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  1. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    exposure (NPE) stock declined for a twelfth continuous quarter, falling by 1.1 billion euros QoQ... euros. The bank has set a target to reduce their NPE pile by 11.1 billion euros to 4.3 billion up

    8%
  2. PBO sees fiscal target being reached despite expansionary measures
    Photo by MacroPolis

    EconomyProgramme

    at 1.1 percent of GDP, which confirm that Greece is capable of reaching and maintaining high... to announce a set of expansionary measures before the European Parliament elections without setting

    8%
  3. Newsletter 208 -31/05/2019

    Newsletters

    highest overall fiscal performance with a total surplus at 1.1 percent of GDP, which confirm that Greece... of GDP for this year, which allowed the Greek government to announce a set of expansionary measures

    8%
  4. Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
    Image via www.piraeusbankgroup.com

    EconomyBanking

    purchase price for Ιntrum’s acquisition of the majority share of the platform has been set at 328... of between 1.1 to 1.2 billion euros due to the difference between the book value of the loans

    8%
  5. EC warns budget not on track due to handouts, advises against further underspend
    Photo by MacroPolis

    EconomyProgramme

    ceilings have been set artificially high. More specifically, out of the 2.48 billion euros... the package at a cost of 1.1 to 1.4 percent of GDP, essentially double the Greek estimates. The gap stems

    8%
  6. Newsletter 211 -21/06/2019

    Newsletters

    for Parliament. Given that the centre-right party is set to double the number of MPs it elects, if opinion polls... and quarrying increased by 1.1 percent. Industrial turnover in the domestic market increased by 18.2 percent

    8%
  7. Newsletter 212 -28/06/2019

    Newsletters

    , and their activities in the next 40 days will set the stage for the rest of the year. The remaining three systemic... to June 2018, the ESI has fallen by 1.1 points. Consumer confidence improved by 1.7 points month

    8%
  8. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    percent in the same period last year. Domestic customer deposits rose by around 1.1 billion QoQ... confident for our performance going forward, identifying areas in which we can outperform targets set,” he

    8%
  9. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    the end of 2015, NPE reduction has reached 8.6 billion euros. The bank has set a target to reduce...) formation dropped by 1.1 billion in Q2 to bring NPL stock to 9.1 billion. This led the group NPL ratio

    8%
  10. Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
    Finance Ministry

    EconomyMacroeconomy

    . At the moment, 138 million euros has been set aside for businesses, which could receive... price estimates have been substantially revised since April when they stood at 1.1 percent in 2019

    8%