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  1. February current account deficit at 1.29 bln as underlying balances worsen
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    and came to 251 million euros, mainly driven by lower net services and travel receipts. Travel receipts... billion, resulting in a deficit. Financial account Residents’ net external assets rose by 13 million euros, while net external liabilities rose by 234 million. Portfolio investment showed a net increase

    3%
  2. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million euros, mainly driven by lower net services and travel receipts. Travel receipts rose by 28.2... Residents’ net external assets rose by 39 million euros, while net external liabilities rose by 439... a net increase in residents’ external assets which stems largely from an increase of 132 million

    3%
  3. Fears and reassurances over PPC's dire finances
    Image via www.dei.gr

    EconomyFeatures

    After a disastrous set of full-year results for 2018, which showed net losses of over half... units, the net loss came closer to one billion euros. Criticism has come flying from all sides... government inherited PPC, it had net profits of 90 million euros and capitalisation of 2 billion euros

    3%
  4. Newsletter 216 -26/07/2019

    Newsletters

    expenditure came to 21.59 billion euros. Net revenues came to 23.45 billion euros, beating... March this year, which came to 1.12 billion euros, excluding VAT. Overall, net revenues amounted.... Credit contraction stays at 0.2 pct Figures for June show balance standing at 161.16 billion The net

    3%
  5. Curr​ent account balance shows surplus of 1.87 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros, deepening from a deficit of 576.1 million euros a year ago, driven mainly by higher net... higher net payments of the other (excluding general government) sectors. Total exports in August.... Financial account Residents’ net external liabilities showed an increase of 151 million in August

    3%
  6. Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
    Photo by MacroPolis

    EconomyBanking

    down also of 160 million euros. Adjusted for one-offs, Eurobank said it made a net profit of 544.... On a quarterly basis, the bank recorded a net loss of 131.4 million euros in the fourth quarter (Q4) of 2020 compared to net profits of 84.7 million euros in Q3. Core pre-provision income (PPI) rose by 1.6

    3%
  7. Newsletter 288 - 12/03/2021

    Newsletters

    it made a net profit of 544 million euros from continuing operations last year, compared with 257 million euros in 2019. On a quarterly basis, the bank recorded a net loss of 131.4 million euros in the fourth quarter (Q4) of 2020 compared to net profits of 84.7 million euros in Q3. Core pre

    3%
  8. Newsletter 299 - 04/06/2021

    Newsletters

    in April, compared with 2.9 percent in March, Bank of Greece (BoG) figures showed. The net lending flow was negative, with a 787 million-euro net decrease in lending -- the most since January 2020... billion euros of reclassifications. The corporate lending balance's net monthly flow was negative

    3%
  9. Are politicians in Greece promoting reforms or social cannibalism?
    en_GB Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    Interior Minister Leonidas Grigorakos claimed in August that 10 percent of the 85,000 civil servants

    3%
  10. Scars for coalition, questions for SYRIZA after confidence vote
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    that the government attracted 153 votes of support. Tzakri, a former deputy interior minister, was not a leading

    3%