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  1. OECD highlights reforms and imbalances that need to be addressed
    Photo by Fosphotos

    EconomyMacroeconomy

    strongly, the think-tank adds. The OECD sees economic growth of 2 percent this year and 2.3 percent... growth potential. The OECD notes that real investment has dropped by 60 percent from its peak

    20%

  2. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    and commission income fell QoQ by 10 percent (79 million versus 87 million) but rose by 2 percent YoY... a phasing impact of around 60 bps was noted in Q1 bringing the CET1 ratio on a fully loaded basis

    20%

  3. Budget primary surplus at 617 mln in June as expenditure continues to fall below target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the year, expenditure increased by 2 percent to 23.32 billion, lower than the target by 122 million. PIB... deficit of 60 million. For the aggregate period, revenues increased to 1.25 billion, beating the target

    20%

  4. Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
    Photo by MacroPolis

    EconomyMacroeconomy

    of the EU receipts dropped by 2 percent to 312 million. Euro area residents were the main contributor... from Germany increased by 60 percent to 551,000, followed by the UK with 297,000 and France up by 20

    20%

  5. General govt primary cash surplus at 1.45 bln in June as expenditure picks up
    Photo by MacroPolis

    EconomyMacroeconomy

    euros, or 2 percent, in the aggregate period up to June to come to 36.66 billion. This was driven... in hospitals (+60 million euros) and local governments (+35 million euros). ​At 33.5 percent

    20%

  6. Sarantis Group sales rise by 9.8 pct in H1
    Image via www.sarantis.gr

    EconomyCorporates

    euros versus 146 million for the same time last year. Domestic sales increased by 2 percent in H1 and came to 60 million euros against last year’s figure of 58.8 million. Sales growth in overseas

    20%

  7. NBG net profits decline to 8 mln in Q3, NPLs continue to fall
    Photo by MacroPolis

    EconomyBanking

    by 5.6 billion with negative formations of 2.1 billion and write-offs 3.5 billion, around 2 billion... added that NBG’s comparative advantage of a high provision coverage of 60 percent would allow for more

    20%

  8. Chasing investment, the Greek dream
    Photo by MacroPolis

    Agora

    building was below 2 billion euros in the mid-90s; by the third quarter of 2004 it had risen to just... at 34.4 percent of the total, from nearly 60 percent at its peak in 2007. Equally, total machinery now

    20%

  9. Newsletter 191 -25/01/2018

    Newsletters

    , around 7.5 percent of all pensioners are aged between 51 to 60 years old, largely reflecting... euros for the same period last year. 2 Disposable income up 4.1 pct YoY in Q3 Final consumption grows

    20%

  10. Newsletter 206 -17/05/2019

    Newsletters

    that they view the measures as “very” or “quite” important, while 60 percent said they were... details and how the new framework will be used. 2 Budget surplus at 1.46 bln in Apr Headline figure lands

    20%