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  1. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported first half (H1) net profit of 267.4 million euros from 3.41 billion last year... one-off items. Excluding DTA, the bank posted net loss of 146.6 million in H1, which was 8.4 percent better than the consensus. The financial performance this year showed net loss was trimmed to 57.4

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  2. October current account deficit at 871.3 mln as goods balance worsens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    net external assets showed no notable change in October under direct investments. Portfolio investment showed a net increase in residents’ external assets which was driven by a rise of 1.1 billion euros in holdings of foreign bonds and T-bills. A net decrease in external liabilities for the month

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  3. November current account deficit at 1.41 bln as import value outstrips exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Centre of Athens Hygeia SA. Portfolio investment showed a net increase in residents’ external assets which was driven by a rise of 1.1 billion euros in holdings of foreign bonds and T-bills. A net... a rise of 10.2 percent also to stand at 1.92 billion. Financial account Residents’ net external

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  4. Newsletter 241 - 28/02/2020

    Newsletters

    with the Council of State (CoS) ruling and the clearing of state guarantees for bank loans, at 1.1 percent of GDP... cost of credit risk. This cost consequently restricts the net profit margin of banks.” The bank went... for the month Total deposits fell by 2.01 billion to come to 157.15 billion. Net deposit movements

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  5. Eurobank reports loss of 186.6 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    Eurobank reported a net loss of 186.6 million euros in the third quarter (Q3) from 301.1 million... expenses by 3.7 percent to 257.7 million. On the revenue front, net interest income (NII) slightly...’s performance reflects higher loan and deposit NII mitigated by lower bond NII. Net interest margin

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  6. Greece seeks 3-year programme that could exceed 65 bln

    EconomyProgramme

    of other medium- and long-term debt of 5.5 billion 4) Net redemption of T-Bills of 2.3 billion Including... billion. To find out the net financing needs, we should also take into account several other factors... suggested Greece’s net funding needs would reach at 51.9 billion by the end of 2018. However

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  7. Greek stocks surge 9 pct, up for third successive week

    Economy

    of a 5.5 percent rise last week. The improved investor sentiment was accompanied by increased trading... Eurobank posted on Wednesday a net loss of 175.3 million euros in the fourth quarter (Q4) reflecting improved quarter on quarter (QoQ) net interest income, marked rebound of fee income and higher loan

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  8. Newsletter 99 - 09/12/2016

    Newsletters

    the beginning of the year. Overall, net revenues beat the target by 70 million in November and by 2.44... on 6, KKE on 5.5 and Zoe Konstantopoulou’s Sailing for Freedom on 3. None of the other parties made... be mindful of the following: the decision will be characterised by the Fund becoming a net

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  9. EC report notes economic imbalances and outlines remedies
    Photo by Angelos Christofilopoulos/Fosphotos

    Economy

    indebtedness. Greece's net investment position (NIIP) came to -140.5 percent of GDP in 2017, the second..., the cyclically adjusted current account shows a deficit of 5.5 percent. High levels of NPLs in the banking... of a modern social safety net. Exports of goods also performed well in recent years and hit

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  10. Newsletter 293 - 16/04/2021

    Newsletters

    basis, net revenue came in 949 million euros below its target The budget primary balance recorded... interest payments and the public investment budget came to 12.6 billion euros. Net revenues came to 11.5... of 2.46 billion euros compared to a deficit of 715 million euros in March 2020. On a monthly basis, net

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