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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingto 70 percent from 70.6 percent. In the Greek market, the NPL ratio fell slightly to 36 percent from... percent to 217.1 million QoQ. In H1, the figure fell by 2 percent YoY, with the decline coming to 3.4... quarter. Balance Sheet Eurosystem funding declined by 2 billion euros QoQ to 5.1 billion in June
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomygrowth at 2 percent. For next year, GDP growth is revised upward to 2.4 percent, from 1.8 percent... previously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP... by 24 percent, the declines involved a 36 percent fall in GDP and the downturn lasted 8 years
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Newsletter 192 -01/02/2019
euros previously. This will translate into an increase of 40 euros per month, from 36 currently... for everyone. This would have short-term benefits. But without attracting around 2 billion euros a year in FDI, the study concluded that Greece would remain stuck in a low-growth economic pattern. 2
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Newsletter 208 -31/05/2019
on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions... vote mean that some pollsters believe that between 36 and 37 percent could be enough to clinch the July... of an issue,” he told the Cyprus News Agency. 2 Primary surplus confirmed at 1.46 bln in April Higher
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A sudden turnaround that could lead to sharp shock
Agorato close a fiscal deficit of 36 billion euros, or 15 pct of GDP. How the economy reacted to that shock... businesses, or 90 pct of the active total, being under some sort of support, encompassing a total of 2.... The Finance Ministry plans to commit up to 2 pct of GDP in the form of direct support, which
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Newsletter 267 -02/10/2020
but actually took place at around 36 days. This contrasts to an EU average of 23 days for scheduled... households,19.1 percent of the budget is spent on food. 2 Budget primary at deficit of 5.48 bln in August... September 2018 when it dropped to -42.7. Retail trade fell by 2 points month-on-month to -20.3 points
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Banks intensify balance-sheet clean up with securitisations, new bonds
EconomyBankingthe Vega and Phoenix transactions, Piraeus Bank’s NPE ratio will be reduced to 36 percent from 47... as joint lead managers for a 500 million-euro issue of subordinated Tier 2 bonds. If comes after the bank.... The Tier 2 bond issue will bolster the bank’s capital adequacy by about 150 basis points
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Newsletter 296 - 14/05/2021
of 36 points since last summer. New Democracy will hope that this is a temporary blip... rate by 2 pct points. The deficit is seen dropping significantly to 3.2 pct of GDP by 2022. After... households. Ongoing legal challenges regarding previous reforms remain a risk. 2 CPI falls by 0.3 pct YoY
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NBG posts 557 mln profit in Q1
EconomyBankingpercent QoQ from 314 million in Q4. Net fee income fell 2 percent QoQ to 67 million in Q4 The bank’s.... The significantly lower funding terms under TLTRO III, coupled with the repricing of time deposits by 36 bps YoY to 16 bps in Q1, led to a improvement of the bank’s blended funding cost to nearly zero in Q1 (2 bps
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Newsletter 403 - 24/11/2023
and eight other MPs announced their departure, leaving the main opposition party with 36 MPs... to 6.7 billion euros. Spending will be higher by almost 2 billion euros, with the rise in the public..., during which the country needs to deliver large primary surpluses in the region of 2 pct of GDP
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