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  1. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    Phoenix in the Hellenic Asset Protection Scheme to the value of 1 billion euros. NBG’s domestic NPE... is valued around 5 billion euros with 1 billion of this relating to mortgages. NBG noted that it had

    11%

  2. Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
    Photo by MacroPolis

    EconomyMacroeconomy

    , staying below the 1 million mark for a ninth consecutive quarter. The figure for those unemployed... than 1 year) fell by 16,500 in Q2 compared to Q1 and came to 508.800. Out of the total, long-term

    11%

  3. Microsoft deal welcomed as Greece vies for more foreign investments
    Photo via https://flic.kr/p/2dqKrWG

    EconomyFeatures

    benefits of around 1 billion euros. According to reports, the initial investment from Microsoft will be around 500 million euros, while the project's total footprint could reach 1 billion euros

    11%

  4. Newsletter 268 -09/10/2020

    Newsletters

    be jailed for between 5 and 10 years, which can be reduced to between 1 and 5 years or even suspended... will be just above 1 pct of GDP at 2.08 billion, recovering impressively from the 9.72 billion euros

    11%

  5. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to its longer-term view of the Greek economy of growth 1 pct. Unemployment is seen rising just short... to 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year

    11%

  6. Newsletter 269 -16/10/2020

    Newsletters

    1 pct. Unemployment is seen rising just short of 20 pct, from 17.3 pct in 2019, and partially..., towards a more stable path in the 2022 to 2025 with a deficit of 1 to 15 pct of GDP. The primary

    11%

  7. It's the hope that kills you
    Athens Airport metro

    Agora

    on June 1 was five and by the start of July it was 17. In mid-July, when the tourism season was declared fully open, the daily cases moving average was just 41. The total number of deaths by June 1

    11%

  8. Greece persistently bottom of the list for EU gender equality
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    gender equality. The Index uses a scale of 1 to 100, where 1 represents total inequality and 100

    11%

  9. Newsletter 274 -20/11/2020

    Newsletters

    . The flagship reform was the new insolvency regime that will be effective from January 1 and in the view...). An increase of less than 1 million was seen in BoG loans. Declines were seen in repos (-484.8

    11%

  10. Alpha Bank Q3 results reflect net profits of 43.8 mln
    Photo by MacroPolis

    EconomyBanking

    to trend lower as the bank anticipates to benefit from a -1 percent interest rate, assuming fulfilment... (LCR) increased to 118.3 percent. Capital At the end of September, the Common Equity Tier 1 (CET1

    11%