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Greek ministers still hopeful of reaching deal with creditors this month
Economyfiscal measures yielding 1 percent of GDP each. However, he did not comment or provide any detail...’s plan on the income tax reform would yield 1 percent of GDP via a change in the income tax scales... taxes. Pensions On the pension reform, Katrougalos said that the government’s plan yields 1 percent
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Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct
EconomyMacroeconomyof 0.61 percent. Overall, the weighted average rate on total new deposits slipped marginally by 1 bp... in March was a sharp drop by 90 bps in loans for amounts over 1 million euros to 3.93 percent from 4.83 percent in March. In addition, the rate for amounts between 250,000 and 1 million euros fell
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Central government debt edges down to 321 bln in Q1
Economy1 billion QoQ to 11.03 billion accounting for 3.4 percent of central government debt. The debt...-term (up to 1 year) and medium-term (1 to 5 years) debt. It is worth noting that Greece’s cash
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Net profit of 87 mln for NBG in Q1
EconomyBankingand reduced operating expenses. In more detail, net interest income (NII) rebounded 1 percent QoQ... by 1 billion in 2017, while the NPL ratio is seen down to mid-teens in the medium-term... Equity Tier 1 (CET1) ratio slipped to 17.2 percent in Q1 from 17.5 percent in Q4, while the fully
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Government tables amendments with aim of securing bailout tranche within days
EconomyProgrammewill apply as of June 1 instead of January 1. This means that there is no issue any more... savings are legislated until September 30, 2016 and implemented as of January 1, 2017. The multi-bill
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomy, despite easing by 1 pp to 50.9 percent in Q1. The most notable decline was posted in the next age group... for the second straight quarter by more than 1 pp quarter on quarter (QoQ) to 21.1 percent in Q1 from 22.6 percent in Q4. Meanwhile, the number of long-term (more than 1 year) unemployed fell to 839,800
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingby a rise in core expenses by 3 percent. Net interest income (NII) edged up by 1 percent QoQ to 484 million..., while has been trimmed by 1 billion since Q3 2015, of which 0.7 billion stems from corporate... percent a quarter ago. The phased-in Common Equity Tier 1 (Tier1) ratio slipped to 17.5 percent in Q2
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NOME auctions as a mechanism to strengthen competition in the Greek electricity market
Legalof that said Law, as amended by para. 1 of Article 3 of Law no.4393/2016, establishes the sales... must be placed (namely article 135 para.2 Law. 4389/2016, as amended by article 3 para 1 of law... of the previous year. This calculation methodology is repeated in the KYSOIP Decision no. 38 Art. 1 para. 2.3.
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Newsletter 94 - 04/11/2016
the tax credit to 1,600 euros (from its current 1,900 euros) with estimated savings of 1 billion euros... of around 1.8 billion in the last three months, the backlog has decreased by 1 billion, indicating.... In the corporate sector the interest rate for loans for amounts over 1 million euros decreased by 76 bps
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Central government debt drops to 323.7 bln in Q3 on bond repayments
EconomyMacroeconomyyears) debt made up more than 80 percent of total, while short-term (up to 1 year) and medium-term (1... than 1 billion QoQ in Q2, Greece’s cash deposits edged down to 3 billion in Q3 from 3.17 billion
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