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  1. ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    peaked to 91 billion euros. Although the ELA ceiling has been cut by 44.4 billion since... reports indicating that the negative deposit flow has reached around 4 billion year to date

    2%

  2. Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln

    EconomyMacroeconomy

    months, the corporate sector has posted cumulative marginal net deductions of 10 million, while... stock by 24.7 percent. The biggest nosedive during this six-year period has been posted in consumer

    2%

  3. Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    percent in the previous quarter. The breakdown showed the small business loan (SBL) sector has... in staff costs by 3.5 percent. It is worth noting that the number of employees has been reduced

    2%

  4. Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of December 2016. Over the last 12 months, the outstanding tax debt has increased by 8.6 percent... obligations. The amount of tax debt that has been settled stands at 5.04 billion corresponding to just

    2%

  5. Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in January. This is a new record low since 2004, which is from when date has been available. Over the last 12 months, the unemployment rate has been reduced by 0.8 percentage points (pp), reflecting

    2%

  6. IMF downgrades Greek GDP and unemployment forecasts
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    of Greece (BoG) has a slightly lower estimate of 2.5 percent, while the OECD foresees a much slower growth... is due on April 18. The Fund has already written about Greece that its “primary balance estimates

    2%

  7. HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
    Photo by Giannis Papanikos/Fosphotos

    Economy

    of 70 percent on OLP’s closing price at that time. It is pointed out that OLTH’s share price has gained 16.9 percent in the year to date outperforming the Athens Stock Exchange general index, which has

    2%

  8. Overdue social security contributions climb to 22.5 bln at end of Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    period a year ago, the Q1 figure has increased by 12.3 percent. It is noted that revenue collection..., largely due to strong performance in the last quarter of the year. Overall, KEAO has collected

    2%

  9. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    . The bank said that it has so far created a buffer of around 700 million euros versus the Single... the end-2019 NPE target of 13.1 billion, NBG has to reduce its NPE stock by another 5.4 billion with efforts

    2%

  10. Apartment prices decrease at a sharper pace by 1.8 pct in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2008, the index has recorded a fall of 42.2 percent. Apartment prices remain persistently... controls pushing housing transactions to extremely low levels. The housing loan balance has contracted

    2%