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  1. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    to 33.5 percent from 33.1 percent in the previous quarter. The NPL coverage ratio stood at 79 percent... amounted to 244 million versus 259 million for the previous quarter, down by 6 percent. In 9M, recurring

    3%

  2. Budget primary surplus at 7.61 bln in November as expenditure curtailed
    Photo by MacroPolis

    EconomyMacroeconomy

    in the previous month. The balance a year ago showed a deficit of 683 million euros. The budget balance... the target by 1.26 billion. PIB PIB revenues came to 169 million in November, higher than the previous month

    3%

  3. Alpha Bank and Eurobank start new year with further bad loan sales

    EconomyBanking

    reversed a loss of 52.9 million seen in the previous quarter. The bank’s results also outlined... 2018 compared to profits of 1.1 million in the previous quarter. By 2019, the bank intends to reduce

    3%

  4. Economic sentiment at 101.6 in December, consumer confidence and retail trade strengthen

    EconomyMacroeconomy

    and came to -5 compared to -3.2 in the previous month. Year-on-year, industry confidence has.... The construction confidence indicator fell to -53.1 from -43.1 in the previous month. November’s reading had

    3%

  5. Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    of 4.46 billion euros, dropping from the surplus of 1.19 billion noted in the previous month. The balance... PIB revenues came to 788 million in December, notably higher than the previous month’s figure of 165

    3%

  6. Outstanding tax refunds at lowest level in five years
    Photo by MacroPolis

    EconomyMacroeconomy

    tax refunds was carried over from the previous year, also representing a five-year low. The latest... after an increase of 10 million in the previous month. While month-on-month falls were noted in several

    3%

  7. Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros against the previous year’s total of 48.42 billion. Year-on-year, expenditure for the month... deficit came to 2.96 billion in December from a deficit of 1.83 billion euros in the previous year

    3%

  8. Industrial turnover rises by 7 pct in November
    Image via www.viohalco.com

    EconomyMacroeconomy

    of 2018, although dropping from the previous month’s rise which was the highest since May 2017... to -3.2 in the previous month. Year-on-year, industry confidence has deteriorated by 5.2 points.

    3%

  9. Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros in September 2018, very slightly up from 723.52 cents in the previous year. The average... sums involved fell by just under 70.8 percent to 7.3 million euros from 25.1 million in the previous

    3%

  10. Disposable income rises by 4.1 pct YoY in Q3, final consumption grows 1.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek household disposable income grew by 4.1 percent year-on-year (YoY) in the third quarter (Q3) of 2018, growing from the rise of 3.3 percent noted in the previous quarter, according to Hellenic... YoY compared to an increase of 3.4 percent in the previous quarter, and stood at 14.78 billion

    3%