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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingin the last quarter, the target of NPE reduction for Q1 had been achieved. Broken down by sector, NPE...) came to 16.1 billion euros in Q1, down by around 200 million QoQ compared to 16.6 billion euros... the adverse scenario, its 2020 CET1 ratio reached 9.7 percent, down by 856 bps. This was largely
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Newsletter 164 -08/06/2018
Ministry attempted to play down the Reuters report by claiming that no firm decision had been taken... of 2018, down by 227 million euros compared to the same time last year. The breakdown of the figures... of increases. Broken down by component, imports of goods fell by 4.6 percent QoQ and by 6.1 percent
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Hirings balance hits new record high of 108,725 in May
EconomyMacroeconomypercent were layoffs. Full-time hirings landed at very slightly more than 50 percent, down from 55.6.... The share of males among total hirings edged down very slightly to 55.4 percent in May from 55.5 percent... (23,703) and those aged 25-29 (16,826). The balance for those aged over 64 came to 746. Broken down
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Newsletter 166 -15/06/2018
has no intention of bringing down the government. Full focus turns to debt relief measures Multi-bill.... Full-time hirings landed at very slightly more than 50 percent, down from 55.6 percent in April..., at the same rate as Q4. Properties up to five years old saw their prices edge down by a marginal
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The race to reduce Greece's bad loans
EconomyBanking, the SSM is expected to put the total of NPLs at around 20 percent of total loans and down to single... down bad loans in the first quarter of the year. Excluding off-balance sheet items, the non... stock at 17.8 billion, below the bank’s target of 18.1 billion. NPL stock edged down by 200 million
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingand liquidations will also contribute. Broken down by sector, NPE formation fell into negative territory... Emergency Liquidity Assistance (ELA) reliance and the calendar effect. Funding costs were down by 25 million... reliance at 3.1 billion euros. As at the end of August, ECB funding reliance was down by around 100 million
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ANEL leader under scrutiny due to party unrest, questions over refugee funds
PoliticsGreek Politics, when party secretary Thymios Drosos announced that he is stepping down from his position... be leaving his party. This takes the party’s presence in Parliament down to five. If one more... down the percentage that the winning party needs in order to form a clear majority. The way the Greek
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Unemployment at 19 pct in July as inactive population increases
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 19 percent from 19.1 percent... percent. Compared to July last year, the number of those unemployed went down by 104,449 or by 10.4.... Broken down by age group, the largest annual drop was seen in the 55-64 years age group, where the rate
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Newsletter 178 -12/10/2018
if the Prespes Agreement is ratified by FYROM’s Parliament in a last-ditch attempt to bring down the SYRIZA-ANEL... adjusted (SA) unemployment rate edged down to 19 percent from 19.1 percent in June, the Hellenic... to June, a drop of 1.5 percent. Compared to July last year, the number of those unemployed went down
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Foreign minister quits government, heaping pressure on Tsipras
PoliticsGreek Politicsoffer. The prime minister could have turned it down, as he has done when other ministers have offered... slowed down by the negative domestic reaction in Greece to the Macedonia name deal. It was considered best by Athens to let things cool down before proceeding to reach an agreement with Tirana. Kotzias
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