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European Commission says 2014 is a turning point for Greece as growth resumes
Economy) in 2015. For 2016, unemployment is seen further easing by 3 percentage points (pp) to 22 percent... projections assume Greece will meet its primary surplus targets of 3 and 4.5 percent of GDP in 2015
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National Bank posts 9-month profits of 1.18 bln
EconomyBanking. In the Greek market, deposits also grew by 2 percent QoQ reflecting an increase in customer deposits by 3... restructuring plan among Greek banks amounting to 3 billion euros, of which two thirds relates to (future
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Eurobank reports loss of 186.6 mln in Q3
EconomyBanking. Cumulative provisions correspond to 17.7 percent of gross loans, up by 3 percentage points... stood at 11.5 percent. Both ratios incorporate a benefit of 3 billion from the upcoming conversion
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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomybudget in particular, shows a material improvement by more than 3 billion YoY and 500 million month...: a) two bond issues, a 5-year note of 3 billion in April and a 3-year note of 1.5 billion in July and b
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomyhigh debt which remains a major challenge, 3) slow progress in bank balance sheet restructuring... as the gains of the large competitiveness gains may be underestimated and 3) faster progress
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Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011
EconomyMacroeconomyinstitutions eased 3 percent from 2.9 percent in the preceding 3 months. Balances dropped by 475 million
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyof 3 billion euros in April and a 3-year note of 1.5 billion in July b) Redemptions of 16.5 billion c) Exchange of 1.67 billion T-Bills via 3- and 5-year bond re-opening in September. The amount
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomydisplayed consumer credit and corporate NPL ratio increased by almost 3 percentage points (pp) from... to obligations to more than one banks, while are also past due for more than 3 years. BoG projects NPL ratio
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Conditions for Greek ECCL reportedly outlined in German document
EconomyProgramme’ recapitalization. 3) Compliance with Growth and Stability Pact obligations. 4) Improvement in the current account balance. 5) Access to capital markets. Despite the issues of 3- and 5-year bonds until
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Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
EconomyBankingthe acquisition of 6 banks (ATEbank, the 3 Cypriot banks’ operations in Greece, Geniki Bank... corresponds to obligations to more than one banks, while are also past due for more than 3 years. The same
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