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  1. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    quarter of last year are priced higher than the total portfolio, stimulating the NII dynamics... wholesale funding cost impact following the total elimination of Emergency Liquidity Assistance (ELA... funding in mid-July 2018, meaning ECB funding makes up the total current sum. Management said

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  2. Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
    Image via www.piraeusbankgroup.com

    EconomyBanking

    entered into a strategic agreement with Intrum for the management of NPLs worth a total of 27... inflows, plus third party REOs. The agreement values the platform at 410 million euros. The total... by 86 million in Q1, marking a fourth consecutive quarter of declines, bringing the total to 13

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  3. Unemployment drops to 18.1 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    for those employed increased by 77,947 or a rise of 2.1 percent. Total employment reached 3.85... persons compared with March 2018 (-0.5 percent). The total inactive population now stands at 3.26... 10,649 more hirings. Total hirings came to 282,181 versus 171,286 departures. Just over 54.3 percent

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  4. Regling underlines concerns about fiscal target after voter-friendly measures

    EconomyProgramme

    between March and August 2018, which took the total of the third programme to 61.9 billion euros... the programme was agreed in 2015. Of the total funds allocated for the third programme, 7 billion euros... up to cushion it in the post-programme period. The ESM estimates the total cash resources of Greece

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  5. Travel balance falls by 4.1 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 50,700. Finally, visitors from Russia fell by 15.1 percent to 11,800. In total, arrivals... outside the EU showed an increase of 12.7 percent to 1.2 million. In total, arrivals rose by a slight 0.5..., international arrivals at Greek airports rose by 12.9 percent. In total, road and air arrivals

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  6. Greek banks maintain focus on key areas as elections approach
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    euros earlier in June and attracted bids of over 850 million euros, with a total of 135 investors... in the international debt capital markets with the aim of increasing Piraeus Bank’s total capital... worth a total of 27 billion euro via a special purpose vehicle. Intrum and Piraeus agreed to form

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  7. Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 74,993 or a rise of 2 percent. Total employment reached 3.89 million people. ELSTAT’s...). The total inactive population now stands at 3.22 million. The unemployment rate among women fell by 2.7..., there were 2,213 fewer hirings than departures. Total hirings came to 289,489 versus 258,082 departures

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  8. Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to 131,900. Finally, visitors from Russia increased by 10.7 percent to 26,100. In total, arrivals from the EU... from outside the EU showed an increase of 14.4 percent to 1.9 million. In total, arrivals edged... that in 2018, international arrivals at Greek airports rose by 12.9 percent. In total, road and air

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  9. Preventative medicine, support for vulnerable form backbone of ND healthcare package
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    spending outpaced the country’s growth rate, with total expenditure on health rising from 14.7... was reined in considerably in the years following 2009. According to Eurostat, total expenditure... the total drug spend down to 3.8 billion. These spending cuts came at a price to the public. A study

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  10. ND moves on to next bill after first round of tax cuts approved
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    more than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax relief will be 22 million euros out of a total 465 million euros. He argued that 67 percent of the total reduction would be enjoyed by those owning properties worth less than 200,000 euros. Staikouras

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