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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingby significant cure rates in the same portfolio. As with previous quarters, NPE outflow from collections
3% -
Unemployment falls to 21.2 pct in June, lowest since Dec 2011
EconomyMacroeconomysince December 2011. Compared with the previous month, the number of employed increased by 16,857
3% -
CPI up by 0.9 pct in August, staying positive for eighth consecutive month
EconomyMacroeconomy(-5.5 percent). Compared to the previous month, the CPI in August declined by 0.4 percent on the back
3% -
Building activity rises by 9 pct in June, permits above 1,000 for fourth month
EconomyMacroeconomydrop of 1.7 percent in the previous quarter. Apartment prices have been in contractionary territory
3% -
Third review seen taking longer than Athens had hoped
PoliticsGreek Politicsis considered easier than previous inspections by the creditors. The official’s comment, though, indicates
3% -
Net job hirings turn negative by 14,402 in August to highest aggregate figure on record
EconomyMacroeconomyamong total hirings edged up to 57.5 percent in August from 57.9 percent in the previous month
3% -
Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
EconomyMacroeconomyeuros. After recording a surplus in the previous month, the Public Investment Budget (PIB) came
3% -
Review demands put spotlight on Greek banks
EconomyBankingin midday and the stock of Piraeus was recovering a large part of the previous day’s losses, being
3% -
Credit contraction eases to 0.9 pct in August
EconomyMacroeconomynet deductions of 312.7 million euros from 456.1 million in the previous month. The negative flow
3% -
Deposit inflows rise to 1.41 bln in August, highest for 2017
EconomyMacroeconomyin the previous month. On a year-to-date basis, flows stayed positive for a second month to total 1.92 billion
3%