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  1. Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    sector was 884 euros in 2016 compared to 1,054 euros in 2008. In the public sector, despite falling

    16%

  2. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

    16%

  3. Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB

    EconomyBanking

    provisions recorded in Q3. The non-performing loan (NPL) ratio reached 36.5 percent in Q3 with the NPL formation increasing to 520 million in Q3 from 485 million in Q2. At the same time, NPL coverage rose... in Q1. The NPL ratio edged up to 34.3 percent in Q2 from 34 percent in Q1, while the NPL formation

    15%

  4. Newsletter 88 - 16/09/2016

    Newsletters

    by almost 16 billion euros since the end of May. 2 A market for NPL resolution Out-of-the-box thinking... underline that they are finally engaging head on with NPE portfolios and non-performing loan (NPL... of many international investors looking at NPL management is on the recovery potential

    15%

  5. Government tries to contain fallout from breach of voters' data

    PoliticsGreek Politics

    given the ongoing investigation into a potential data breach at the Interior Ministry. The MEP... Data Protection Authority, the Interior Ministry and a public prosecutor. It was also announced on Friday that Interior Ministry general secretary Michalis Stavrianoudakis and New Democracy’s secretary

    15%

  6. Investigations into voter email leak continue despite denials from government

    PoliticsGreek Politics

    of separate investigations by the Interior Ministry, a Greek prosecutor and the country’s Data...-Michelle Asimakopoulou from the upcoming EP elections and the resignation of a senior Interior... that the email list was leaked from the Interior Ministry during the tenure of the caretaker

    15%

  7. Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
    Photo by MacroPolis

    EconomyBanking

    loan (NPL) formation remained negative for the fourth straight quarter with the Q4 figure increasing to -450 million from -335 million in Q3. In the Greek market, NPL formation stood at -492 million..., the NPL stock declined further by more than 1 billion QoQ to 24.38 billion in Q4 from 25.35

    15%

  8. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    percent in the previous quarter. Non-performing loan (NPL) formation also turned positive at 423 million... quarter. NPL formation in mortgages and consumer loans stood at 89 and 28 million, respectively, improving from a negative figure in both sectors during previous quarters. However, NPL stock declined

    15%

  9. Value of HFSF participation in Greek banks falls to 17 billion
    Photo by MacroPolis

    EconomyBanking

    of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative

    14%

  10. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services

    14%