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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankingmillion euros bringing the stock to 32.9 billion in Q4 2017. Across the year, NPEs were reduced by 3
2% -
Ankara tension and Macedonia name talks weigh down coalition
PoliticsGreek Politicswith Tsipras, bringing down the government. The minister’s response was ambiguous although he repeated
2% -
Unemployment rate at 20.6 pct in Jan, inactive population rises
EconomyMacroeconomy, bringing the rate for this group to 7.1 percent. This was followed by the 15-24 year old age group
2% -
Athens presents growth plan outline as lenders continue to differ on debt relief
EconomyProgrammemedium- and long-term targets for Greece regarding attracting investment, reducing taxes, bringing down
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Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
PoliticsGreek Politicsthat Tsipras often visits in his speeches and is still one of the most potent tools he has in bringing his
2% -
Credit contraction at 1 pct in March, balance at 180.34 bln
EconomyMacroeconomyshowed a net monthly inflow of 164.3 million, bringing the balance to 6.81 billion euros. Loans
2% -
Pension cuts due in 2019 fuel political battle, election talk
PoliticsGreek PoliticsMitsotakis has spoken of a wider reform of the social security system, bringing in the private sector
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Athens struggles with civil service evaluation, reduction of arrears
EconomyProgrammefor reducing arrears but this will depend on Athens having made progress by then in bringing the total
2% -
Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomydrop (-2.9 pps) in unemployment came in the 25-34 year old age bracket, bringing the rate
2% -
Banks focus on defining challenge of reducing NPEs
EconomyBankingbillion across the year bringing the ratio for the group at 51.7 percent. Eurobank’s stock of NPEs
2%