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Newsletter 279 -13/11/2020
worsened by 19.8 points. 2 Credit growth in Nov edges up to 2.6 pct Rates approaching last high.... Interior Minister Takis Thedorikakos was also left out of the new line-up to be replaced by Agriculture... Interior Minister, to be replaced by Christos Tarantilis. Altogether, 17 changes were made, including
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingof the law 3869/2010 backlog in 2019. Sales from Pillar and Cairo portfolios, worth 2 billion and 7 billion... to the SPV and 2 billion from the securitisation of 2 billion euros-worth of housing loans under... basis points of total assets in 2018. Operating expenses fell by 2 percent QoQ to 461.5 million in Q4
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme36 billion. These additional funding needs stem from: 1) Lower fiscal targets (additional needs... targets for the next years: at 1 percent of GDP for 2015 (from 3 percent), 2 percent in 2016 (from 4.5 percent) and at 3 percent for 2016 and beyond (from 4.5 percent). 2) Lower privatization proceeds
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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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