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Stocks finish week on high after progress at Eurogroup
Economyby 15 percent in the last two weeks. However, they still record losses of 6.8 percent since... Exchanges (+6.7 percent) and Alpha (+6 percent). On the flipside, the biggest declines were posted... losses stood at 6 million in 2016 compared to 60 million a year ago, while its turnover fell by 5
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Ankara directs ire at Athens over ruling on soldiers as Cyprus talks drift
PoliticsForeign Policyfled to northern Greece after the attempted July 15 coup. In a statement issued on Thursday, Ankara..., including block 6, for seismic research and military exercises with live ammunition. Block 6
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Deposit interest rates broadly stable in March, average loan rate down slightly
EconomyMacroeconomyfor amounts above 1 million euros rose by 15 bps to 4.04 percent, while for amounts between 250,000 and 1... successive month by 6 bps to 4.47 percent, which is a new record-low since 2002. Overall, the modest drop in the average loan rate coupled with the stable deposit rate resulted in a slight drop of 6 bps
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Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
Economy, the top underperformers included Piraeus Bank (-7.6 percent), Ellaktor (-6 percent) and Folli-Follie (-5.5 percent). Overall, 15 out of the 25 FTSE/Large Cap Index constituents ended lower this week... percent quarter on quarter (QoQ) to 259 million. Piraeus Bank trimmed net losses to 6 million in Q1
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NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
EconomyBankingthat once the 2019 targets are achieved, NPL and NPE ratios will have been reduced by around 15...) and small business loans (-6 million). This led the group NPL ratio to stand at 34.1 percent from... other negative developments. Balance Sheet Eurosystem funding stood at 6 billion in Q3 from 8.4 billion
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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingratios will have been reduced by around 15 percentage points, with NPE coverage at around 55 percent... Greek banks are expected to increase provisions by roughly 6 billion euros. NBG noted that IFRS 9 adoption would push domestic NPE coverage up by around 6 percentage points to 61.3 percent
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Draghi sets out QE obstacles facing Greece
EconomyProgrammeto approve the disbursal of the final tranche of the third programme, which stands at 15 billion euros... refunds came to 6 billion euros, almost double the 3.3-billion-euro target but admitted that overdue debts increased by 6 billion euros last year.
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturescame into force, more than doubling from its previous level of 6 percent to 13 percent. The same... for Turkey and 6 percent for Portugal. The report goes on to suggest that a more favourable tax... the 15 percent annual special real estate tax provided that the hotel is fully operating. Hotel
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingmillion). Smaller increases were noted in mortgages (+15 million) and consumer loans (+6 million... to TLTRO-II, and 6 million from reduced ELA costs. On the asset side, lower average loan balances
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General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
EconomyMacroeconomyby 6 million, while non-gg entities fell by 15 million. Bank-related guarantees fell to 3.72 billion... billion to 21.21 billion, making up 6 percent of the total. In the year-to-date, repos have risen
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