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Central government debt drops to 323.7 bln in Q3 on bond repayments
EconomyMacroeconomyflat for yet another quarter at 14.87 billion, making up 4.6 percent of total debt. Moreover, repos... million to 7.16 billion, while loans held by the Bank of Greece stayed flat at 3.32 billion... and 16.67 years respectively. The debt breakdown by residual maturity revealed long-term (more than 5
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Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
EconomyBankingin 9M 2014 as well as deferred tax asset (DTA) of more than 600 and 400 million for the two periods... percent QoQ to 491 million euros, reflects higher deposit NII and lower funding cost more than... the previous year. The net interest margin (NIM) remained almost flat at 2.7 percent QoQ, reflecting a loan
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyGDP had contracted 0.5 percent QoQ. The headline figure is slightly better than Reuters poll... in Q2 after a revised flat growth in Q1, while it increased by 0.8 percent YoY, after a drop of 0.8... contracted by 0.7 percent in the first half (H1) of 2016, while nominal GDP remained flat. In the course
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingprofits of 36.5 million euros, slightly lower than the Q4 2016 figure of 38.3 million. This largely.... Pillar II bonds stayed flat QoQ at 2.5 billion (nominal value). Management noted that a decrease... call, the management noted that so far loans had remained flat across Q2, while deposits have
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Newsletter 227 -08/11/2019
is the introduction of a flat tax aimed at convincing wealthy individuals to move their tax domicile. The non-dom scheme will offer anyone who declares their global income in Greece a flat tax of 100,000 euros.... Overall, the EC expects Greece to grow by 1.8 percent in 2019, which is lower than the 2.2 percent
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Tsipras makes unpopular choice for president, with eye on political balance
PoliticsGreek PoliticsFinance Minister Wolfgang Schaeuble about comments he made this week on feeling "pity" for Greek
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Athens bourse dives 10.54 pct on Monday, falling to lowest since June 2012
Economycontrol period to more than 75 percent. Investors remain extremely concerned about their capital needs... the FTSE/Large Cap index constituents, only one share remained flat and the other 24 stocks recorded...: Lamda Development (flat), Grivalia (-3.9 percent), Jumbo (-5.6 percent), Piraeus Port Authority
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Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBankingin Q4 from 34.8 percent in Q3. In the Greek market, the NPL ratio stayed flat at 37.7 percent. Moreover..., the bank remains confident it will meet its NPE reduction target of more than 2.5 billion in 2017..., with NII seen almost flat in 2017. Commission income rebounded 7.6 percent QoQ to 82.2 million. It rose
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Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankingremained almost stable QoQ at 97 million. Although, the NPE stock stayed flat at 32.4 billion, the NPE... 1.8 percent QoQ to 490.1 million in Q4 as the lower wholesale funding cost more than offset weaker... and reached 1.92 billion in 2016. Fee income stayed almost flat QoQ at 81.2 million. It rebounded by 3
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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomyalso represents the second straight negative reading. Moreover, GDP at current prices stayed flat QoQ... YoY following a decline of 0.8 percent in Q4. In 2016, GDP stayed flat on the back of a 0.6 percent... than the respective increase in imports (+3 percent). A month ago, the International Monetary Fund
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