Search
-
Newsletter 97 - 25/11/2016
and 2018. In specific, the primary surplus is estimated to reach 1.09 percent of GDP this year and 2... this year and 2 percent next year. limited and will thus constrain credit expansion and banks’ revenue.... 2 A rude awakening Once ardent Europhiles, polls suggest Greeks have fallen out of love with the EU
33% -
Newsletter 100 - 16/12/2016
that it is not willing to countenance the idea of adopting further measures to close the 2 percentage point fiscal gap... in Berlin on Friday with the impression that the IMF’s demands for another 2 percentage point..., with net hirings of 125,128, up by more than 36 percent from last year’s figure of 91,874. Moreover
33% -
NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingof 2.1 billion euros and write offs of 3.4 billion euros, of which 2 billion went on to be sold...), consumer loans (-72 million), and corporate loans (-36 million) which partially offset a positive... peers. Management noted the disposal of 2 billion euros in unsecured retail NPLs at a consideration
33% -
Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
PoliticsGreek Politicsfew days. Centre-left Movement for Change (KINAL) gained 7.1 percent (2 MEPs), the Communist Party (KKE) 5.7 percent (2 MEPs) and Golden Dawn 4.8 percent (2 MEPs). Beyond the considerable winning... a clear majority. The conservatives would probably need upwards of around 36 percent to govern
33% -
Overall loan interest at 4.05 pct in April, hitting new series low
EconomyMacroeconomyweighted average interest rate on all existing loans dropped by 2 bps to 3.88 percent. The spread between existing loan and deposit rates fell by 2 bps month-on-month to 3.73 percentage points... percent, while the corresponding rate on loans to sole proprietors rose by 2 bps to 6.84 percent
33% -
General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomy), extrabudgetary funds (-36 million) and state budget (-11 million). At 30.7 percent of the total, hospital... euros. The movement largely stemmed from a rise of 2 billion euros in repos which came to 32.06 billion... euros was seen in T-bills, making up 3.6 percent of the total. Bonds showed a rise of 2 million
33% -
Newsletter 279 - 05/03/2021
will be reduced to 36 percent from 47 percent, while the NPE coverage ratio will increase to 47 percent... is focussing on the liability side of its balance sheet, with a 500 million-euro issue of subordinated Tier 2... points. The Tier 2 bond issue will bolster the bank’s capital adequacy by about 125 basis points
33% -
Government tries to contain fallout from breach of voters' data
PoliticsGreek Politicsgiven the ongoing investigation into a potential data breach at the Interior Ministry. The MEP... Data Protection Authority, the Interior Ministry and a public prosecutor. It was also announced on Friday that Interior Ministry general secretary Michalis Stavrianoudakis and New Democracy’s secretary
33% -
Investigations into voter email leak continue despite denials from government
PoliticsGreek Politicsof separate investigations by the Interior Ministry, a Greek prosecutor and the country’s Data...-Michelle Asimakopoulou from the upcoming EP elections and the resignation of a senior Interior... that the email list was leaked from the Interior Ministry during the tenure of the caretaker
33% -
Newsletter 9 - 30/12/2014
that SYRIZA will be able to implement a different type of economic policy. The opposition party... of 5 percent to 2 percent for 10 years. This looks more like a debt reprofiling, with lower... percent, respectively, over the next five years. 2 Voting for brinkmanship The real economy needs
32%