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  1. 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%

  2. October current account deficit at 871.3 mln as goods balance worsens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -on-year (YoY), the deficit has grown by 82.2 million. The month’s headline figure was driven mainly... for the same period last year came to a deficit of 561.2 million. The deepening of the deficit was mainly... was mainly due to a decline of 950 million euros in non-residents' holdings of Greek government bonds

    2%

  3. November current account deficit at 1.41 bln as import value outstrips exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    (YoY), the deficit has grown by 291.7 million. The month’s headline figure was driven mainly... of the deficit was mainly driven by the deficit of the balance of goods worsening by another 2.47 billion... decrease in external liabilities for the month was mainly due to a decline of 794 million euros in non

    2%

  4. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    billion euros. The reduction in 2018 was mainly achieved through deposit inflows in Greece of 3.4... inflows were mainly offset by a decrease in business and state deposits. Gross loans came to 52.5... mainly to the negative pre-tax result for the period, along with lower investment securities portfolio

    2%

  5. Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year

    EconomyBanking

    credit card usage mainly due to tourism, a pick-up of new loan disbursements and a higher contribution... percent, mainly stemming from provisions in the retail segment as well as individually assessed... billion euros QoQ to 4.1 billion euros. The funding is supported mainly by the increase of the bank’s ECB

    2%

  6. Budget primary surplus confirmed at 831 mln in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    that the movements in expenditure against the target were mainly due to the under-execution... compared to the relevant period last year by 305 million euros. This was mainly due to lower additional... and lower social benefits by 158 million euros, mainly due to the fact that Social Solidarity Income

    2%

  7. Budget primary balance confirmed at deficit of 6.10 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    the monthly target. MoF noted that this decrease was mainly due to the adoption of tax relief measures... mainly due to the expenditure of the special purpose compensation of about 998 million euros due... increased PIB outflows by 1.93 million euros mainly due to the expenditure of the special purpose

    2%

  8. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    of the decrease was mainly due to the adoption of tax relief measures such as the suspension of VAT... that the movements in expenditure against the target were mainly due to the expenditure of the special... and Social Affairs. In addition, there were increased PIB outflows by 2.29 billion euros mainly due

    2%

  9. Budget primary shows deficit of 7.01 bln as revenues suffer in September

    EconomyMacroeconomy

    , was mainly due to the reduction in economic activity due to the pandemic, the impact of measures taken... the target by 5 billion. The MoF said that the movements in expenditure against the target were mainly... mainly due to the expenditure of the special purpose compensation to firms and self-employed

    2%

  10. Budget primary shows deficit of 7.01 bln in September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The MoF said that the significant reduction of revenues, despite the increased PIB revenues, was mainly... in expenditure against the target were mainly due to the expenditure of the special purpose compensation... increased by 2.42 billion euros mainly due to the expenditure of the special purpose compensation

    2%