Search
-
Primary cash surplus widens by 1.8 bln to 4.84 bln by end of Oct
EconomyMacroeconomy. Last year’s figure includes one-off revenues of 1.31 billion euros stemming from the payment Alpha... those one-off items from both years’ reported figures, we get a much wider improvement
5% -
Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingexpenses also reflecting one-off costs. Pre-provision income (PPI) fell 63.4 percent quarter on quarter... voluntary exit scheme, 35 million to resolution fund’s cost and 19 million to other one-off costs
5% -
Greece and creditors eye compromise to move review along
PoliticsGreek Politicson April 22. Once the Eurogroup has signed off on the measures (which also have to be approved by some... that two agreements would be drafted: One with Greece’s European lenders and the other... being put off for now and only being discussed after Athens has passed the agreed measures. Given
5% -
Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingPiraeus Bank turned net losses of 37 million euros in the first quarter (Q1) of 2016 to profits of 20 million in Q2, which include a one-off trading gain of 77 million from the acquisition of Visa Europe from Visa Inc. Excluding this one-off item, recurring pre-provision income (PPI) improved by 8
5% -
Newsletter 91 - 07/10/2016
complied with Greece’s constitution was recently called off by court president Nikos Sakellariou... line given that it is also trying to fend off claims of corruption with relation to the TV tender... observers even argue that they are dictated – by Greece’s international creditors. One should not forget
5% -
Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
EconomyMacroeconomyrose by 7.2 percent to 5.76 billion in December, also including a payment of 630 million for one-off... noted, the notable budget outperformance, which also includes the one-off payment to pensioners worth
5% -
Newsletter 122 - 09/06/2017
could kill off hopes in Athens of the European Central Bank being about to include Greek bonds in its... in a speech at the 12th RED-Business Forum “Incentives for Growth”. NPEs (including off-balance sheet... one third of housing, one fourth of consumer and just 3.5 percent of corporate NPEs. Greek banks
5% -
Samsung buys out Innoetics in latest boost for Greek tech sector
EconomyFeaturesspecialises in text-to-speech (TTS) technology. The company was launched in 2006 as a spin-off from... not been disclosed. However, it is rumoured to be one of the largest for a Greek technology company in recent years and in turn among the largest for a spin-off from a Greek academic and research
5% -
Deal seen on energy liberalisation as third review SLA edges closer
EconomyProgrammeAgreement (SLA) before the December 4 Eurogroup and it appears that one of the big-ticket items in the third... officials last week, the lenders had identified this as one of two issues that have to be agreed... to officially call off their strike in the coming days, allowing the first e-auctions to begin on November 29
5% -
Energy at forefront as Athens prepares for creditors’ return
EconomyProgrammeAthens has reached a comprehensive agreement on energy issues, which was one of the biggest... they had received the assurances necessary for them to call off the strike they had announced a few... on the key deliverables in the next few days. One of the other areas that the institutions are expected
5%