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  1. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    an improvement of net interest income (NII) by 4.4 percent QoQ to 500.3 million. NII was bolstered by lower... of 25.7 percent showed the highest quarterly growth (1.1 pp), followed by business loan NPL (+0.5 pp... increase in Q2, the bank has a capital buffer of 4.4 billion under the base and 5.9 billion under

    34%
  2. Retail sales fell by 1.7 percent in June, after a short-lived rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    , stationery and other goods as well as supermarkets posted a slight rebound of 1.4 and 1.1 percent... (+4.4 percent) and supermarkets (+4.1 percent). In contrast, clothing and footwear’s sales... by 4.4 and 14.3 percent respectively. The latest retail business indicators published at the end

    34%
  3. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    euros, which implies a growth of 4.4 percent per annum in the next ten years. The breakdown of 2015... percent in 2016 and 4.4 percent per annum in the next ten year, while the latter is seen down 5.9 percent... to 817,000 in 2016 and then record an annual growth of 3 percent in the next ten years to around 1.1

    34%
  4. Current account deficit widens to 412 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    sea transport receipts. In addition, travel receipts fell 10.4 percent to 1.1 billion in May despite a rise in non-residents’ arrivals by 4.4 percent. As a result, travel surplus retreated 11.3... holdings by 4.4 billion. At the same time, the corresponding liabilities dropped modestly by 49 million

    34%
  5. Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    . The absolute figure landed at 1.1 billion in May, while the corresponding payments fell by 5.5 percent to 179.6... percent to 537 euros, while non-residents’ arrivals grew by 4.4 percent to 1.95 million. The breakdown... posted low single-digit growth rates of 4.4 and 1.9 percent respectively. In contrast, arrivals from

    34%
  6. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    successive quarter by 1.1 billion QoQ and landed at 23 billion. As a result, the NPL ratio fell..., collections and liquidations (4.4 billion) and selected sales (2 billion). P&L NII remained almost... to 40.9 billion. The bank participated in the ECB QE programme disposing bonds worth 4.4 billion (3.7

    34%
  7. Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 4.4 percent YoY and stood at 114.6 million euros in December. For euro-denominated... that visitors from Germany rose by 1.1 percent to around 38,200. Those from France increased.... On an aggregate basis, arrivals from Germany rose by 18.2 percent to 4.4 million in 2018. Visitors from

    34%
  8. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which

    33%
  9. Greeks most sceptical in EU about country's future, their voice counting in Europe
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    18 and 27 March 2017 by Kantar Public through face-to-face meetings with 1,010 citizens.

    33%
  10. SYRIZA's move to aid small parties puts spotlight on Kammenos leverage
    Photo by MacroPolis

    PoliticsGreek Politics

    ) of the European Parliament’s Directorate-General for Communication with the help of Kantar, showing

    33%