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  1. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    ) of 2016, fully attributed to a one-off loss of 3.1 billion involving the recycling of losses related... associated with pillar II bonds. The bank’s non-core income though, despite a one-off gain of 35... to 208 million in Q2 from 158 million in Q1 and mostly relate to one big retail group (Marinopoulos

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  2. Bank of Greece study finds one in six local firms is strategic defaulter
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    EconomyMacroeconomy

    credit rating did not allowclassification in one of the first two categories. The firms with high... their loans in one bank but did not pay their loan obligations to the other banks. The study revealed that one in six companies on average was deemed as strategic defaulter during 2010-2015. In addition

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  3. Protests give Mitsotakis chance to round on under-fire coalition
    Photo by MacroPolis

    PoliticsGreek Politics

    bill, which the coalition sees as another piece of legislation that can contribute towards lifting... derogatory comments against the demonstrations came from Interior Minister Panayiotis Kouroublis

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  4. Newsletter 404 - 01/12/2023

    Newsletters

    . Another piece of data that caught the attention this week was the first unemployment rate in single.... It emerged on Tuesday that the 11 have decided that former interior minister Alexis Charitsis

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  5. Newsletter 428 - 21/06/2024

    Newsletters

    is being moved from the Interior Ministry to the Labour Ministry, where she is replacing one of the few... of scepticism among other cadres about whether this is feasible or even a good idea. One.... Theodoros Livanios, one of the youngest members of the government, is being promoted from Alternate

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  6. IMF insists fiscal targets unrealistic, cites historical evidence to support case
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    ’s debt sustainability. One of those assumptions, which still separates the Fund and eurozone... reach higher surpluses, through exceptional compression of spending or other one-off measures..., only one country in the sample has managed to meet and maintain for longer than a decade. The IMF

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  7. One in two Greek households rely on pensions to make ends meet

    Society

    The main, and in many cases only, source of income for almost half of Greek households are pensions, whereas they rely on salaries most in just one in three cases, according to a new survey. The poll... to the survey, 40.2 percent of households (approximately 1.4 million), have at least one member who

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  8. One night in Cannes

    Agora

    a productive one, although certainly risky. It is likely to have flushed out the snipers and those who..., one has to ask to what extent Samaras and Venizelos’s decisions were driven by a desire to save

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  9. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    Standard and Poor’s (S&P) upgraded today Greece’s long-term rating by one notch to ‘B’ from ‘B-‘ with a stable outlook and reflects its view that risks to fiscal consolidation have abated...’ on August 2 and of Fitch by one notch to ‘B’ on May 23. Moody’s rating stands two notches lower than

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  10. Budget primary surplus grows in April thanks to one-off revenues and restricted spending

    EconomyMacroeconomy

    , whiich turned to an over-performance of 69 million by April, mostly reflecting a one-off item. b... include two items that were not incorporated in 2015 budget figures. The first involves one-off

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