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Newsletter 68 - 01/04/2016
on the first programme review to be reached by April 12 and decisions to be clinched at the Eurogroup...: Department stores (+9 percent), food, beverages and tobacco (+5.5 percent) and pharmaceutical products... was in 1989, the year that the Berlin Wall fell. Since then, there have been 12 general elections
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Bank of Greece report overviews lenders' profitability, urges drastic NPL management
EconomyBankingincreased by 9.1 percent (+9 billion) to 108 billion at the end of 2015 from 99 billion at the end... percent in the second half of 2015, while the value of card transactions increased at a slower pace of 12... with the value of card transactions reaching 53.2 billion euros, up 12 percent from last year. However
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Newsletter 91 - 07/10/2016
that taxpayers will pay their ENFIA to the banks in 9–12 monthly instalments, while the state receives... million, while the number of unemployed edged down by 5,400 to 1.12 million. Over the last 12 months
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Another spin of the wheel for Greece
Agorathe story of 2016 for Greece. It was cast as a watershed 12 months, when we were meant to leave the worst... number of long-term unemployed (806,300 people had been without a job for at least 12 months in Q3... in GDP and another 9 billion euros in taxes abroad. Expected turnaround Maybe these wounds will start
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Newsletter 122 - 09/06/2017
successive month in April, at a sharper pace of 117 million compared to the modest decline of 9... February 2012 The jobless rate has fallen by 1.3 percentage points (pp) in the last 12 months... percentage points (pp) in the last 12 months on the back of a drop in the number of unemployed by 74,500
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankinga loss of 80 million euros compared to a net profit of 12 million in Q4 2017. Results for operations... of 9 percent QoQ driven by provisioning of Q4 2017 which came to 1.2 billion and the first time... provisions stock over the last 12 months and boost fee and commission income, which would bear fruit
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingformation has declined. The bank reported that across the last 12 months, NPE reduction has come... decreased to 54 percent on a recurring basis. Impairment losses came to 149 million, down by 9... million in June, and was eliminated completely by July 12, 2018. Interbank repos came to 3.3
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Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Economyof cuts to pensions. The first saw main pensions above 1,300 euros per month cut by 12 percent..., even the short period of 12 months between 2015 and 2016 could cost public coffers more than 2 billion... of close to 9 billion euros. In any case, it is likely that this is only the beginning of a lengthy legal
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Strong showing in local elections for ND as it targets majority in national vote
PoliticsGreek Politicsone seat), SYRIZA will gain 74 seats, KINAL 23, KKE 16, Golden Dawn 15, Greek Solution 12 seats and Mera25 9 seats. Under the second scenario, six parties will elect MPs. New Democracy will have 154 seats, SYRIZA 77, KINAL 25, KKE 17, Golden Dawn 15 and Greek Solution 12. Venizelos The build-up
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Newsletter 209 -07/06/2019
will gain 74 seats, KINAL 23, KKE 16, Golden Dawn 15, Greek Solution 12 seats and Mera25 9 seats. Under... 25, KKE 17, Golden Dawn 15 and Greek Solution 12. In an interview with public broadcaster ERT
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