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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingthat took place in 2015, Piraeus Bank had issued 2 billion euros of convertible bonds (CoCos) that pay... billion euros of NPEs through two portfolios: Phoenix, which is worth 5 billion, and Vega for 2 billion
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Newsletter 278 -14/12/2020
are aiming to vaccinate more than 2 million Greeks next year, but recent opinion polls indicate... Greece bank. 2 Wages index up by 3 pct YoY in Q3 Quarterly figure shows drop of 1.5 pct versus Q2
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Newsletter 280 -15/01/2020
of March, allowing almost 2 million people in high-risk groups to be inoculated, thereby easing... between non-gg (5.82 billion) and gg (3.40 billion) entities. 2 Employment balance positive by 2,116
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Newsletter 282 -29/01/2021
this year at regular intervals. 2 Budget primary at deficit of 18.20 bln in 2020 Primary balance..., as mentioned, 909 million euros or 2 percent above than the target of 46.45 billion euros. Meanwhile
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Greece - On the importance of productivity growth
Agoraof productivity growth recovering to around 1 percent a year. We also accept this assumption for Greece. [2... acknowledge that the costs of climate change are not included in this representation. [2] Some
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Newsletter 283 -05/02/2021
request submission for Hercules on the securitisation of the Phoenix portfolio worth 2 billion euros... to the central bank. 2 PMI rises to 50 points in January Figure signals unchanged operating conditions
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Banks intensify balance-sheet clean up with securitisations, new bonds
EconomyBankingas 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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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBanking. For 2020, core PPI came to 610 million euros, a rise of 2 percent year-on-year (YoY). The bank also.... P&L Net interest income (ΝΙΙ) rose 3 percent QoQ to 314 million. In 2020, NII fell by 2 percent
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CPI down by 1.6% in March, marking 12-month continuous drop
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year in March, following a drop of 1.3 percent in February and a decline of 2 percent in January, Hellenic Statistical Authority... the services index fell by 1.3 percent YoY. The harmonised index of consumer prices (HICP) fell by 2 percent
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PM looking to build on RRF approval to augment profile as moderniser
PoliticsGreek PoliticsCommission has indicated that it expects 1 percent of GDP to be added this year, 2 percent next year and 2.5... 2.3 billion in grants and close to 2 billion in loans) to be made in July, with close to 8 billion
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