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  1. Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the previous month. MoF figures also showed the state balance recorded a surplus for the second... 900 million posted in the previous month. Overall, revenues rose by 9.5 percent to 42.39 billion

    3%

  2. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank reported a positive bottom-line result for the second straight quarter, with net profits rising to 31 million euros in the third quarter (Q3) of 2016 from 20 million in the previous... of Q3. The NPL coverage continued heading north to 67.5 percent in Q3 from 66.8 percent in the previous

    3%

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

    EconomyBanking

    Eurobank posted an improvement in net profits to 85.4 million in the third quarter (Q3) of 2016 from 46.2 million in the previous quarter. Q3 bottom-line results include a one-off gain of 55 million... percent in Q3 from almost 120 percent in the previous quarter. During the conference call

    3%

  4. NBG turns profitable in Q3, NPE stock drops further by 1 billion
    Photo by MacroPolis

    EconomyBanking

    in the previous quarter. The cash coverage ratio fell to 72.9 percent in Q3, from 74.7 percent in Q2... in Q3 corresponding to 24.9 percent of gross loans, unchanged from the previous quarter. Eurosystem

    3%

  5. Greek stocks rise for third consecutive week as trading increases
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    level since the last week of June, from 50 million in the previous week. Corporate news OPAP’s net... 247 million in the previous quarter. The bank disclosed its non-performing exposure (NPE) and loan

    3%

  6. Economic sentiment and consumer confidence deteriorate in November
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    points in November after rising in the previous two months. The absolute figure landed at -66.9... not offset the cumulative decline of 14.6 points posted in the previous two months. The services

    3%

  7. Greek stocks fall 1.5 pct on week, banks edge up 0.6 pct

    Economy

    stocks declined 1.5 percent this week, after gains in the previous three weeks, while trading... million in the previous week. Corporate news Hellenic Exchanges reported a sharp drop in its 9-month

    3%

  8. CPI falls at faster pace of 0.9 pct in November
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    of 0.6 percent in October in the previous month. The breakdown of November CPI displayed the most... with the previous month revealed November CPI dropped by 1.2 percent, largely due to a decline

    3%

  9. Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of hirings, rebounding from the sub-40 percent readings in the previous two months. In addition, 42.4... also rose to 55.2 percent from 52 percent in the previous month. All age groups continued

    3%

  10. Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows

    EconomyMacroeconomy

    to previous levels. The BoG study shows that the share of private consumption expenditure conducted via cards doubled in the second half of 2015 to a new record high of 9.4 percent. The previous highest

    3%