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  1. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2

    14%

  2. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    lower by 163 mln QoQ to 36.7 billion, while has recorded a cumulative drop of 1.1 billion over.... On the P&L front, core operating income improved by 1.1 percent QoQ to 570 million euros, reflecting... retirement scheme. Loan impairments decreased by 9 percent QoQ to 242 million with the cost of risk

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  3. EastMed, defence and energy dominate Pompeo's visit, leaving Athens satisfied
    Photo via www.primeminister.gr

    PoliticsForeign Policy

    is especially important as Russia continues to destabilise the region, especially in Libya,” Pompeo.... It is a unit where LNG will be regassified at the same time as the port is being privatized. The port of nearby

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  4. Athens hopes strengthening of US ties brings geopolitical benefits
    Image: https://www.flickr.com/photos/greecemfa

    PoliticsForeign Policy

    it with US LNG, but also a frontline country, since the starting point of the Vertical Corridor to Eastern... is currently talking with both sides in Libya; very recently he held talks in Turkey and has also met

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  5. Newsletter 338 - 20/05/2022

    Newsletters

    for liquefied natural gas (LNG), and set out his own political ideology, warning against the threat posed... natural gas installations in Greece, in order to become the main gateway that will supply LNG from the US..., coming short only by a marginal 2.4 pct. April had 1.4 million in international traffic, which is 1.1 pct

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  6. Building activity up by 12.6 pct in November, permits remain above 1,000

    EconomyMacroeconomy

    in the growth rate. In absolute terms, the highest number of permits was issued in Attica (242 permits... in apartment prices year-on-year in the third quarter of 2017. This followed a drop of 1.1 percent in Q2

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  7. NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
    Photo by MacroPolis

    EconomyBanking

    in corporate loans, followed by small business loans dropping by 242 million euros. Mortgage NPE...) dropped by 1.1 billion euros and stood at 8 billion. This led the group NPL ratio to stand at 24.4

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  8. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    (YoY). Asset quality NPEs fell by around 1.1 billion euros in Q3, taking the stock to 25.7 billion... into negative territory. The Net Interest Margin (ΝΙΜ) in Q3 came to 242 bps versus 245 bps in Q2. Net

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  9. Newsletter 281 -22/01/2021

    Newsletters

    by 69.4 percent to 1.1 million. Overall, arrivals from the EU 27 countries fell by 73.5 percent and came... of 988 million euros compared to a deficit of 242 million last year. The overall cash balance came

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  10. Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
    Image: https://flic.kr/p/2nYAi5M

    PoliticsForeign Policy

    and the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya

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