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  1. Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
    Image via www.alpha.gr

    EconomyBanking

    . By 2021, the stock of NPEs is expected to stand at 8 billion euros. The stock of non-performing... asset impact (-4 bps) and other activities (-2 bps) along with period results (+8 bps). The bank... 9. Alpha Bank’s CEO Demetrios Mantzounis noted that the Q3 results showed a continued de-risking

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  2. Deliberations over primary residence bill set to delay green light from Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the April 8 Eurogroup in Bucharest. The eurozone official confirmed that the biggest obstacle... be eligible for the proposed framework. Of these, 9 billion euros relates to mortgages, while another... or investors to be selected between May 5 and May 8. Also, Parliament approved on Thursday the splitting

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  3. Newsletter 212 -28/06/2019

    Newsletters

    lead. Instead, the focus is on whether Mitsotakis will be able to form a government on July 8 and what..., drop the introductory income tax rate from 22 to 9 percent for those earning less than 10,000... percent, with the leftists on 29.5 percent. Movement for Change (KINAL) is in third on 8 percent

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  4. PDMA sets 2020 goals to build on improving conditions for debt
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in 2019 for a total amount of 9 billion euros, in 5-, 7-, 10-year issues and a tap through.... In most years, it ranges between 6 and 8 billion euros, limiting refinancing risks across medium.... In scenario 2, which includes early official sector repayment, the new transactions will come to 8

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  5. Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
    Photo by MacroPolis

    Economy

    percentage points and a deep euro area contraction of 7.5 pct, downward revised by 9 percentage points... on Greece’s external sector then the output drop in 2020 will reach 8 pct. It is worth noting that had... pct of GDP The authorities note that the funding strategy this year, which was meant to raise up to 8

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  6. Newsletter 259 -24/07/2020

    Newsletters

    Essential EU funds secured Greece to get around 70 bln, OECD sees 8 to 9.6 pct contraction... and employment. It repeated its previous estimates that GDP is set to shrink by between 8 to 9.8 percent... of hotels have reopened or will have reopened by August, 9 percent have not decided when

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  7. Latest market foray for 15-yr bond attracts strong investor interest with record low yield

    EconomyBanking

    and insurance and pension funds with 8 pct. Hedge funds had 9 pct of the allocation. The same issue... by fund managers at 59 pct and hedge funds at 8 pct. Greek participation came to 7 pct. Including

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  8. Newsletter 270 -23/10/2020

    Newsletters

    and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance... share with 61 pct, followed by banks with 17 pct and insurance and pension funds with 8 pct. Hedge funds had 9 pct of the allocation. 2 Current account surplus of 79.7 mln in August Monthly balance

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  9. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    , PPI reached 262 million in Q3 from 285 million in Q2, a drop of 8 percent quarter-on-quarter (QoQ..., operating expenses came to 686 million euros, down by 8 percent YoY. The cost-to-income ratio stood at 47... Eurosystem funding increased to 9 billion euros as at the end of Q3, from 400 million euros at the end

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  10. Piraeus Bank net interest income jumps to 420 mln in Q1, up 71 pct
    Image via www.piraeusbank.gr

    EconomyBanking

    trading income was 8 million euros, from 72 million in Q1 2022. Total operating expenses stood..., compared with 8 million euros in 2022. Balance Sheet Customer deposits were 57.17 billion euros in Q1... funding stayed at 5.5 billion, after a 9 billion euros repayment, from the 14.5 billion euros full

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