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  1. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    -performing loan (NPL) formation for the second successive quarter of -28 million in Q3 from -16 million in Q2. In Greece, the negative NPL formation stood at -17 million in Q3 and reflected a negative... to loan deleveraging, the NPL ratio edged up to 34.8 percent in Q3 from 34.7 percent in Q2

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  2. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    , also staying negative for a fifth quarter, while in consumer loans, NPE formation was -5 million. NPL... formation of 26 million in Q3. The NPL stock was reduced by around 1.2 billion QoQ to 15.8 billion with the NPL ratio slipping to 33.2 percent in Q4 from 35.2 percent in Q3. The NPL coverage ratio edged

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  3. Eurobank net profits at 34.5 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    in consumer loans. After declining in Q4 by 153 million, NPL formation rose in Q1 to stand at 30 million, split between 18 million in Greece and 12 million in the international market. The NPL stock edged down by 200 million QoQ to 15.6 billion, with the NPL ratio coming to 33.2 percent from 33.4

    14%

  4. Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
    Photo by MacroPolis

    EconomyBanking

    euros and remained negative for a seventh quarter. NPL formation fell in Q2 by 77 million euros... of 4 million in the international market. The NPL stock edged down by 400 million QoQ to 15.2 billion, with the NPL ratio coming to 32.5 percent from 33.2 percent in Q1.The NPL coverage ratio fell

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  5. Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
    Image via www.eurobank.gr

    EconomyBanking

    in consumer loans. NPL formation fell in Q2 by 31 million euros, consisting of a decline of 36 million euros.... The NPL stock edged down by 1.2 billion QoQ to 14 billion, with the NPL ratio coming to 30.9 percent from 32.5 percent in Q2. The NPL coverage ratio fell to 68 percent from 70 percent. In the Greek

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  6. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    period a year ago, NPLs have declined by 2.2 billion euros. By segment, NPL formation in the wholesale.... Within retail NPL formation declined in all three sectors. Specifically, small business loan NPLs fell... million. The reduction in the NPL stock led to an improvement in the NPL ratio to 32 percent in Greece

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  7. First TV debate does little to fire up election contest

    PoliticsGreek Politics

    The first, and rather tepid, televised debate ahead of the September 20 elections is unlikely to have made a significant impact on the contest. The rigid format, which saw the seven party leaders taking part answer questions from journalists on pre-agre...

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  8. Greeks show highest mistrust in newspapers, TV and online news across EU
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    A survey on fake news and disinformation, conducted by the European Commission, has revealed the general mistrust that Greeks have of their news media, as well as the perceived impact of fake news. The results were based on phone interviews with 26,576 ...

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  9. Central Athens shop closures at six-year low, mixed picture in other commercial centres
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    that the number of shuttered shops in Athens’ city centre has dropped to its lowest level since 2012... streets in the city of Athens, Piraeus and other main areas of Attica, as well as Thessaloniki and Patra... in the city centre were out of business as of March 2018, an improvement of 1.4 percentage points (pp) from

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  10. Criticism of Athens "Great Walk" prompts debate on public spaces
    Photo by MacroPolis

    PoliticsGreek Politics

    the city centre, replacing them with wider pavements and cycle lanes. Later stages will include more... the plan was approved unanimously in principle by the City Council, many of the parties involved are now... and leader of the “Open City” coalition on the council described the mayor’s actions as “deeply

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