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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economyof all remaining capital controls. The rating agency also sees as a trigger for an upgrade
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomycapital formation declined by 12.2 percent last year and is seen as rising by 10.1 percent this year
2% -
Newsletter 205 -10/05/2019
investment budget. Overall, gross fixed capital formation declined by 12.2 percent last year and is seen
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Industrial production drops by 2.7 pct in Mar
EconomyMacroeconomy(-4.3 percent) and capital goods (-3 percent). Meanwhile, consumer non-durables rose by 10.8 percent
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Industrial turnover drops by 6.7 pct in March
EconomyMacroeconomy), capital goods (-6.5 percent), intermediate goods (-4.9 percent) and consumer non-durables (-1.5 percent
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Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingpercent in Q4 2018. Capital The Common Equity Tier 1 (CET1) ratio stood at 17 percent, down by 41 bps
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Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingto deposit ratio improved further to 91.7 percent, from 92.6 percent at the end of 2018. Capital
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingof 687 million euros. Capital The CET1 ratio as of Q1 2019 was 13.7 percent on a pro-forma basis
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingname Pillar. The transfer of the 7-billion-euro pile is expected to cause capital requirements
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Industrial production drops by 0.8 pct in Apr
EconomyMacroeconomyof 12.4 percent. This was followed by capital goods (-8 percent) and energy (-5.9 percent). Rises were
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