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Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
EconomyMacroeconomyevolution in January, the net inflows of 9.6 billion euros that had been recorded after June 2012 elections until the end of December were wiped out with the net flow now pointing to an outflow of 3.14
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The ECB's strict rules apply if you dare not comply
Agorathe promissory notes arrangement the Irish budget would be hit for a decade with a net annual payment... the 10-year period. The promissory notes arrangement had a net present value (NPV) of 19.5 billion euros
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammewith a net cost of 2 billion euros. As later clarified by senior SYRIZA officials, the net cost
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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammewith a net fiscal impact of 3.7 billion euros, including proceeds from privatisations. Those... million). The net fiscal impact of 3.7 billion euros also assumes that the government will postpone
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Tax wedge for single, married Greeks well above OECD average
EconomyMacroeconomylooking at the employee net tax burden – which excludes any employer SSC – the comparison is more... is slightly below the OECD average of 25.5 percent. However, the net tax burden for a married worker with two
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Central gov't cash surplus reaches 1.19 bln in Q1, up 54.3 pct YoY
EconomyMacroeconomylast year. Similarly, the central government net balance showed the deficit narrowed by 19.5 percent... showed a lower drop in net revenues (-1 percent) and a slower rise in March figure (+16.8 percent). Cash
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Greek stock market up by 3.5 pct over week amid hope of bailout deal
Economyweeks. On the corporate front, Hellenic Exchanges (EXAE) released Q1 results on May 18 that showed net.... In addition, EXAE Annual General Meeting (AGM) approved on May 20 the distribution of net dividend
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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingPiraeus Bank posted net losses of 69 million euros in the first quarter (Q1) of 2015 significantly lower than those reported in Q4 2014 of 332 million and in Q1 2014 of 247 million. The improving.... Net interest income (NII) fell 2.4 percent QoQ to 500.3 million primarily reflecting the higher
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingNational Bank (NBG) posted net losses of 159 million euros in the first quarter (Q1) of 2015 from 1.11 billion in Q4 2014, which were entirely due to one-offs. Excluding the extraordinary items... by 3 and 4 percent respectively. Net interest income (NII) fell 5 percent QoQ, largely stemming from
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OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomy) and edging up to 4 percent in 2016. Overall, net exports are expected to ease 0.5 percent in 2015..., according to the OECD. In addition, a broader and well-designed social safety net would help the most
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