Search
-
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
16% -
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
16% -
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
16% -
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
16% -
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
16% -
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
16% -
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
16% -
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
16% -
NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingsubstantially from profits of 65 million euros in 2018. Core pre-provision income (PPI) fell by 9... euros in Q4 from 11.6 billion in Q3. In the last 12 months, NPEs have been reduced by 4.7 billion... 366 bps in Q3. Net fee income increased by 12 percent QoQ to 68 million in Q4, driven by wholesale
16% -
Latest market foray for 15-yr bond attracts strong investor interest with record low yield
EconomyBanking, with the UK leading the offers by 24 pct, followed by France at 17 pct. The US had 12 pct of the offers. Greek... and insurance and pension funds with 8 pct. Hedge funds had 9 pct of the allocation. The same issue... Wednesday’s transaction, Greece has now issued 12 billion euros of bonds in 2020, which has covered
16%