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BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBankingexposure will stay unchanged, the sales of NPEs will take place at net book value... in the form of risk weighted assets (RWA). With the exercise taking place at net book value, CET 1
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Apartment prices rise by 9.1 pct in Q3, hitting series high
EconomyMacroeconomy, as mentioned. In other indicators, the household lending sector’s net monthly movement was negative by -157 million euros, slightly deepening from net monthly outflows of -147 million euros in the previous
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Budget primary surplus at 6.95 bln in Nov as expenditure drops
EconomyMacroeconomybillion euros. Primary expenditure came to 38.27 billion euros. Net revenues came to 48.43 billion euros... last year, the aggregate figure has dropped by 10.5 percent. Overall, net revenues amounted to 48.43
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Deposits drop by 206 mln in November
EconomyMacroeconomyNet deposit movement in the Greek banking system was negative by 206 million euros in November, following inflows of 643 million in October, Bank of Greece (BoG) figures revealed on Friday.... In November last year, net deposit movement was negative by 79 million euros. A breakdown
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Budget primary surplus at 4.96 bln in Dec, beating annual target
EconomyMacroeconomymillion euros. Primary expenditure came to 44.38 billion euros. Net revenues came to 55.02 billion..., net revenues amounted to 55.02 billion euros in the aggregate period as mentioned, standing 7.3
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Budget primary surplus confirmed at 5.02 bln in Dec
EconomyMacroeconomymillion euros. Primary expenditure came to 44.40 billion euros. Net revenues came to 55.10 billion euros... dropped by 9.6 percent. Overall, net revenues amounted to 55.10 billion euros in the aggregate period
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Deposits rise by 3.65 bln in December
EconomyMacroeconomyNet deposit movement in the Greek banking system were positive by 3.65 billion euros in December, following outflows of 179 million in November, Bank of Greece (BoG) figures revealed on Wednesday... billion. In December last year, net deposit movement was positive by 3.15 billion euros. A breakdown
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What will it take to reverse the Greek 'brain drain'?
Societyof just over 11 million. Over the same period, 227,412 Greek citizens returned to Greece, giving a net... the net flow remained negative at the last count in 2017, and is still high in historical terms
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Uproar over minister's home protection comments underscore sensitive nature of challenge
PoliticsGreek Politicschance”, while hinting at the introduction of a social safety net for vulnerable households. Bad... net, and flood the market with foreclosed properties while simultaneously causing social tensions
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Retail market suffers drop in crisis era, shows consolidation towards larger businesses
EconomyFeaturespresented at the Future of Retail conference held in early February. The report noted that net retails... is still nowhere close to its pre-crisis levels. As of 2018, net retail turnover excluding fuel
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