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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingEurobank recorded net profits of 1.1 million euros in the second quarter (Q2) of 2018 compared to profits of 34.5 million in the previous quarter. Net results before discontinued operations and restructuring costs point to profits of 55 million, representing a quarter-on-quarter (QoQ) 57 million
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Industrial production falls by 1.1 pct in October, interrupting seven-month positive streak
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) fell year-on-year (YoY) by 1.1 percent in October from a downward revised 1.8 percent increase in September, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. The latest figure interrupts a seven-month streak of positive growth for the index
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Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM
EconomyMacroeconomyCredit contraction in the Greek market came to 1.1 percent in December compared to a contraction of 1.4 percent seen in November, Bank of Greece (BoG) figures showed on Monday. As a result, the outstanding balance decreased to 170.29 billion from 173.47 billion in the previous month and stayed
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Trade deficit grows by 5.1 pct in Dec, full-year increase comes to 1.1 pct
EconomyMacroeconomypercent YoY in December. The aggregate figure for 2018 showed a rise of 1.1 percent in the trade
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Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 1.1 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance decreased to 169.42 billion from 170.29 billion in the previous month and stayed under the 180-billion euro mark
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CPI falls by 1.1 pct YoY in May
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.1 percent year-on-year (YoY) in May compared to a decline of 1.4 percent seen in April, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The average CPI for the rolling 12 months fell by 0.1 percent. Month-on-month, the CPI for May
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Credit growth edges up to 1.1 pct in Nov
EconomyMacroeconomyCredit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion has remained broadly stable after
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Growth in car sales slows to 1.1 pct in April
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2022, the year-on-year
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2
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In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
EconomyMacroeconomyof Greece achieving overall balances to three years, after a total surplus of 0.7 percent in 2016 and 1.1... last October, when it expected a total deficit of -1.7 percent of GDP for 2017, a deficit of -1.1... that assets average 102 percent of GDP, from 398 percent in Norway to 21 percent in India, almost evenly split
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