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  1. Officials order wider use of masks as upward trend for Covid-19 cases continues
    Photo by MacroPolis

    PoliticsGreek Politics

    The use of face masks for debates in Parliament became compulsory on Wednesday as Greek authorities try to re-instill a sense of caution in the public after seeing the number of coronavirus cases rise significantly this week. The decision to make MPs an...

    34%

  2. Looking to build on support for relief measures, ND unveils new tax bill

    PoliticsGreek Politics

    of a flat tax aimed at convincing wealthy individuals to move their tax domicile. The non-dom scheme will offer anyone who declares their global income in Greece a flat tax of 100,000 euros. To qualify... years. If the investment reaches 1.5 million euros, the flat tax will be halved. Investments of 3

    26%

  3. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    . On the cost front, operating expenses fell 12 percent YoY in H1, while remained flat QoQ... in Q2 from 2.36 percent in Q1 and 2.71 percent in Q2 2013. Gross loans remained almost flat YoY and QoQ... remained flat QoQ on sight net additions offset by lower state deposits. National’s loan to deposit

    23%

  4. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    remained flat QoQ at 51 percent. Along with that of Eurobank, Piraeus coverage ratio stands... by 1 percent QoQ, cost of risk remained flat at 2.6 percent. Cumulative provisions (LLRs) improved... and Eurobank at 103 percent and lower than Alpha’s at 119 percent. Eurosystem funding remained flat QoQ at 10

    23%

  5. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    bill for oil and ships. Excluding the impact of oil and ships, exports remained almost flat, while... in Greece in August. As a result, the respective 8-month figure remained almost flat in comparison... in Greek stocks. BoG figures also showed that reserve assets remained flat for the second consecutive

    23%

  6. Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles

    EconomyMacroeconomy

    . Also, the upcoming pension reform will keep spending flat in absolute terms flat and a declining... that public investments will stay flat over the period all the heavy lifting in delivering this level

    23%

  7. Greek primary cash surplus more than doubles to 2.45 bln at end of August

    EconomyMacroeconomy

    difference on the preceding month. Debt The outstanding state debt stayed flat year to date at 321.5 billion... to date. It was down to 55.93 billion at the end of August, while it remained flat MoM. The year to date

    19%

  8. Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
    Photo by MacroPolis

    EconomyBanking

    the previous year. The net interest margin (NIM) remained almost flat at 2.7 percent QoQ, reflecting a loan... gross loans. The non-performing loan (NPL) ratio remained flat QoQ at 33.6 percent with consumer credit

    19%

  9. Athens bourse dives 10.54 pct on Monday, falling to lowest since June 2012
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    the FTSE/Large Cap index constituents, only one share remained flat and the other 24 stocks recorded...: Lamda Development (flat), Grivalia (-3.9 percent), Jumbo (-5.6 percent), Piraeus Port Authority

    19%

  10. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    in Q2 after a revised flat growth in Q1, while it increased by 0.8 percent YoY, after a drop of 0.8... contracted by 0.7 percent in the first half (H1) of 2016, while nominal GDP remained flat. In the course

    19%