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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

    to frontload for the risk of the coronavirus outbreak related credit risk charge offs, including a charge... billion euros. This led the group NPL ratio to stand at 21.8 percent. The NPL coverage ratio stood

    7%

  2. Newsletter 253 -05/06/2020

    Newsletters

    government consumption rose by 2.3 percent QoQ and by 2 percent YoY. As mentioned, these movements led... the strongest since the depths of the credit crisis in 2015. Difficulties in resuming operations and a drop

    7%

  3. Greece's post-lockdown hubris
    Photo by MacroPolis

    Agora

    , led by Facebook, YouTube, and various messenger apps. As in most countries in the Reuters survey... of much of the foreign media, were eager to claim political credit for flattening the curve. They were

    7%

  4. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    . This led to impairment losses on loans and advances reaching 568.1 million, or 2.9 percent over net.... This was mainly due to quarterly profitability, as well as decreased Credit Risk as a result

    7%

  5. Mitsotakis seeks to reassure on foreign policy, spending plans

    PoliticsGreek Politics

    . Mitsotakis took credit for persuading the EU and the US to exert pressure on Turkey, while he... was not invited to the event. The appearance of bias in the proceedings once again led to accusations

    7%

  6. Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions

    EconomyProgramme

    commitments. The Commission gives credit to the authorities for the containment of the pandemic in the early.... EU programmes, led by the Recovery and Resilience Facility, can help to offset some of the effects

    7%

  7. NBG results show net profits of 602 mln euros in 9M
    Photo by MacroPolis

    EconomyBanking

    in Q2. This led the group NPL ratio to stand at 20.4 percent. The NPL coverage ratio stood at 81... continued to support its new and existing clients through the pandemic. New credit extended

    7%

  8. EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021

    EconomyMacroeconomy

    more than 67 pct of the retail turnover. The recovery will be led by private consumption as retail... guarantee schemes have improved credit growth to businesses. In the Finance Ministry’s official

    7%

  9. Politicians have commissioned, and largely ignored, multiple reports on wildfires

    Society

    of the conditions that led to the eruption of the fires, which were preceded by a record heatwave... of the evacuation alert system which they implemented in 2019, which they credit with saving human

    7%

  10. Newsletter 321 - 17/12/2021

    Newsletters

    the development, with reporting led by the view that uncertainty around Greek bonds has now been lifted... the main requirements by credit rating agencies for upgrades. In May and in November, Moody’s and S&P

    7%