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HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings
EconomyBankingto 25 billion during the first round of bank recapitalisation that was conducted in the second... with the commitments of the memorandum of understanding (MoU) and the sale of Finansbank by NBG. During the first... the funding gap of the twelve (non-core) banks under liquidation. Of this figure, HFSF estimates
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HFSF records losses of 1.2 bln in 9-month amid revaluation losses from bank holdings
EconomyBankingon December 23. It is worth noting that HFSF’s initial investment in the four core banks, during... memorandum of understanding (MoU) and the sale of Finansbank by NBG. During the 9-month period, HFSF...) banks under liquidation. Of this figure, HFSF estimates the recoverable amount stands at 1.94
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Newsletter 109 - 03/03/2017
to close the second review. During the course of this week, the coalition has also accepted... measures will be needed. Government spokesman Dimitris Tzanakopoulos admitted during a regular... Ministry sources noted that IMF requests could be lowered since the latter’s estimates incorporate
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Travel receipts rise by 11.3 pct in April on back of higher arrivals
EconomyMacroeconomyyear. The average expenditure per trip fell slightly by 0.4 percent to 452.2 euros. During the month.... International arrivals during the period increased by 3.2 percent and the average expenditure per trip came... five months of the year up by 10.1 percent to 3.8 million. SETE estimates that foreign arrivals
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Newsletter 126 - 07/07/2017
to return to the markets during a parliamentary debate on Monday. They insisted that the return... during the previous two months, increasing by 88 million compared to a decline of 117 million..., while the Finance Ministry and the European Commission’s estimates are higher at 22.8 percent.
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Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
EconomyMacroeconomyin foreign arrivals, which went up by 8.9 percent during the period and came to roughly 484,100... the 28 European Union (EU 28) countries rose by 1.9 percent and came to 79.6 million euros during... SETE’s estimates. For 2018, SETE predicts that tourist numbers could reach up to 30 million
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Which way to the exit?
Agorafinances, it was in a nirvana-like state during the 2008 global financial crisis and, in a complete absence of prudent liability management, had allowed debt maturities to pile up during the most... Commission’s latest estimates. If you add to this the latest reforms in centrally managing cash
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Travel surplus rises by 48.2 pct in March as receipts increase
EconomyMacroeconomyby a rise in foreign arrivals, which went up by 12.8 percent during the month and came to roughly... euros during the month. For euro-denominated countries, receipts rose by 56.4 percent to 104 million... exceeded SETE’s estimates. For 2018, SETE predicts that tourist numbers could reach up to 30 million
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Growth strategy sets out reform targets, broad policies for post-MoU era
EconomyProgrammeof collective bargaining being prominent and accelerating during 2019 and the first quarter of 2020... that took hold during the crisis. Growth rate Despite revisions by the European Commission and lower estimates by other international organisations, the government leaves unchanged its near-term growth
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Greek leaders' contrasting visions all a blur
Agoraas a defender of Greeks who missed out on the spoils during the years of plenty and who were cast adrift during the crisis. SYRIZA, he argues, will not allow Greece to go back to the time when... a four-year period. Other estimates have put the figure closer to 10 billion euros. In either case
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