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  1. Newsletter 201 -21/04/2019

    Newsletters

    Eurogroup nod allows next move Govt aims to pay off some IMF loans early after receiving 1 bln from... measures, worth almost 1 billion euros, after the European Commission deemed that Athens had completed... commitments for end-2018,” and unlocking close to 1 billion euros in funds. exclude any strategic

    6%
  2. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    (-29 million euros) and consumer loans (-1 million). This led the group NPL ratio to stand at 28.2... the ECB, with the Bank enjoying a large liquidity buffer. Capital The Common Equity Tier 1 (CET1... deconsolidation. The pro forma CET 1 comes to around 12.8 percent. Management noted that the planned sale

    6%
  3. Tsipras tries to use Brussels warning to his political advantage
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ,” he said. “Mr Mitsotakis insists on talking about the need to adopt a 1:5 hiring rule, while we have managed to secure a 1:1 ratio,” he said. Tsipras concluded with a warning that Greece has

    6%
  4. Mitsotakis vows to push on with tax cuts despite fiscal concerns

    PoliticsGreek Politics

    the first hirings (1,500 people) would be made in the police force, adding that the 1:5 ratio may... that it would reach the 1:1 ratio the government has been implementing since the start of the year. Justice

    6%
  5. Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
    Photo by MacroPolis

    EconomyMacroeconomy

    the 1 million mark for a fourth consecutive quarter. However, Q1’s unemployment figure was the highest... age group where unemployment fell by 2.8 pps to stand at 28.3. An increase of 1 pps was seen in those... unemployed (over 1 year) declined for a seventh consecutive quarter to 589,000. Out of the total, long

    6%
  6. Q2 rise of 7.7 pct in apartment prices marks 12-year high
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that house prices increased by 1.7 percent in 2018, compared to an average price contraction of 1... compared to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price... on average by 2.7 percent in Athens and by 1 percent in Thessaloniki. In other cities, prices rose

    6%
  7. Tax cuts spearhead Mitsotakis's message in Thessaloniki

    PoliticsGreek Politics

    July 1 next year. Mitsotakis said the aim is to bring them down by 1 percentage point by the end... two years should be to enhance our bilateral trade from 650 million dollars in 2018-19 to 1 billion

    6%
  8. Alpha Bank posts net profits of 4.7 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    . The bank noted that in Q3, new disbursements of loans to the private sector amounted to roughly 1... offset a decline in state deposits. On an annual basis, deposits in Greece showed inflows of 1... percent compared to 103 percent in Q2 2019. Capital The Common Equity Tier 1 (CET1) ratio stood at 18

    6%
  9. Newsletter 232 -13/12/2019

    Newsletters

    pct+1 of the junior notes have been sold to private investors and a satisfactory level... than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior notes, with the aim... increased by 1.8 percent in 2018, compared to an average price contraction of 1 percent in 2017

    6%
  10. Population drops slightly in 2018 despite positive net migration flow
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    of Greece was noted at 10,724,599 on January 1, 2019, compared to 10,741,165 for the same date in 2018... included people living in the country as of January 1 due to the refugee crisis. According to the data... of the total population. As of January 1, the population in Greece is split between 51.4 percent for females

    6%