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Newsletter 409 - 26/01/2024
third with 10 pct, ahead of KKE with 8 pct, Greek Solution with 5.8 pct, Niki with 2.8 pct... is below 15 pct, though improved from the recent low of 10 pct of GDP. The Debt Sustainability Analysis.... Interior Minister Niki Kerameus stunned the opposition parties this week when she introduced a last
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Labour Ministry 2015 data shows increase in employment, marginal drop in average wage
Economyto four employees, and almost 9 out of 10 up to 10 employees. There were also 523 large corporates... out of 10 companies were based in the Attica region (Athens, Piraeus and suburbs), where half..., while the respective rate for females reached 46.7 percent. For almost 7 out of 10 employees the weekly
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Investigations into voter email leak continue despite denials from government
PoliticsGreek Politicsof separate investigations by the Interior Ministry, a Greek prosecutor and the country’s Data...-Michelle Asimakopoulou from the upcoming EP elections and the resignation of a senior Interior... that the email list was leaked from the Interior Ministry during the tenure of the caretaker
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Newsletter 230 -29/11/2019
. The draft law also contains a provision wiping out debts of up to 10 euros owed by 536,000 taxpayers... on.. 22 to 9 percent, the reduction of corporate tax from 28 to 24 percent and the reduction of dividends tax from 10 to 5 percent. In its statement, the Finance Ministry claimed that the bill
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Undecided voters could still decide crucial aspects of Greek elections
PoliticsGreek Politicsstill be shaped by around 1 in 10 voters who have yet to make up their minds. Opinion polls... University’s poll for Skai TV on Monday indicated that 9 percent of Greeks have not yet chosen how...: Of 9.7% undecided voters: 22% voted ND in June 2012 9% SYRIZA 9% DIMAR 9% Ind Grks 7% PASOK 5% G Dawn
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Clearer picture emerging ahead of stress tests, banks appear confident
EconomyBankingabout the implementation of the new provisioning standards in IFRS 9. According to sources, Greek... of the programme, is completed the total amount of capital needs will not exceed 10 billion euros... in two months, will incorporate the TAR findings and the new IFRS 9 standards. The new accounting
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingpressure on spreads. Balance Sheet Eurosystem funding declined by 1.1 billion euros QoQ to 10 billion... billion in March from 9 billion in September as a result of improved deposits, particularly... to 109.6 percent also, down from 117.6 percent in 2016. IFRS 9 As part of part of the new IFRS 9
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBanking(PPI) fell by 9 percent quarter-on-quarter (QoQ) to 88 million. Core PPI came to 306 million euros...-binding bids must be received by December 10, and binding bids by the end of February. The bank hopes... fell by 21 percent to 838 million euros. The change was attributed to the IFRS 9 FTA impact
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingin DTCs as a cushion. This effectively means that they pay 9 billion euros for debt with a nominal value... will also manage the NPEs of third parties. The initial term of the contract will be for 10 years... are to be submitted by September 9 and the bank aims to close the deal by the end of the year. Alpha Bank's
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesand other urban areas. Construction geared up by 9 percent in 2017, 10 percent in 2018 and 13... in the residential sector contributed over 10 percent. Those figures shrunk to 5 percent and less than 1... to the same period in 2019. Residential property prices in urban areas rose by 9 percent between 2017
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