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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankinginvestors and legal entities 68 percent, while the remaining 6 percent or so is held by individuals... with an exposure above 1 million euros or any exposure in arrears. Furthermore, considering the SSM
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Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
Economy0.4 percent of total) owe more than 1 million each for a total amount of 3.76 billion euros, which... reaching 6 billion from 5.47 billion in the previous quarter. As it was also evident in the previous
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Greek stocks fall 1.5 pct, banks underperform for third straight week
Economyby gains of 6 percent in the succeeding three sessions. Overall, Greek bank shares have lost 10.6... to increase Piraeus Common Equity Tier 1 (CET1) ratio by 5 basis points (bps). Titan said on Tuesday
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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyturnover in pharmaceutical products and cosmetics as well as in food, beverages and tobacco fell by 6 and 5... respectively. It is worth noting that the seasonally adjusted retail sales and volume rebounded MoM by 1
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H1 exports show notable fall in many sectors but agricultural products buck trend
Economy, exports of agricultural products rose by 6 percent to 2.74 billion euros. Their share to total exports... and food and live animals slipped 0.7 percent. The breakdown by region displayed a modest drop of 1
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Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
EconomyMacroeconomyquarters. At the same time, the number of ‘long-term’ (more than 1 year) jobless decreased... were looking exclusively for a full-time job. Moreover, 6 percent of unemployed did not accept a job
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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingthat capital increase, the bank’s phased-in Common Equity Tier 1 (CET1) ratio reached 17.64 percent...) that was due to be held on September 6 to elect new BoD members was postponed, following a request
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Current account surplus falls to 1.4 bln in July
EconomyMacroeconomyby 6 percent, while those excluding oil remained almost stable. The continued drop in the services... arrivals by 1 percent. Financial account The financial account under direct investment increased by 93
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Industrial production down 0.3 pct in Aug for first fall since Mar
EconomyMacroeconomyfor just 6 percent of the IPI. On the flipside, manufacturing production, which holds the lion’s share... adjusted IPI in August edged up 0.4 percent from the previous month after a drop of 1 percent posted
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Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln
EconomyMacroeconomy) owe more than 1 million each for a total amount of 3.85 billion, which corresponds to 22.7 percent... 6,300 QoQ to 153,666 at the end of September. The total settled amount increased to 6.29 billion from 6
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