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  1. Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
    Image via www.eurobank.gr

    EconomyBanking

    a decline for an eighth quarter. A minor increase of 1 million euros in NPE formations was seen... billion in June, and to 1.2 billion as of November 9, 2018. Capital The phased-in Common Equity Tier 1

    14%
  2. Newsletter 185 -30/11/2018

    Newsletters

    for cutting pension spending by 1 percent of GDP. Given that the pension cuts have now been abandoned... specifically, the level of exposures that are unlikely to pay and those in delay between 1 and 90 days

    14%
  3. A European intelligence school led by Greece and Cyprus?
    Photo by Manolis Tsafos/Fosphotos

    Agora

    of Cyprus. This project is part of a list of 17 joint projects signed within the PESCO framework[1]. PESCO...-President of the Open Diplomacy Institute (Paris, France). [1] Greece will also lead the training

    14%
  4. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    declining by 39 percent to 513 million euros. Net interest income (NII) edged down slightly by 1 percent... to stand at 8 billion. P&L NII stood at 346 million euros in Q3, down by 1 percent, and declining by 16

    14%
  5. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP grew by 1 percent quarter-on-quarter (QoQ) in the third quarter (Q3) of 2018, after an upwardly revised increase of 0.4 percent in the previous quarter... estimates that private consumption will grow by 1 percent overall this year. For next year, private

    14%
  6. Unemployment rate declines to 18.3 pct in Q3
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    -on-quarter, keeping the figure under 1 million for a second consecutive month, and coming to around...) rose slightly to 20.6 percent in Q3 from 20.3 percent in Q2. The number of long-term unemployed (over 1

    14%
  7. Budget primary surplus at 7.61 bln in November as expenditure curtailed
    Photo by MacroPolis

    EconomyMacroeconomy

    to 233 million in November, and were below target by 1 million. For the same period last year... in October. Overall in the year to date, expenditure fell by 1 percent to 42.41 billion, lower than

    14%
  8. Budget surplus overshoots 11M target due to lower primary expenditure, investment spending
    Photo by MacroPolis

    EconomyMacroeconomy

    was in a deficit of 775 million. The Finance Ministry was expecting a deficit of just above 1..., in the year to date, ordinary expenditure edged down by 1 percent to 42.41 billion, lower than

    14%
  9. General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    underlying subcategories, T-Bills edged down by 1 million to 15.28 billion (4.3 percent... to 2.38 billion euros, or less than 1 percent of the total. Guarantees The stock of gg guarantees

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  10. CPI up by 0.6 pct in Dec, matching annual average increase for 2018
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 0.6 percent in December from an increase of 1 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Friday. After several years... in clothing and footwear. This was followed by communication (+1 percent) and household equipment (+0.7

    14%