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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingthe sale of unsecured loans. This could be excelled to reach around 2 billion euros, leaving 2.2... a loss of 81 million in Q3. For the year, fee income rose by 36 percent to 240 million, largely driven... capital losses of 94 million and 36 million. Vojvodjanska and NBG Leasing (Serbia) sales were completed
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingin consumer loans. NPL formation fell in Q2 by 31 million euros, consisting of a decline of 36 million euros... market, the NPL ratio fell to 34.4 percent from 36 percent in Q2. The NPL coverage ratio fell to 68.1... of Greece’s first loan portfolio securitised against mortgages, with a gross book value of about 2
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Rise of smaller parties a barrier to decisive result in first elections
PoliticsGreek Politicsin next month’s vote, as well as a second ballot that could follow on July 2. The Pulse poll published... vote, to 11 pct. There has also been an increase of 2 points, to 38 pct, in the percentage of Greeks... threshold, the seat distribution would be 116 for ND, 93 for SYRIZA, 36 for PASOK, 23 for KKE, 18
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Bravo, Bank of Greece
Agoranow been lifted to Euro 36 billion; a big infusion of money for Greece in a short time frame. [2... the long rebound from both the Great Recession and Covid episodes.[2] The note makes forecasts for 2024... (€36 bn) are related to the EU Recovery Plan (NGEU). The rest is structural funds from the EU
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Newsletter 65 - 04/03/2016
appeared disappointed, they decided to stop this type of protest and noted they will reconsider... months. 2 Refugees and review linked Key question over EU motives for keeping Athens afloat..., and possible jihadists among them, from reaching Berlin and other capitals. This type of rhetoric has been
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Divorces in Greece increase by 74.2 pct in 2017
Societythe type of divorce, roughly seven out of ten divorces in the last decade were mutual decisions. Following this, contested divorces were the second highest type of divorce. Within this category, the most common reason for requesting a divorce was an existing separation of 2 to 4 years, followed
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Despite recent improvement, more than half of Greeks unable to afford one-week holiday
Societyby 2 percentage points over the same time period. Although the percentage of Greeks unable to go... of nights spent. The main type of accommodation for personal trips spent in rented accommodation... represented 64.7 percent of such trips. Trips for which the type of accommodation used was hotels
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Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results
Agora/BioNTech, Moderna and CureVac. This type of vaccine is based on a breakthrough technology “[that] had..., Bulgaria’s would be 9 EUR per dose. I guess the “savings” of 2 EUR per dose (18%) is indicative... allocation “seems” more balanced with 33% allocated to each type of vaccine. However, on an EU-wide level
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Newsletter 110 - 10/03/2017
. It appears, for instance, that the Greek side has accepted the pre-legislation of 2 percent of GDP (3.6... payment for EFSF loans, coupled with a primary surplus of 2 percent of GDP as of 2021, is consistent... of measures, with the IMF demanding interventions worth 2 percent of GDP, counter-measures and labour market
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General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
EconomyMacroeconomythis year. In addition, local governments also showed a modest rise of 36 million in their surplus... by almost 2 billion euros to 326 million, while that for extrabudgetary funds fell by 289 million to 679... (+66 million), extrabudgetary funds (+36 million) and state budget (+35 million), while tax refunds
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