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

    EconomyBanking

    . The cost of risk stood at 2.2 percent in Q1 and management expects a lower figure between 150-200 bps... bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent

    18%

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

    EconomyMacroeconomy

    by approximately 77 pct percent to 2.2 million visitors. The average expenditure per trip fell by 44.4 percent to 310 euros, from 558 last year.

    18%

  3. GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    and services rose by 3.3 percent. The YoY GDP growth was primarily driven by a 1.1 percent rise in gross... to the same quarter in the previous year, GDP at current prices increased by 2.2 percent from a downward revised rise of 2.2 percent in Q1, remaining positive for ten consecutive quarters

    14%

  4. The arduous road of privatisation in Greece
    Photo by Harry van Versendaal

    Agora

    This week two developments at the Hellenic Republic Asset Development Fund (HRADF) made headline news. First, the Greek privatisation agency confirmed its medium-term revenue targets. The HRADF’s chief executive officer, Paschalis Bouchoris, in charge since August of this year, argued that TAIPED

    13%

  5. Athens braces for Erdogan bargaining at NATO summit
    Image: https://flic.kr/p/2nd2aCj

    PoliticsForeign Policy

    was spying for Athens. On Saturday, Turkish authorities reportedly arrested a man named Mohamed Amar

    13%

  6. Storm fallout sweeps PM to crucial juncture early in second term

    PoliticsGreek Politics

    in Thessaly as only four of the 12 Super Pumas that Greece possesses are in a condition to fly

    13%

  7. Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent, lower than the recent IMF and European Commission (EC) forecasts of 2.2 and 2.1 percent..., a stronger rise in investments by 5.9 percent and positive net exports contribution with export growth (+3.3... seen up by 2.6 percent but slowing thereafter to 2.3 percent in 2020 and to 2.2 percent in 2021

    13%

  8. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    consumption by 0.6 percent and exports by 6.3 percent. Investment is seen rising by 3.3 percent... the anticipated import rise of 3.3 percent. The unemployment rate is projected to slip by more than 1 percentage... have been downward adjusted by 2.2 percent to 48.16 billion euros in 2016, largely reflecting

    13%

  9. Of symmetry and adjustments in the eurozone

    Agora

    and at the Jakarta School of Public Policy, Indonesia, where he is also head of the Economics Concentration. He

    12%

  10. Why is Europe worrying about SYRIZA?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    and at the Jakarta School of Public Policy, Indonesia, where he is also head of the Economics

    12%