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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingoutflows of 5 billion and lack of marker repos renewals of 9.1 billion. ELA funding reached 19.5 billion... percent, also down by 1 percent point QoQ. Eurobank's management stressed that key catalysts for a return
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Unemployment rate edges up to 26.1 pct in Q4 2014
EconomyMacroeconomy. Youth unemployment (15-24 years) dropped by more than 5 pp YoY, yet it remains above the 50-percent... and 23.7 percent a year ago. The number of ‘long-term’ (more than 1 year) unemployed dropped
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingby a 5 bps contraction in the loan spread. Compared to Q4 2013, loan spread has eroded by 13 bps... Common Equity Tier 1 (CET1) ratio declined by 140 bps QoQ to 14.4 percent, mainly due
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Rare rebound for industrial production with 1.9 pct rise in Feb
EconomyMacroeconomyby 5 percent, while mining and quarrying production posted a double-digit decline (-17.4 percent). From... at the end of March displayed it dropped further by 1 point to -10.2, the lowest reading since January 2014.
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyfiscal change this year of almost 1 billion YoY. This sector has had the worst fiscal performance so... to 189 million accounting for almost 5 percent of outstanding arrears. Debt The stock of gross debt
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Greek women having children later, young people taking longer to fly the family coop
Societywas below the EU average of 0.76. On the left, the share of children (1–14) and right, young people (15... marriage. And although the Greek rate of births outside married increased by a full 5 percentage points
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Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
EconomyProgrammethrough the following measures: 1) An extraordinary levy either by increasing the current solidarity levy..., according to the Varoufakis list. 5) Implementation of TV advertisement tax legislation
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SYRIZA's left wing ups pressure on Tsipras but PM retains authority for now
PoliticsGreek Politicsin a fairly close vote (95 members against, 75 for and 1 blank). The result highlights the level... was the latest of several government officials and SYRIZA MPs to insist that the June 5 payment
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBanking-February). Total ELA funding cost stands at 200 basis points (bps) compared to just 5 bps for ECB funding... Equity Tier 1 (CET1) ratio fell to 13.1 percent in Q1 from 14.3 percent in Q4 reflecting the tax
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economyreforms related to cost savings required by the institutions of 1.8 billion (1 percent of GDP... 1,000 and 1,500 euros the cut was 5 percent, between 1,500 and 2,000 the reduction was 10 percent
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