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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBanking. It is worth noting that mortgages had the highest cure rate of 3.3 percent, while business loans had
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Featuresfrom a rise in the expenditure per overnight stay by 3.3 percent from 67.70 euros to 69.90 euros
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Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
EconomyMacroeconomyby 3.3 percent YoY and stood at 1.12 billion euros in May. For euro-denominated countries, receipts
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Disposable income rises by 4.9 pct YoY in Q1, final consumption up by 0.2 pct
EconomyMacroeconomytotalling around 13.6 percent. Property income rose by 3.3 percent YoY to reach 974 million. Since 2012
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankinghas declined by 3.3 billion euros. Management noted that NPE stock fell by 1.2 billion in H1
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBanking. On an annual basis the reduction came to 3.3 billion euros. Management noted that the continuing falls
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyand services rose by 3.3 percent. The YoY GDP growth was primarily driven by a 1.1 percent rise in gross
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Newsletter 218 -06/09/2019
rose by 3.3 percent. Household consumption fell by 0.4 percent QoQ after a rise of 0.1 percent in Q1
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomyand 3.3 percent next year. This is a slight deterioration from the 2.7 percent and 2.6 percent
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomyforecasts that the primary surplus this year will be marginally below the target at 3.3 percent
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