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  1. Current account surplus narrows to 1.82 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    imports. The decline in the services balance primarily reflects lower net travel receipts, while net transport receipts improved from last year mostly due to a rise in the air transport balance... that the deterioration in the primary income balance is mainly due to higher net interest, dividend and profit

    4%

  2. Newsletter 93 - 21/10/2016

    Newsletters

    was positive in September, with net hirings standing at 7,788 from net departures of 13,003 last year... contributor to the September net hirings figure was education, largely reflecting the start of the school year, while the biggest net departures were posted in food services and accommodation

    4%

  3. Stocks climb 4.8 pct on increased optimism about deal with institutions
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    net profits to 1.4 million from 9 million in 2015, while turnover fell by 23 percent to 27 million... to 222.4 million, while net profits were reduced by 28 percent to 34.2 million. OPAP reported a drop of 19.2 percent in 2016 net profits to 170.2 million, with gross gaming revenues marginally down

    4%

  4. Current account surplus at 1.57 billion in July, pushed by services balance
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    by lower net interest, dividend and profit payments and higher net receipts under other primary... account Residents’ net external assets rose by 121 million euros, while liabilities under direct... the period. The portfolio investment reflected a net decrease in residents’ external assets

    4%

  5. Credit contraction eases to 0.8 pct in Sept
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    balance falling to 186.98 billion euros from 187.36 billion in August. Moreover, the net lending flow showed net deductions of 7.6 million euros from 312.7 million in the previous month. September’s figure stems from net deductions of 141.8 million in the household lending sector, which were partially

    4%

  6. Credit contraction deepens slightly to 0.9 pct in October

    EconomyMacroeconomy

    billion euros in September. Moreover, the net lending flow showed net deductions of 613.6 million... originates from net deductions of 156.2 million in the household lending sector, along with a negative... at 82.62 billion euros. Credit to insurance corporations reflected a monthly net decrease of 276.4

    4%

  7. February current account deficit at 1.29 bln as underlying balances worsen
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    and came to 251 million euros, mainly driven by lower net services and travel receipts. Travel receipts... billion, resulting in a deficit. Financial account Residents’ net external assets rose by 13 million euros, while net external liabilities rose by 234 million. Portfolio investment showed a net increase

    4%

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

    EconomyMacroeconomy

    million euros, mainly driven by lower net services and travel receipts. Travel receipts rose by 28.2... Residents’ net external assets rose by 39 million euros, while net external liabilities rose by 439... a net increase in residents’ external assets which stems largely from an increase of 132 million

    4%

  9. Fears and reassurances over PPC's dire finances
    Image via www.dei.gr

    EconomyFeatures

    After a disastrous set of full-year results for 2018, which showed net losses of over half... units, the net loss came closer to one billion euros. Criticism has come flying from all sides... government inherited PPC, it had net profits of 90 million euros and capitalisation of 2 billion euros

    4%

  10. Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
    Photo by MacroPolis

    EconomyBanking

    down also of 160 million euros. Adjusted for one-offs, Eurobank said it made a net profit of 544.... On a quarterly basis, the bank recorded a net loss of 131.4 million euros in the fourth quarter (Q4) of 2020 compared to net profits of 84.7 million euros in Q3. Core pre-provision income (PPI) rose by 1.6

    4%