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  1. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    of 416 million on 486 million of total Q1 provisions. Core pre-provision income (PPI) fell by 6 percent... percent of their clients are estimated to be highly affected by Covid 19. The bank’s total exposure... interest rate payments. Capital The CET1 ratio stands at 15.5 percent, absorbing total anticipated Covid-19

    12%
  2. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    million euros versus 363 million euros in Q4 2019. A total of 1.5 billion in new loans were disbursed... was 13.2 percent and total capital ratio at 15.2 percent. Management noted that the loss making result... for the reduction of the capital ratios. The fully loaded CET1 and total capital ratio stood at 10.8

    12%
  3. Car sales drop by 49.1 pct in May and 34.9 pct in first 5 months
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the month came to 11,723 compared to 23,010 in May last year. Out of the total, passenger car... of the total car sales in May. Over half of all passenger cars sold were registered in the Attica... to May, a total of 63,168 vehicle sales were noted. Out of the total, 30,777 were new vehicles

    12%
  4. Newsletter 253 -12/06/2020

    Newsletters

    by 14:30 local time with total offers of 15.75 billion euros and price of mid swaps +160 basis points... in May last year. Out of the total, passenger car sales fell by 52.3 percent with the absolute figure standing at 9,546. Passenger cars accounted for over 80 percent of the total car sales in May

    12%
  5. Newsletter 256 -03/07/2020

    Newsletters

    . The portfolio of bad loans in question is secured against real estate assets with a total on-balance sheet..., bringing the total to 2.08 billion euros. Total debtors now stand at 3.95 million, down by 38,639... for the month increased by 508 million euros. As of March, the total for overdue debt, including both new

    12%
  6. Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
    Photo by MacroPolis

    EconomyMacroeconomy

    for the month came to 16,170 compared to 21,464 in June last year. Out of the total, passenger car... of the total car sales in June. Over half of all passenger cars sold were registered in the Attica... to June, a total of 79,338 vehicle sales were noted. Out of the total, 39,455 were new vehicles

    12%
  7. Newsletter 258 -07/17/2020

    Newsletters

    , taking the total number in Greece since the virus emerged to almost 4,000. Thursday’s numbers were.... It is estimated that the total bill for backpay could reach almost 4 billion euros, which.... The total number of pensioners entitled to compensation is roughly 2.5 million, which translates

    12%
  8. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    . Impairment charges in H1 came to 670 million euros versus 334 million a year ago. Of the total 580 million... of the group in H1 came to 14 percent, while total capital stood at 16 percent. Fully loaded CET1 and the total capital ratio stood at 11.5 percent and 13.5 percent, respectively. Pro-forma

    12%
  9. Decline in car sales continues with 14 pct YoY fall during July
    Photo by MacroPolis

    EconomyMacroeconomy

    of the total, passenger car sales fell by close to 17 percent with the absolute figure standing at 16,024... accounted for 84 percent of the total car sales in July. Over half of all passenger cars sold were... of 11.1 percent. In January to July, a total of 98,392 vehicle sales were noted. Out of the total

    12%
  10. High number of Covid-19 cases puts strain on government
    Athens Airport metro

    PoliticsGreek Politics

    health challenge for the government, but also a political one. On Sunday, a total of 284 cases were... almost 550 cases in total over the weekend, with the pattern of Athens and Thessaloniki dominating the table continuing. The total number of deaths has risen to 242, with another 31 people being

    12%