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Credit contraction continues in July with 1.2 pct decline
EconomyMacroeconomyfurther to 189.18 billion euros. Moreover, the net lending flow showed net deductions of 435 million euros from 203 million in the previous month. The negative flow in July reflects net deductions of 163... billion euros while credit to insurance corporations had monthly net increases of 266 million to nearly 7
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Credit contraction eases to 0.9 pct in August
EconomyMacroeconomyfurther to 187.36 billion euros from 189.2 billion in July. Moreover, the net lending flow showed net deductions of 312.7 million euros from 456.1 million in the previous month. The negative flow in August comes as a result of net deductions of 150.4 and 134.1 million in the household and corporate
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A snapshot of the Greek economy
Agoraand the monthly net flow was negative at 1.530 million, compared with a positive net flow of 1.743... 10.4 percent in the previous month and the monthly net flow was negative at 1.788 million, compared with a positive net flow of 4.752 million in December 2018. The monthly net flow of credit
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBanking. National Bank of Greece (NBG) had the strongest profitability, net profits from continued operations came to 253 million euros compared to 48 million euros for H1 2018. Alpha Bank showed net profits... net results of 32 million euros in the period compared to a loss of 58 million euros for H1 last year
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking(including the Covid-19 impairment impact of 324 million). Net profits in Q2 came to 82 million versus... million in Q2 from 187 million a year ago, an increase of 52 percent YoY. Net Interest Income (NII... coverage ratio stood at 169 percent in H1 and the net loans to deposits ratio came to 83 percent. Net
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Newsletter 271 -30/10/2020
than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200... percent respectively. More starkly, in Q2 2020, 72.9 percent of employees earned a net monthly salary.... Primary expenditure came to 34.13 billion euros. Net revenues came to 33.50 billion euros, below
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The Parable of the Populists and the Contemplatives
Agoraof new debt that they have taken on board to pay for this machine. The net worth, or wealth... accumulates over time in bigger cash assets on the balance sheet. The company’s net worth increases... net worth? (The “oil deposits” make up a great share of the net worth of the country as a whole
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Are politicians in Greece promoting reforms or social cannibalism?
AgoraInterior Minister Leonidas Grigorakos claimed in August that 10 percent of the 85,000 civil servants
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Scars for coalition, questions for SYRIZA after confidence vote
PoliticsGreek Politicsthat the government attracted 153 votes of support. Tzakri, a former deputy interior minister, was not a leading
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PASOK unites forces with Greek "Olive Tree" for EP elections but will it be enough?
PoliticsGreek Politicsstill pending for the alliance is who will head the ticket for the May elections. Former Interior
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