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China's footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agoradelegation proposed the establishment of the “China-CEE Investment Cooperation Fund”; [2] a year... billion! [3] For countries participating in the 16+1 framework, Chinese capital and infrastructure... countries increased from USD 400 million in 2009 to roughly USD 3 billion in 2016. The geographical
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
Economyto around 2 percent in 2014 (from -3 percent before), in line with official estimates, on the back... retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet... released before three months. Private consumption is seen growing by 0.5 to 1 percent (from -2
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyits GDP forecasts, which now point to a recession of 2 (in the baseline scenario) to 4 percent... balance of 1 to 0.5 percent in 2016 and a primary surplus of 2.25 to 2 percent in 2016. However... recapitalization of 25 billion 2) Debt amortization of 33.8 billion, which increases to 35.9 billion including
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Newsletter 46 - 09/10/2015
to be implemented by 15 October to unlock the first subtranche of 2 billion euros incorporates a first...-set relates to the: 1) adoption of a roadmap for the investment licensing reform, 2) establishment of three mobile enforcement teams on anti-smuggling, 3) reconvening the inter-ministerial spatial
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economyin September and 3 percent in the 9-month period to 16.43 billion, 194 million short of the revised... percent in September, after easing by 2 percent in August, yet the 9-month figure fell by 6.8... of the FY target of 750 million) 2) Other social security funds expenditure (at zero versus an annual target
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgrammevalues for the scores, ESM noted that a score of less than 2 corresponds to high vulnerability, between 2 and 2.5 to elevated, between 2.5 and 3 to moderate and a score above 3 means low vulnerability... with elevated risk since 2005. They turned to high risk since 2009. The Greek score hovered between 2 and 2.2
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Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
EconomyBankingin business loans and 2 million in consumer loans, which offset a rise of 31 million in mortgages. NPL... 3 which led to lower accruing balances. This was offset by deposits picking up and the reliance... income came to 278 million euros in 9M, rising by 3 percent YoY. In Q3, the figure came to 130 million
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Newsletter 236 -24/01/2020
and people from areas affected by natural disasters, of which an estimated 3 billion euros turned red during the crisis. The banks are calling for more than 2 billion euros of state guarantees, otherwise... euros for investments and 2 billion euros for tax relief. The government is searching for over 2
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Newsletter 250 -11/05/2020
not seem to be having an impact on ND’s popularity, which has actually increased by 3 points since... percent. Primary cash surplus at 774 mln in March Study suggests 1 in 3 employees could work remotely... in the EU at less than 2 percent of those employed saying that they usually work from home. Based
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBanking). Net Interest Income (NII) in 9M came to 1.11 billion showing an increase of 3 percent YoY.... In Q3, NII reached 380 million, higher by 3 percent QoQ. Asset quality NPEs fell by around 600 million... was backed by management of the bank which decided to cancel the CoCo interest payment due on 2
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