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  1. Current account deficit at 624.1 mln in October as goods balance worsens
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    and was mainly driven by an expansion in the deficit of the balance of goods by 511.8 million.... The widening of the deficit stems mainly from the deficit of the oil balance, which grew by 73 percent... in their liabilities for the month was mainly due to a 479-million euro rise in non-residents' holdings of Greek

    2%

  2. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    discontinued operations of 68.5 million euros, booked in Q2 2017, mainly related to the recycling of FX... 300 million euros. Management noted that this stemmed mainly from improving restructuring trends.... The decline was achieved mainly by interbank repos of 2.9 billion, securities’ maturities and disposals

    2%

  3. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year-on-year. According to the BoG, the improvement in the balance of goods stems mainly from... million euros, mainly driven by lower net services and travel receipts. Travel receipts rose by 28.2... was mainly due to a 811-million-euro decline in non-residents' holdings of Greek government bonds and T

    2%

  4. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    are collateralised mainly against real estate. The sale is scheduled for the summer with an aim... was achieved mainly by interbank repos of 2.7 billion, securities’ maturities and disposals of 400 million... percent following an aggregate impact of +212 bps driven mainly by strong PPI generation, while under

    2%

  5. April current account deficit at 1.34 bln as goods deficit grows
    Image via www.moh.gr

    EconomyMacroeconomy

    . The services balance fell by 20.8 percent and came to just under 505.6 million euros, mainly driven by lower... in all main subcategories. The goods deficit was driven mainly by a higher net oil import bill, while... and T-bills. A net increase in their liabilities for the month was mainly due to a 771-million-euro

    2%

  6. CPI up by 0.9 pct in July to mark fourth consecutive rise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    transport (+3.4 percent) due to a rise mainly in the price of petrol and diesel, and communication...). The month-on-month drop of 1.8 percent is attributed mainly to the decrease by 25.7 percent in clothing... period, and transport (-0.9 percent) mainly due to lower flight ticket prices. Minor rises below 0.5

    2%

  7. July current account shows surplus of 1.58 bln as tourism drives services surplus
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    , and resulting in almost no change overall in percentage terms. July’s headline figure was driven mainly... to 2.19 billion from 1.67 billion a year ago. The deepening of the deficit was mainly driven... in holdings of foreign bonds and T-bills. A net decrease in liabilities for the month was mainly due

    2%

  8. August current account shows surplus of 1.56 bln as deficit in primary income account grows
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    headline figure was driven mainly by a deterioration in the primary income account, BoG said, which... million from 52.4 million a year ago. The deepening of the deficit was mainly driven by the deficit... in holdings of foreign bonds and T-bills. A net decrease in liabilities for the month was mainly due

    2%

  9. September current account surplus at 550.8 mln as goods deficit increases
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The month’s headline figure was driven mainly by a deterioration in the balance of goods. The deficit... to a surplus of 227.9 million. The deepening of the deficit was mainly driven by the deficit of the balance... of foreign bonds and T-bills. A net increase in liabilities for the month was mainly due to a 1.2 billion

    2%

  10. Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
    Image via www.alpha.gr

    EconomyBanking

    . The bank said that the agreed sale price for the portfolio, which is secured mainly by property... interest income (NII) fell by 3.4 percent QoQ to 426.6 million in Q3. This mainly stems from lower... by around 6 billion euros. The reduction in Q3 was mainly achieved through deposit inflows in Greece

    2%