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  1. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    EconomyBanking

    came to 53.4 percent from 59.2 percent. At the same time, the domestic non-performing loan (NPL) dropped by 600 million euros and stood at 7.5 billion. This led the group NPL ratio to stand at 21.7 percent. The NPL coverage ratio stood at 76.8 percent. Regarding NPL sales, the bank highlighted upcoming

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  2. Alpha Bank Q3 results reflect net profits of 43.8 mln
    Photo by MacroPolis

    EconomyBanking

    coverage increased to 44.8 percent. Total coverage stands at 101.7 percent. NPL balances in Greece... billion, unchanged from Q2 2020. The group NPL ratio stood at 30 percent. The NPL coverage ratio stood... of the transaction. After the Galaxy transaction, Alpha Bank’s NPL ratio in Greece will be down to 13

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  3. New Year reshuffle brings more MPs into cabinet, keeps key ministers in post

    PoliticsGreek Politics

    the deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis... to the right” and “a party-political balancing act”. The elevation to the Interior Ministry of Makis Voridis

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  4. University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    investigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior

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  5. Property ownership waning in Greece as renting takes over

    Society

    an apartment, followed by 36.2 percent who owned land or another asset and 30.4 percent who owned a house. Six... for apartments and 20 percent for houses. However, it was also noted that within the last few years... two years was tourism-related property (61.9 percent) followed by apartments (24.3 percent

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  6. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    apartment blocks in central Athens to use as short term rentals. While some of these tales have... to increased demand for smaller city apartments as well as luxury properties in resort destinations... of listings on a popular online aggregator showed that long-term rents on apartments in the most popular

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  7. Newsletter 297 - 21/05/2021

    Newsletters

    billion euros which was 181 million euros higher than its monthly target. Apartment prices increase 3.2... in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the first quarter... in Q4 2020. Old apartments, classified as over five years old, saw their prices increase by 3.4

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  8. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    at 13,383 in 2014 from 65,474 registered in 2008. Apartment prices, which are indirectly linked to building... downward revision of Greek macro environment would lead to a sharper decline in apartment prices

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  9. Building permits shoot up by 14.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    activity is indirectly linked to apartment prices, which fell for the twenty-fifth straight quarter... drop in apartment prices in the next two years. Building activity is also related to the evolution

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  10. Major fall of 31.6 pct for building activity in July

    EconomyMacroeconomy

    activity. Apartment prices, which are indirectly linked to building activity, recorded a decline... respectively, will further delay the long-awaited rebound in apartment prices at least for the next two

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