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  1. Alpha Bank posts net loss of 10.9 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    at 1.53 percent on gross loans. Other impairment losses registered at 9 million in Q1 2020. Balance Sheet.... This was mainly due to the anticipated annual phasing-in of IFRS 9 and Basel III amortisation, which manifests

    8%

  2. Hirings balance positive by almost 70,000 in July, reflecting late summer season openings
    Photo by MacroPolis

    EconomyMacroeconomy

    work came to circa 52 percent. During the month, part-time and shift work made up 39 percent and 9... to 50.6 percent, compared to 39.6 percent for part-time work and roughly 9 percent for shift work

    8%

  3. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    that GDP movement was largely driven by gross capital formation dropping by 9 percent while gross fixed... that the drop in GDP was revised to 9 percent instead of 9.7 percent in the spring forecast. A recovery

    8%

  4. Newsletter 266 -18/09/2020

    Newsletters

    estimates for 9 pct recession this year and 6 pct growth in 2021, which suggests that Greece... the 9 pct drop observed in the rest of the eurozone. In the adverse scenario, which would involve

    8%

  5. Disposable income falls by 11.8 pct YoY in Q2, final consumption down by 12.7 pct

    EconomyMacroeconomy

    and current taxes on income fell by 9 percent. The figures showed that employees’ total remuneration... and wealth fell by 9 percent and came to 2.85 billion. As mentioned, social security contributions

    8%

  6. Economic sentiment up to 92.3 in October, consumer confidence drops for fourth consecutive month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    months now. Industry confidence showed an improvement and rose by 9 points month-on-month to stand at -9

    8%

  7. In negative territory for 12 straight months, industrial production drops by 2.4 pct in Sept
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    an improvement and rose by 9 points month-on-month to stand at -9 points. Year-on-year, industry

    8%

  8. Newsletter 273 -13/11/2020

    Newsletters

    showed that almost 9 in 10 Covid-dedicated intensive care beds in the major cities of northern Greece..., with the economy contracting by 9 pct, however the agency anticipates a strong recovery in 2021 and even

    8%

  9. Newsletter 274 -20/11/2020

    Newsletters

    by 9 pct this year and recovering by 5 pct in 2021. It is noted though that the cut-off date for those... in manufacturing by 9.2 percent. On the other hand, the index in mining and quarrying rose by 9 percent

    8%

  10. Athens poised for new round of talks with Turkey
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Dendias’s visit there on Monday, March 9. Athens was annoyed by Egypt’s intention to recognise.... Following his meeting with his Egyptian counterpart on March 9, Dendias said that the issue

    8%