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Rising bond yields a concern, but not an immediate fiscal problem
Economyof January for a 10-year benchmark of 3 billion euros attracted fewer offers compared to last year... billion euros. Roughly 3 billion euros is privately held, 768 million euros is held by eurozone central... programme of 2010. The privately-held bond issuance of 3 billion euros maturing this year was issued
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Newsletter 382 - 26/05/2023
a point short of the 3 pct threshold for electing MPs. Should one or more of these parties make it over the 3 pct mark in the second election, it will push up the threshold needed for New Democracy to gain... by 0.6 points on Sunday. PASOK is seen rising by almost 3 points to 14.4 pct. There is little change
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Newsletter 404 - 01/12/2023
is significantly more moderate than the almost 3 pct growth that the Greek authorities have based..., at 5.2 pct. This leads to domestic demand next year also nearly halving to 1.6 pct growth, from 3 pct... that the central bank sees next year’s growth at 2.5 pct, from 3 pct in the previous official estimate in June
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBankingAlpha Bank’s reported net profit stood at 1 million in the second quarter (Q2) of 2017 including... at 26 billion, the NPE stock has to be reduced by another 1 billion in H2, with the management stating..., while another 1 and 2.5 billion are due to be assigned within October and mid-2018 respectively. P&L NII
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Newsletter 135 - 13/10/2017
percent in 2018, after which growth drops and is estimated to reach 1 percent in 2022, according.... According to the IMF, the number of pensions will increase at around 1 percent per year. Greece predicts... by 1 pct in September Headline figure represents ninth consecutive rise after four years
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Tsipras confirms Parliament will probe contentious Novartis bribery claims
PoliticsGreek Politics. The committee will have 21 members (10 SYRIZA, 5 New Democracy, 1 PASOK, 1 Golden Dawn, 1 KKE, 1 ANEL, 1 Union of Centrists & 1 To Potami), with the governing coalition being represented by 11 MPs, who
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Piraeus announces transformation plan amid 2020 loss of 662 mln
EconomyBankingof progress in its 1 billion-euro share capital increase and a transformation plan, including new..., compared with a loss of 1 million euros in Q3. The bank’s loss for the whole of 2020 compared... expired, reducing active moratoria to about 1 billion at the end of the year. The bank said
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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicseuros will reportedly go towards reducing the country’s debt, 1 billion to reduce state arrears and 500 million will be given as a “social dividend.” The latter mainly involves one-off handouts to 1... contributions by 3.9 percentage points (2.9 for employers and 1 for employees), which will be effective
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A snapshot of Greek banks' ABS as ECB readies for next move
Economybillion, while Eurobank’s figure stands below 1 billion. In addition, they hold covered bonds (mainly... by Alpha and Eurobank at 3.6-3.7 billion, while Piraeus figure stands slightly above 1 billion... as collateral of uncovered government-guaranteed bank bonds as of March 1, 2015. These guarantees amounted
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyGreece's travel receipts rose by 9.1 percent in January, after a modest increase of 1 percent..., up by 1 million compared to the 2014 figure, and direct tourism revenues above the 2014 level... Chairman Andreas Andreadis recently said that the euro’s drop against the US dollar to almost a 1:1
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