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  1. NBG reports net losses in Q2, NPEs down for fifth straight quarter
    Photo by MacroPolis

    EconomyBanking

    300 million euros, accelerating from the previous quarter’s figure of almost 200 million. Overall... 56 percent in the previous quarter. It is worth noting that the bank reiterated it has created so... to 85.5 percent in Q2 from 87.3 percent in the previous quarter remaining the lowest among

    3%

  2. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    million from 300 million in the previous quarter. Since the NPE target for the end of the year stands... decreasing to 47 and 48 percent respectively from 49 percent in the previous quarter. The non-performing... (provisions over gross loans) of 146 bps in Q2 from 164 bps in the previous quarter and 227 bps a year ago

    3%

  3. New overdue tax obligations at 1.07 bln in August, total at 98.23 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent in the previous month. The amounts due for two other key taxes, namely personal... rising in the previous month. They declined by 121,000 to stand at 3.9 million in August. Legacy tax... legacy and new tax debt, rose by 876 million euros to 98.23 billion compared to the previous month

    3%

  4. NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
    Photo by MacroPolis

    EconomyBanking

    , slowing from the previous quarter’s decline of 300 million. Overall, the parent NPE stock came to 18... in the previous quarter. Having reduced its NPE stock by 3.5 billion so far, beyond the target for 2017, 4.9... compared to the previous quarter. The total Greek loan yield fell slightly to 388 bps from 393 bps

    3%

  5. GDP growth slows in Q3 amid lower 2017 forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    quarter (Q3) of 2017 after an upwards revised increase of 0.8 percent in the previous quarter... a drop of 0.1 percent in the previous quarter. The Q3 headline figure is the first back-to-back... percent QoQ following a downwards revised drop of 15.4 percent in the previous quarter. Gross capital

    3%

  6. Wages index improves 0.9 pct in Q3, declines 0.7 percent YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 0.5 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed...-working days (holidays, national holidays and maternity leave). Compared to the previous quarter... the positive trend of the previous two quarters. The annual decline is the largest since Q2 2015

    3%

  7. Newsletter 145

    Newsletters

    euros. As with previous months, the travel balance was the main driver behind the improvements... 11.1 pct in October Headline figure reverses decline of previous month to put industrial turnover... of the previous month, which was the first time since October 2016 that the index had fallen

    3%

  8. Unemployment rate at 20.9 pct in November, slight upward revision for October
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    on Thursday. In November, a decrease of 9,659 people employed was noted versus the previous month... against the previous year, and is the fourth consecutive month since October 2011 where the total... unemployment rate at 26 percent, increasing from the previous month’s rate of 25.8 percent. The lowest

    3%

  9. Greece reaches for its pills
    Photo via Flickr https://flic.kr/p/9KY9Wj

    Agora

    to concur that there had been waste and overspending in healthcare in the previous years. Samaras... of the strain. If so many previous ministers and governments knew what had gone on, why did none of them try... this? If there is anything useful to come out of the Novartis probe (given the track record of previous

    3%

  10. NBG reports net loss of 163 mln in 2017, bad loans continue to fall
    Image via www.nbg.gr

    EconomyBanking

    for a seventh consecutive quarter by just under 700 million, picking up pace from the previous quarter's... fell to 55.1 percent from 55.9 percent in the previous quarter. At the same time, domestic non... the total book is priced at 86 bps, down by four basis points compared to the previous quarter. The total

    3%