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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingGreek deposit yield stood at 33 bps in Q4 from 37 bps in Q4, while the loan yield came to 357 bps from... lending fees, as disbursements towards Greek corporates accelerated to 1 billion in the quarter... of around 6 billion euros set to launch when market conditions allow. Since 2015, NPEs have been reduced
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Big drop in March sees PMI settle at 42.5 pts as Covid-19 measures bite
EconomyMacroeconomyto the latest data from Markit PMI. The data indicates that the Greek manufacturing sector has been... on the results, Markit PMI analysts said that the momentum which had been building in the Greek manufacturing sector had rapidly slowed due to the coronavirus outbreak. Operating conditions deteriorated
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New data highlights pandemic impact on enterprises as turnover falls sharply
EconomyFeaturestheir needs. Total turnover in the Greek economy in Q2, registered as of 2017 in the Greek business register... measures and to the operation under the newly imposed conditions due to the pandemic. On the demand side
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More fires at Moria add to pressure for effective response to asylum crisis
PoliticsGreek Politicsan already acute crisis for the Greek government, which had already declared a four-month state...” to be immediately deported, while Kyriakos Velopoulos of ultra-nationalist Greek Solution suggested... conditions at the camp, referring to information suggesting that the fires were started in reaction
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PMI rises to 50 points in September, signalling stabilisation
EconomyMacroeconomyincreased for the second consecutive month as Greek manufacturers expanded their workforce numbers... that the Greek manufacturing sector was starting to stabilise and that it was a positive sign that the output... and indicates an improvement in operating conditions, signalling a positive end to the third quarter
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Athens, Ankara dally over date for talks as Maas prepares fresh visit
PoliticsForeign Policy, the recent crisis in Greek-Turkish relations and the issue of the opening of the beach at Varosha... and Ankara next week. Berlin seems eager to see its diplomatic efforts to improve Greek-Turkish..., did not create the right conditions for substantial talks between the pair. It seems that the two
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Insolvency bill debate brings implementation challenges to the fore
PoliticsGreek Politics-long financial crisis. The legislation, which is also intended to bring Greek law in line with the EU..., servicers and the Greek state, around one third of which relates to individuals and the remainder... framework, allowing overindebted borrowers meeting certain conditions to preserve
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Turkey friction looms as Greece and Albania opt for ICJ route, Lavrov visits Athens
PoliticsForeign Policywith Italy and Egypt. For the Greek side, this diplomatic move is crucial for the additional reason... opposition parties. Greek-Russian relations The next important diplomatic step for Athens... to Athens creates the conditions for a new rapprochement. Lavrov is expected to meet his counterpart
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PM pledges handouts amid discontent and gripes over coronavirus strategy
PoliticsGreek Politics. The proposal for the suspension of property auctions was put forward by ultra-nationalist Greek Solution, while SYRIZA had called for the weakest members of Greek society to be given extra assistance... of shutting down primary schools as well if the conditions demand such a move. Opinion poll
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PMI drops to 42.3 points in November as second lockdown hits
EconomyMacroeconomyimprovement, meaning that the latest figure signals an overall deterioration in the Greek manufacturing... said that the latest reading showed a significant deterioration for the Greek manufacturing sector... conditions regarding the pandemic. “Alongside weak projections for the tourism sector, however, our
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