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Newsletter 154 -9/03/2018
percent in 2017, and for imports of goods and services to rise by 6 percent. The latest MoF forecast
6% -
Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingimplementation Greek banks are expected to increase provisions by roughly 6 billion euros. The IFRS 9
6% -
IFRS 9 provisions required by banks in line with expectations
EconomyBankingin the region of 5.5 to 6 billion euros. Alpha Bank announced that its estimate for the IFRS adoption
6% -
Coalition tries to move focus back to scandals
PoliticsGreek Politicsthat the discussion about scandals favours the government, compared to just 6 percent that believes
6% -
Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankingare expected to increase provisions by roughly 6 billion euros. IFRS 9 becomes effective as of 2018
6% -
Rising exports drive 16.6 pct contraction of February trade deficit
EconomyMacroeconomy, exports and imports grew by 13.5 percent and 6 percent, respectively. When factoring out these two
6% -
Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
EconomyMacroeconomyFebruary’s figure of 4 million euros, but below target by 6 million. The figure for the same time last
6% -
Elections and possible alliances on political agenda again
PoliticsGreek Politicsthat they voted for SYRIZA at the last elections, followed by 6 percent who backed New Democracy. Overall, 61
6% -
Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
EconomyMacroeconomyfigure of 4 million euros, but below target by 6 million. The figure for the same time last year was 63
6% -
Which way to the exit?
Agora6 billion euros that comfortably covers interest payments. Without the IMF, Greece’s cash buffer
6%