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  1. IFRS 9 provisions required by banks in line with expectations

    EconomyBanking

    is 1.1 billion euros net of tax, Eurobank announced with its full-year 2017 results that the impact... for NBG. The total impact on capital adequacy is seen at 230 bps for Alpha, 290 bps for Eurobank, while

    5%

  2. Greek families shell out for education as state system falls short
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    financial transfers by 33 percent. But spending on cram schools fell by only 1.1 percent, and private tutoring by 0.7 percent. According to the study, total expenditure on education in 2015 came to 8.8

    5%

  3. Travel surplus rises by 48.2 pct in March as receipts increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent, while those from the US went down by 9.1 percent. In total, arrivals from the EU 28..., arrivals from the EU 28 countries rose by 12 percent and came to 1.1 million. Arrivals from euro

    5%

  4. Unemployment rate edges up to 20.2 pct in April as number of employed dips
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    persons month-on-month, representing a decline of 1.1 percent. Compared to the same month last year, the figure for those employed has also fallen by 1,242. Total employment remained above 3.7 million

    5%

  5. Travel balance records 127 mln surplus in Q1, much improved on last year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 12 percent to 1.1 million. Within this, euro-area visitors were up by 15.8 percent to 524,300... indicators for Q1. Total receipts from cruise passengers were down by 18.3 percent to 7.5 million euros

    5%

  6. Newsletter 171 -20/07/2018

    Newsletters

    by around 87 million euros. Monthly gross revenues increased by 1.1 percent year-on-year (YoY) to 3.73... by 1.58 billion euros to 21.91 billion euros against last year’s total of 20.34 billion. Compared

    5%

  7. Are you not entertained?
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    at the corner of Europe that represents 2 percent of the total eurozone economy. The Greek government naturally... of thousands. By the time job losses bottomed down in July 2013, close to 1.1 million jobs had been

    5%

  8. Recent study issues warning over ageing population, future pension burden
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    . The Hellenic Statistical Authority (ELSTAT) statistics for 2016 showed that during the year, a total of 92,898 live births were registered, an increase of 1.1 percent compared to the previous year

    5%

  9. Athens to send draft budget to Brussels after talks with IMF on pensions

    EconomyProgramme

    budget that will be sent to the European Commission will include 1.1 billion euros of tax cuts... in September. Of this total, 766 million euros of measures will be on the expenditure side. According

    5%

  10. NBG net profits decline to 8 mln in Q3, NPLs continue to fall
    Photo by MacroPolis

    EconomyBanking

    is the outstanding principal. It encompasses 13,000 loans with collateral of 7,900 properties. The total collateral is valued by NBG at 1.1 billion euros, of which 650 million concerns commercial property

    5%