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  1. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    The National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1) of 2017, compared to 73 million in the previous quarter. This largely reflects the elimination of trading and other income, which included a one-off gain of 150 million euros related to the sale

    4%

  2. Survey shows 42 pct of Greek expats unlikely to return
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    years or more, 9 percent in two years and another 9 percent in one year. Some 55 percent

    4%

  3. The Court of Audit's opinion on new pension cuts and its implications
    Photo by Panayotis Tzamaros/Fosphotos

    Legal

    with Metaxas & Associates: M&A (www.metaxaslaw.gr) is one of the leading law firms in Greece and regarded

    4%

  4. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent) and corporate lending (-23.8 percent). One of the biggest obstacles for the long-awaited credit

    4%

  5. Lenders provide words of support and warning regarding debt talks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    forward, one that would dispel the uncertainty surrounding Greece. His calls were backed up by Bank

    4%

  6. Greek PMI rises to 49.6 in May as uncertainty continues to impact
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    was one of the main drivers behind the downturn. The rates of decline were relatively modest

    4%

  7. Bank branches fall in 2016, degree of concentration highest in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyBanking

    by 14,378, or one fourth, over this period. The most notable declines were recorded in 2013 and 2014

    4%

  8. Greek distrust of media high compared to EU average
    Photo by Gerasimos Domenikos/Fosphotos

    Society

    were owned by shipowners and one by a construction magnate who later dropped out. The argument

    4%

  9. OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of improvements in tax compliance and one-off revenues from tax arrears. Going forward, the OECD

    4%

  10. Industrial production edges up 1 pct in April after double-digit growth in previous two months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    makes up more than one fifth of the total index, grew by 3.7 percent. Furthermore, mining

    4%