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OECD report traces change in public spending over a decade
EconomyFeaturesthan sub-central or social security. E-procurement In a positive development, the survey found
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingis largely attributed to the higher than usual fees from credit cards recorded in Q1 2018. Recurring
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Newsletter 229 -22/11/2019
euros, higher than the target by 2.02 billion euros or 4.5 percent. The MoF noted that the increase
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBanking. “The prospect of delivering on our Business Plan targets sooner than promised is gaining ground,” he said
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingPiraeus Bank’s third quarter (Q3) figures revealed net results from continued operations showing a profit of 44 million euros compared to a net profit of 20 million in Q2 2019. This marks a fifth consecutive quarter where net results have landed on a profit rather than loss. Net results overall
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Focus shifts to DSA, fiscal targets after IMF loan prepayment
EconomyProgrammedue to the IMF stood in excess of 2 billion euros and was significantly higher than the 1.37
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PM aims to maintain pace of economic reforms as public worries about migration
PoliticsGreek Politicsgovernment will have passed more than 30 bills by the end of the year, reflecting the higher level
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ND and SYRIZA set aside social dividend talk to focus on internal issues
PoliticsGreek Politicssurplus is seen at more than 400 million euros, the government may have only around 100 million
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Speculation about snap elections in 2020 refuses to die down
PoliticsGreek Politicshimself re-elected as party leader but this time by SYRIZA members rather than delegates. Some also
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Eurogroup approves SMP and ANFA profit release, decision on investment use postponed
EconomyProgrammethe use of the SMP and ANFA profits towards investment spending rather than debt servicing, for which
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