Search

Results 1061 to 1070 out of 3985. RSS
  1. BoG data shows drop in card usage in first half of 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    cards made up 84 percent of the total, and credit cards came to 16 percent. However, while card... transactions came to an average of 26 transactions per card versus 32 in the previous period, while credit... have carved out a strong foothold in Greek payment culture, followed by credit cards. The average

    5%
  2. Hercules NPL reduction scheme receives first application from Eurobank
    Photo by MacroPolis

    EconomyBanking

    for Cairo III to follow in the coming weeks. The bank has secured the minimum ‘BB-‘ credit rating, which... in a persistently high cost of credit risk. This cost consequently restricts the net profit margin of banks.” The bank went on to say that while credit risk had improved in recent years, the rapid

    5%
  3. ND hopes economy will pick up as second stage of lockdown easing begins
    Photo by MacroPolis

    PoliticsGreek Politics

    period. Friday’s Eurogroup arrived at an agreement on the credit line that will be made available... the ESM is ready to grant loans from June 1, the chances of Greece tapping the credit line at this stage... that the ESM’s credit line is not under consideration at the moment and that Athens would rather

    5%
  4. Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
    Photo by Pavlos Svoronos/Fosphotos

    Economy

    In an unexpected move on Friday night, Moody’s upgraded Greece’s credit rating by one notch to ‘Ba3... last year, S&P had raised Greece’s credit rating to ‘BB-‘, while Fitch moved Greece up to ‘BB... downward pressure on the credit rating. The same effect on the rating will come from prolonged

    5%
  5. Newsletter 286 - 26/02/2021

    Newsletters

    deposits fell by 839 million euros. Credit growth in January rises to 3.7 pct Net lending flow turned negative in the month by 557 million euros Credit movement in the Greek private sector rose 3.7 percent... rate of credit growth is now the highest it has been since February 2010 when it came to 3.8 percent

    5%
  6. Newsletter 302 - 18/06/2021

    Newsletters

    took the aggregate balance for the year so far to an increase of 4.68 billion euros. Credit growth... flow was positive with a 68 million-euro increase in lending. Credit movement in the Greek private... of credit to non-financial corporations was positive by 49 million euros. The balance stood at 62.1 billion

    5%
  7. The case for a general government balance sheet

    Agora

    credit line from the ESM to assure capital markets. This would have saved net interest on the debt and keep the gross debt lower than it is now. Perhaps it was felt that contingent credit... up spending opportunities that would have been more difficult under a contingent credit line. We do

    5%
  8. Moody's leaves Greece's rating unchanged, one notch from investment grade
    Photo by Panayiotos Tzamaros

    Economy

    on the credit rating could emerge from continued economic policies and commitment to fiscal..., and asset quality and capital ratios closer to the euro area average, would also be credit positive... have negative effects on the credit rating. Indications that a sustained deterioration

    5%
  9. Latest BoG report sees sustained growth, range of challenges
    Photo by MacroPolis

    EconomyMacroeconomy

    conditions, Greek government bonds benefited from continued sovereign credit rating upgrades, attracting... and lending rates declined in line with ECB policy easing. Deposits rose markedly, while credit growth to non-financial corporations accelerated sharply. Household credit contraction eased

    5%
  10. Bank Credit to Domestic Private Sector
    No image available

    Statistics

    5%