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NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingnegative formation of 3 million euros in mortgages was also noted. With the results of Q2, the bank has
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Fiscal matters expected to dominate talks as lenders return for post-MoU check
EconomyProgrammeon Tuesday. The whole visit is due to be wrapped up by Friday. As part of its post-MoU framework, it has
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CPI rises by 1 pct in August, staying positive for fifth month
EconomyMacroeconomythat the figure has landed at 1 percent. The average CPI for the latest 12-months since August 2017 remained
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Building permits rise by 16.2 pct in June and 7.5 pct in first half of year
EconomyMacroeconomyhas remained subdued in recent years as both private and public construction projects were halted
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Turnover in services sector improves in Q2 2018
EconomyMacroeconomyis the lowest reading since January. Year to date, service confidence has dropped by 1.5 points.
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Credit contraction stays at 1.5 pct in August, balance reaches 177.44 bln
EconomyMacroeconomyin July, which took the balance to 20.79 billion. The Greek market has been experiencing a contraction
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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBankingthat sales had overtaken write-offs as the main method of NPL reduction. Other factors It has been noted
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Athens believes name deal still alive, waits for move from Zaev
PoliticsForeign PolicyThe next 10 days or so will determine whether Former Yugoslav Republic of Macedonia (FYROM) Prime Minister Zoran Zaev will be able to win the necessary support to reach an agreement with the conservative opposition on the constitutional changes which Parliament has to approve as part of the Prespes
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Trade deficit grows by 15.1 pct in August and falls by 1.8 pct in 8-month period
EconomyMacroeconomyconsecutive months during which the deficit has grown. Imports continued to outpace exports in absolute
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Migration troubles move up political agenda as probe into use of fund is launched
PoliticsGreek PoliticsThe government’s handling of island hot spots is set to come under further scrutiny after it was revealed on Monday that the Supreme Court will investigate corruption allegations made by an outgoing official. Greek media reported that Supreme Court prosecutor Xeni Dimitriou has asked for claims
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