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  1. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    to 258 million, attributable to a 13 percent drop in operating expenses and offsetting a decline... percent drop in both staff and administrative expenses and benefitting from the implementation... bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent

    17%

  2. Accommodation and food services turnover collapses by 84.6 pct in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    ) in the second quarter (Q2) of the year, following a downward revised drop of 7.2 percent YoY in Q1... also marked a sharp drop of 46.3 percent QoQ. The data reflects the restrictions of mobility... collapsed by 96.9 pct YoY, after a drop of 22.1 percent YoY in Q1, led by coronavirus-related hotel

    17%

  3. Industrial turnover records its sharpest drop in six years, down 15.4 pct in July

    EconomyMacroeconomy

    a much slower fall of 5.3 percent. The accelerated drop in July primarily reflects a similar change.... Four of the five main industrial groupings posted a drop with energy strongly underperforming... percent). In contrast, three sectors posted strong growth rates, namely computer, electronic and optical

    17%

  4. Retail sales drop by 0.2 pct YoY in July as fuel leads slide
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales saw a marginal drop of 0.2 percent year-on-year (YoY) in July, after.... The corresponding volume index also experienced a decline in the form of a 2.8 percent YoY drop. Retail sales... by a strong rise of 21.1 percent YoY in 12.8 percent in sales not in stores, while supermarket sales

    17%

  5. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    in November with the 11 months figure down 7.3 percent to 39.27 billion. Furthermore, the marked drop... primary surplus at general government level at 812 million, with the 11-month state budget figure

    17%

  6. Despite payment of some arrears, total reached 4.6 bln at end of 2013

    EconomyMacroeconomy

    reach 812 million. This figure is calculated by the MoF under the EAP methodology and corresponds... billion, after a drop of 1.21 billion month on month and 4.53 billion year to date. Taking into account

    17%

  7. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ratio of 2.81. The PDMA accepted 812 million euros for an auctioned amount of 625 million. The yields... in the wake of a steady and sharp drop during December 2017 and January this year as Greece

    17%

  8. Newsletter 285 - 19/02/2021

    Newsletters

    investment budget came to 4.24 billion euros. Net revenues came to 3.85 billion euros, below target by 812... pct YoY in January Apparel and transport lead drop in index CPI has remained consistently negative

    17%

  9. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    to a 3.2 percent drop in exports and a 3.5 percent increase in imports. BoG notes that the key... is excluded, the trade balance showed an improvement since the drop in imports was higher than.... The year to date net flow widened accordingly to 5.6 billion from 310 million at the end of the first

    16%

  10. Newsletter 22 - 03/04/2015

    Newsletters

    , ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF... with a strong degree of certainty. The same goes for something like cuts to auxiliary pensions, which

    16%