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  1. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    reported that across the last 12 months, NPE reduction has come to 5.5 billion euros, and the bank.... Gross loans edged up by 1 percent QoQ to 53.1 billion in Q4, falling by 12 percent YoY. New loan

    6%

  2. Extending Brexit: Reaching the Larry David moment of the saga

    Agora

    been postponed once for the April 12 or the May 22. On Wednesday, EU leaders and Theresa May decided... of a no deal on March 29 and April 12, however, recently made the two main parties to sit around

    6%

  3. Budget primary surplus at 1.46 bln in Mar, beating target by 2.42 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros. Net revenues came to 12 billion euros, above target by 1.35 billion euros. The monthly primary...-month figure shows a decline of 14.7 percent. Overall, net revenues amounted to 12 billion euros

    6%

  4. Newsletter 203 -15/04/2019

    Newsletters

    . Eurosystem funding falls by 625 mln in Mar Banknotes in circulation rise by 12 mln The composition... million in ELA funding. The BoG figures also revealed that banknotes in circulation rose by 12

    6%

  5. CPI rises by 1 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    completed 12 consecutive months of increases. Prices rose throughout 2018 excluding two negative figures in January and March. The average CPI for the rolling 12 months since May 2018 rose by 0.9

    6%

  6. Consumer confidence hits 19-year high, ESI highest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    confidence improved strongly by 12 points month-on-month and came to -8.2 in August, representing... difference of 12 points which manifested in the month following the defeat of the party in the July 2019

    6%

  7. Industrial production rises by 1.2 percent in Sept
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    non-durables (+12 percent) followed by consumer durables (+11.7 percent), capital goods (+3.5... were noted in the mining and quarrying production index (-12 percent) and the electricity supply

    6%

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

    EconomyBanking

    . Pre-provision income (PPI) rose by 12 percent quarter-on-quarter (QoQ) to 210 million. When excluding... the September 2015 peak, NPEs have fallen by 12 billion euros. Management noted that it has concluded the sale

    6%

  9. Ankara tension tops govt agenda, overshadowing social dividend and primary residences
    Photo by MacroPolis

    PoliticsGreek Politics

    12 months) and an annual income of less than 15,000 euros, families where both parents have been unemployed for less than 12 months and whose annual income is below 15,000 euros and families

    6%

  10. Greek banks eye positive market appetite for bad loan sales
    Photo via www.helex.com

    EconomyBanking

    44 percent in 2019. Hercules offers up to 12 billion in state guarantees for the senior tranches... a mixed portfolio, which carries a total gross book value of 12 billion euros. Up to 3.7 billion euros

    6%