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  1. Greek household expenditure falls by another 2.5 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    to 1,392.03 euros, down by 2 percent or 28.97 euros compared to 2015’s figure. The average expenditure per month per person came to 538.94 euros in 2016, down by 2 percent or 11.24 euros compared to 2015... being spent on food by 4.3 percentage points (pp), while spending on housing rose by 2 pp, health

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  2. Newsletter 140 -17/11/2017

    Newsletters

    expects a growth rate of close to 2 percent of GDP this year. The opposition parties, though, accused..., with escalating coupons that started at 2 percent in 2013 and reach 4.3 percent in 2023... of the country. 2 Net hirings balance negative by 98,420 in Oct Headline figure slips into negative

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  3. Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
    Image via www.piraeusbank.gr

    EconomyBanking

    with a combined value of around 2 billion euros. These are composed of unsecured non-performing... in administrative and employee costs by 7 percent and 2 percent, respectively - branches have been reduced by 8... sheet amount of around 2 billion euros,” he said. “For the full year 2017, we are committed

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  4. European Commission keeps DSA broadly same, stresses need for relief

    EconomyProgramme

    developments. Inflation is seen at approximately 2 percent from 2014, which brings the nominal long-term..., with Greece already having paid back 2 billion euros from the sale of Finansbank by National Bank... seen slightly lower to 2 percent of GDP by 2025. Debt to GDP ratio stabilises at a higher level

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  5. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    , the figure declined by 0.9 percent for the group and by 2 percent for Greece. As a result, the cost... percent to 750 million, with a cost of risk of 2 percent versus 1.96 percent in 2016. As management noted...). The coverage for stage 2 loans increased by 620 bps to 10.7 percent in Q4, while that for stage 3 loans (NPE

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  6. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    ) and operating income. For 2017, core PPI increased by 2 percent year-one-year to 1.21 billion. Asset quality Non-performing exposure (NPE) stock in Greece fell for the fourth quarter in a row by around 2... 2017. ECB funding fell by 2 billion to 3.2 billion in December 2017 compared to a year ago

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  7. Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    billion euros. Primary expenditure came to 9.45 billion euros, very slightly below target by 2 million... of the year showed that primary expenditure came to 9.45 billion, very slightly below target by 2... of the year, expenditure declined by 8.5 percent to 11.36 billion, standing 2 million lower than target. PIB

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  8. IMF revises growth forecasts downwards, emphasising gap with other lenders
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    framework. The IMF sees Greek economic growth in real terms at 2 percent in 2018, then decelerating... Greece to grow by 2.3 in 2018 and 2 percent next year. Ratings agencies are also more optimistic than... the positive outlook, with growth estimates that exceed 2 percent in the near term. On the sidelines

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  9. Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    target by 2 million euros. Net revenues came to 11.10 billion euros, above target by 407 million... below target by 2 million euros and 5.4 percent lower than that for the same time last year. Interest... three months of the year, expenditure declined by 8.5 percent to 11.36 billion, standing 2 million lower

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  10. Newsletter 161 -11/05/2018

    Newsletters

    to Tier 2 instruments, the capital depletion for NBG is 9.56 pps and 8.95 pps for Piraeus. The main... could account for as much as 37.2 percent to 44.8 percent of all employment. 2 New overdue taxes up... in March following a rise of 2 billion euros in February, data from the Independent Authority of Public

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