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Technical MoU provides more detail on fiscal brake, arrears and privatisations
EconomyProgrammemechanism adopted recently, the technical MoU clarifies that, in case it is activated, the net fiscal..., net of EU transfers to the Greek budget for migration-related costs, are excluded from... that the government has cleared net arrears for an amount equivalent to 80 percent of the previous disbursement
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HELEX H1 2016 results show continuing drop in profits
Economythat the net profits of the group came to 3.2 million euros compared to 5.4 million euros in H1 2016... half results could be gauged from the group’s Q1 2016 results, where net profits fell by 54 percent, fuelled by Greece’s rocky economic outlook. Annual results for 2015 showed a fall in net
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBankingNational Bank of Greece (NBG) recorded net losses of 3.06 billion in the second quarter (Q2... and capital. Excluding this extraordinary item, net losses stood at 26 million in Q2 from profits of 26... million, mainly reflecting lower costs related to pillar II bonds. Net interest income (NII) edged up 1
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Greek stocks drop 1.5 pct during week, banks post losses of 7.7 pct
Economyon the sidelines. Corporate news Piraeus Port Authority (OLP) posted net profits of 1.6 million... Power Company (PPC) net profits fell to 57.1 million in H1 from 105.6 million last year, with turnover... (EYDAP) said H1 net profits edged up 1.5 percent to 17.3 million reflecting a rise in turnover by 1.8
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Greek stocks climb 5 pct on week led by double-digit bank gains
Economyin the scheduled semi-annual index review. Corporate news Grivalia Properties’ net profits tumbled 62... that showed net profits improved to 31 million from 20 million in the previous quarter. The bank also... displayed an increase in its net profits to 85 million in Q3 from 46.2 million in Q2, while updated
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Newsletter 98 - 02/12/2016
, with net deductions falling to 308 million in October from 355 million in the previous month. The negative lending flow reflects net deductions of 184 and 88 million in the household and corporate sectors, respectively. Overall, net deductions stood at 3.17 billion in the 10-month period, 4 percent
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Greek stocks fall 1.5 pct on week, banks edge up 0.6 pct
Economynet profits to 1.9 million from 5.6 million a year ago on the back of a 10.8 percent decline in its turnover to 20.6 million, while EBITDA fell by 16.6 percent to 7 million. Folli-Follie’s net profits... in the third-quarter (Q3) with net profits of 41.1 million from losses of 16.8 million in Q2
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Newsletter 99 - 09/12/2016
the beginning of the year. Overall, net revenues beat the target by 70 million in November and by 2.44... be mindful of the following: the decision will be characterised by the Fund becoming a net extractor, not a net contributor, of financial assistance to Greece. Put otherwise, the amount made
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Newsletter 109 - 03/03/2017
controls at the end of June 2015. Specifically, the net inflow of banknotes to the domestic banking system... largely stemmed from non-financial corporations, which recorded a net positive flow of 5.2 billion. 2... remained steadily in negative territory since the beginning of 2011, with cumulative net deductions
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OECD outlines five priorities for Greek reform agenda in 2017
Economyand households. For Greece, the OECD identified five priorities related to the social safety net, network... of the social safety net, with the aim of reducing poverty and inequality. The OECD recommends the full...-search, training policies and the social safety net. Following the unbundling of the electricity
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