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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingThe National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1) of 2017, compared to 73 million in the previous quarter. This largely reflects the elimination of trading and other income, which included a one-off gain of 150 million euros related to the sale
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Survey shows 42 pct of Greek expats unlikely to return
Societyyears or more, 9 percent in two years and another 9 percent in one year. Some 55 percent
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomypercent) and corporate lending (-23.8 percent). One of the biggest obstacles for the long-awaited credit
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Lenders provide words of support and warning regarding debt talks
PoliticsGreek Politicsforward, one that would dispel the uncertainty surrounding Greece. His calls were backed up by Bank
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomywas one of the main drivers behind the downturn. The rates of decline were relatively modest
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Athens unsettled by speculation about proposal at June 15 Eurogroup
PoliticsGreek Politicswhether he would emerge from the European Council on June 22 wearing a tie (he has promised to put one
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Bank branches fall in 2016, degree of concentration highest in EU
EconomyBankingby 14,378, or one fourth, over this period. The most notable declines were recorded in 2013 and 2014
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Greek distrust of media high compared to EU average
Societywere owned by shipowners and one by a construction magnate who later dropped out. The argument
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OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
EconomyMacroeconomyof improvements in tax compliance and one-off revenues from tax arrears. Going forward, the OECD
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Industrial production edges up 1 pct in April after double-digit growth in previous two months
EconomyMacroeconomymakes up more than one fifth of the total index, grew by 3.7 percent. Furthermore, mining
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