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  1. Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    million euros from 41.1 million in the previous quarter. For the whole year, the bank recorded net... percent in the previous quarter. The breakdown showed the small business loan (SBL) sector has... loan NII. For similar reasons, the full year NII improved by 1.4 percent from the previous year

    3%

  2. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    profits of 73 million euros from 6 million in the previous quarter. The lender’s Q4 results include... percent in Q4 from 46.4 percent in the previous quarter with the cash coverage ratio at 56.5 percent... in the previous quarter. Moreover, the NPL coverage ratio rose to 74.3 percent in Q4, remaining

    3%

  3. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    , falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank... Assistance (ELA) funding by 775 million in March after a brief rise of 334 million in the previous..., which made up 71 percent of the total figure in March from less than 70 percent in the previous month

    3%

  4. Rise in new overdue taxes slows to 658 mln in March, stock edges up to 94.3 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    it rose by 658 million euros compared to a 989-million-euro increase in the previous month... from the previous month. The debt pile corresponds to 53.6 percent of GDP. Efficiency indicators IAPR... corporates further declined to just 4.5 percent in March from 14.2 percent in the previous month

    3%

  5. Overdue social security contributions climb to 22.5 bln at end of Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the first quarter (Q1) of 2017 from 17.54 billion at the end of the previous quarter, a bulletin... doubled from the previous quarter to around 620,000 at the end of Q1 from almost 315,000 at the end of Q4... triple from the previous quarter figure of 127,086. Moreover, 13.4 percent of debtors owe between

    3%

  6. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) in the first quarter (Q1) of 2017, after dropping by 1.2 percent in the previous quarter, the Hellenic... in Q1 after declining by 1.3 percent in the previous quarter. It slightly rebounded by 0.2 percent... in Parliament on Saturday evening, the Finance Ministry downward revised its previous ambitious GDP

    3%

  7. Slight rise of 0.3 pct in March retail sales after strong growth in February
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    but short-lived rebound of 9.9 percent in the previous month. The biggest rises in March retail sales were... to the previous month, retail sales dropped by 3.4 percent, mostly due to a decrease in food, beverages... percent MoM in March after a rebound of 3.7 percent in the previous month. Since 2010 retail sales

    3%

  8. Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarter (Q1) of 2017, after a downwardly revised drop of 1.1 percent in the previous quarter... by 1.1 percent in the previous quarter. It grew by 0.9 percent YoY from a decrease of 0.7 percent... percent QoQ after rising by 0.3 percent in the previous quarter. The Q1 headline figure

    3%

  9. Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous... holidays and maternity leave). However, compared to the previous quarter the wages index dropped... a short-lived decrease of 0.7 percent in the previous quarter. The comparison with the previous

    3%

  10. Material deprivation rises, while poverty risk drops slightly
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    on Income and Living Conditions of Households (SILC) referencing the previous calendar year (2015..., unchanged from the previous year. The survey also showed that 28.7 percent of the total population lives...). This is a slight decrease compared to the previous year’s figure of 35.7 percent. The share

    3%