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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomya modest rise by 52 million in the 9-month period to 807 million accounting for around 14 percent of total... in the last quarter of this year and of 7 billion in total by the end of 2016. Debt The stock of gross debt
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Economic sentiment rebounds in March, consumer confidence nosedives
EconomyMacroeconomyof 75.2 in March 2009. It has improved by 14 points since its recent low of 76.1 last August. Consumer... deteriorated by more than 7 points since last August and currently stands around 12 points above
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingmillion a year ago. The banks’ core pre-provision income (PPI) improved by 14 percent quarter on quarter... billion in Q4. They rose 7 percent from last year. As a result, loan loss reserves reached 17.4
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Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomy(mostly credit cards) remained almost stable at 14.47 percent. BoG figures also showed a 7 bps... market rose by 14 bps to 4.59 percent in July, in line with the loan rate hike. It is worth noting
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Greece slips five places to 86th in global competitiveness rankings
Economy), which account for 50 percent of GCI. In contrast, its position gained 7 slots in innovation... percent), inefficient government bureaucracy (15.6 percent), access to financing (14 percent) and tax
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Cyprus talks enter crucial stage as Greece makes position clear on guarantees
PoliticsForeign Policyon this crucial issue between November 7 and 11. In a speech on Sunday, Anastasiades said that so far “we have... is to visit Athens on November 14, as some reports suggest, then the Cyprus issue is likely to top his
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Building activity edged up 1 pct in September
EconomyMacroeconomyfor the 9-month period continue to point to a decline of 7 percent. In addition, the corresponding surface... on cumulative net deductions of 14 billion euros over this period. In addition, 28.1 billion or 42 percent
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Industrial production growth slows to 2.3 pct in Nov
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 2.3 percent in November after an upward revised increase of 7 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday... (+14 percent) followed by intermediated goods (+2.6 percent) and consumer non-durables (+2.5 percent
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Athens, lenders trying to put last pieces in place for technical agreement
EconomyProgrammefor the private sector, 14 percent for public sector pensioners, while a number of self-employed pensioners... that even under this scenario, securing a staff-level agreement (SLA) for the April 7 Eurogroup might
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Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankingthe macroeconomic developments in Q1 it would be quite challenging to meet the NPE reduction target (-7 percent... by 14 percent or almost 2,000 to 11,863 in 2016 mostly reflecting the sale of the Serbian subsidiary
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