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  1. Banking on voters’ desire for stability, ND insists ruling majority is still achievable
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the Turkey–Libya maritime memorandum “in practice.” The government is also pushing ahead

    4%
  2. Mitsotakis touts benefits of energy deals against backdrop of criticism
    Image: Chevron

    PoliticsGreek Politics

    in the 2019 Turkey-Libya maritime pact. Greece disputes the legality of the pact; however, last week Turkey’s

    4%
  3. Disposable income falls for second straight quarter, by 0.7 pct in Q2

    EconomyMacroeconomy

    of 1.1 percent in taxes on income and wealth. Disposable income has tumbled by 27.5 percent... contributions and benefits fell by 1.1 percent to 13.72 billion in Q2, after rising in the previous three... for the fourth straight quarter by 1.1 percent to 31.84 billion in Q2. The cumulative decrease in final

    4%
  4. Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
    Image via www.eurobank.gr

    EconomyBanking

    to profits of 1.1 million in the previous quarter. As the results revealed, higher commission income... PPI increased by 1.1 percent to 627 million euros. Asset quality The non-performing exposure (NPE... principal of 1.1 billion. The sale is expected to be completed within the fourth quarter of 2018

    4%
  5. Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent, lower than the recent IMF and European Commission (EC) forecasts of 2.2 and 2.1 percent... seen up by 2.6 percent but slowing thereafter to 2.3 percent in 2020 and to 2.2 percent in 2021... are expected to edge up 0.2 percent in 2017 and grow by 2.2 and 2.4 percent in 2018 and 2019 respectively

    4%
  6. Newsletter 173 -07/09/2018

    Newsletters

    , the highest since Q3 2016. Gross capital formation declined by 2.2 percent QoQ. The MoF expects strong... ambitious than the initial target by 2.2 billion and aims to bring the pile of NPEs to 64.6 billion... by the general government. Gross capital formation declined by 2.2 percent QoQ. On a quarterly basis, gross

    4%
  7. Q4 GDP rises by 0.9 pct QoQ, taking full-year growth to 2.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 0.5 percent QoQ and services exports increased by 2.2 percent. Imports of goods dropped by 1.4... down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability report that was published in October, Bank of Greece (BoG) sees 2024 growth at 2.2 percent for 2024, and 2.5 pct

    4%
  8. Newsletter 38 - 07/08/2015

    Newsletters

    of new cards issued, which reportedly exceeded 1.1 million in July compared to an average of 100,000... reportedly issued 1.1 million new cards in July, more than ten times what they normally would. increase... other EU countries. This means that the issue of more than 1.1 new debit cards in July corresponds

    3%
  9. Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB

    EconomyBanking

    on the back of lower deposit cost, leading core PPI (excluding one-off items) up 1.1 percent QoQ... million in Q3. Gross loans slipped by 1.1 percent QoQ to 68.9 billion n Q3, while deposits contracted.... The NPL ratio rose at an accelerating pace of 1.1 percentage points to 40.5 percent in Q3 from 39.4

    3%
  10. Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
    Photo by MacroPolis

    EconomyBanking

    by 2.7 percent QoQ to 279.7 million, while the figure for nine months showed a decline of 1.1 percent... to 11.6 billion in September and by another 1.1 billion euros until November. Specifically, Emergency..., securities’ maturities and disposals of 1.1 billion euros (mostly EFSF bonds), as well as deposit inflows

    3%