Search
-
Three things to watch out for in today's Greek elections
PoliticsGreek Politicsfactor to watch, which will be the level of support that goes to parties which do not pass the 3... New Democracy. SYRIZA majority? A survey by GPO for Mega TV published on Thursday gave SYRIZA 6... support of around 5 or 6 percent, as was the case in 2012. With 6 percent going to non-parliamentary
19% -
Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyon total new deposits eased 6 bps to 0.49 percent, which also points to a new low. Loans... euros slipping by 3 bps to 4.83 percent. For lower amounts, the respective rate stood at 5.62 percent... to 14.66 percent. The interest rate for loans to sole proprietors eased by 3 bps to 7.44 percent
19% -
Athens meets bond targets despite testing market conditions
EconomyMinistry provided the details of the transaction for the 3 billion notes due 15 February 2025... oversubscribed in excess of 6 billion euros from around 210 investors, which permitted the pricing... at 9:00 GMT on Thursday with an initial guidance of 3.75 percent and interest grew in excess of 6
19% -
Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign Policyto reach Cyprus' block 3 for hydrocarbon research when it was impeded. Turkey is currently conducting military exercises close to Cyprus's Block 2 and 3 and has blocked the area using a NAVTEX... in Cyprus' block 6. On his return to Ankara, Erdogan revealed that his government was uncomfortable about
19% -
Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
EconomyBanking3 which led to lower accruing balances. This was offset by deposits picking up and the reliance... income came to 278 million euros in 9M, rising by 3 percent YoY. In Q3, the figure came to 130 million, a strong increase of 74 percent QoQ. Operating expenses fell by 6 percent in Q3 to 249 million euros
19% -
NBG profits up to 714 mln in 9M as NPE ratio is reduced further
EconomyBankingin 2020, was up by 6 pct at 1.11 billion euros. Asset quality NPEs continued to drop, standing at 3.7... exited moratoria as of the end of last year and less than 4 pct as of November is in default, at 3 billion euros. The bank’s guidance for next fiscal year is 1.8 billion euros of NPEs and a ratio of 6 pct
19% -
NBG reports profits of 833 mln in 2021
EconomyBankingare in default, at 3 billion euros. The bank’s guidance for 2022 is 1.8 billion euros of NPEs and a ratio of 6 pct by the end of 2022. P&L Net interest income (ΝΙΙ) rose 3 percent YoY to 1.21 billion, unchanged... euros. Operating expenses in 2021 were limited to 783 million euros, a 6 pct drop YoY. Balance Sheet
19% -
Newsletter 380 - 12/05/2023
a point to 8.5, KKE is at 6 pct, MeRA25 on 4 pct and Greek Solution on 3 pct. There is still.... PASOK is stable at 9 pct, while voting intentions for KKE are 6 pct, followed by MeRA25 at 3.3 pct... they are leaning towards supporting, 11 pct say ND and 11 pct say SYRIZA, followed by 6 pct for PASOK
19% -
Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgrammesecured by the increase in the health care contributions for pensioners from 4 to 6 percent for main pensions and from 0 to 6 percent for supplementary pensions, with targeted annual revenues of 854 million... consolidation of main pension funds, average cut in supplementary pensions by 6 percent due
19% -
Annual debt strategy almost wrapped up with 5-year bond, at 3.92 pct yield
Economywith a yield of 3.92 pct. Following the inaugural 10-year issue of January that drew 3. 5 billion euros from the markets, Greece has attracted 6 billion euros and is near the 7 billion euros... States was at 6 pct. Banks and Private Banks had the largest share with 44 pct, followed by fund
19%