Search
-
Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingAlpha Bank reported net profits of 27.5 million euros for the first quarter (Q1) of 2019, improving on the net loss of 1 million euros noted in Q4 2018. The net profits in Q1 2018 stood at 65.2... percent in Q4 2018. Capital The Common Equity Tier 1 (CET1) ratio stood at 17 percent, down by 41 bps
8% -
Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingyear came to 196 million euros. Net interest income (NII) rose by 1 percent QoQ to 360 million... percent in Q4. P&L As mentioned, NII stood at 360 million euros, showing a rise of 1 percent QoQ
8% -
CPI edges up by 0.2 pct in May
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 0.2 percent in May following a rise of 1 percent in April, figures from the Hellenic Statistical Authority (ELSTAT) showed on Monday. May’s reading... and a 1 percent rise in alcoholic beverages and tobacco. Smaller rises ranging between 0.5 percent
8% -
Parties' competing tax pledges come up against challenging reality
EconomyFeatures3,000 euros and yields additional tax revenues of 1 percent of GDP. According to the legislation... billion euros, while SYRIZA’s would range between just under 1 billion and 1.5 billion euros
8% -
Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomy(ECB) funding, along with a fall of 1 million euros in Emergency Liquidity Assistance (ELA). ECB funding in May came to 8.07 billion euros as mentioned, along with ELA funding totalling just 1
8% -
ND to highlight range of policy proposals after emphasis on tax cuts
PoliticsGreek Politicssuch policies with his rivals on July 1 as a cross-party committee agreed that the only televised... to believe that the July 1 discussion will be any different. New Democracy’s emphasis will likely
8% -
Industrial production falls by 1.2 pct in May
EconomyMacroeconomy(+1.6 percent) and capital goods (+1 percent). A drop of 10 percent was noted in energy production..., industry confidence has improved by 1 point. Additionally, Markit’s manufacturing PMI came to 52.4
8% -
ND moves on to next bill after first round of tax cuts approved
PoliticsGreek Politicsmore than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax... will be reduced from 5 percent to 3 percent. Furthermore, business that owe up to 1 million euros
8% -
Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
Economy, Greece could issue 26-week T-bills just short of 1 percent with the eight issues of this duration... for the 52-week T-bills, which closed 2018 with a yield of more than 1 percent, to drop under 0.5 percent
8% -
Support for euro grows in Greece, strong mistrust of EU easing
Society(+1 pps versus autumn 2018) and 93 percent saying that it was bad (-1 pps versus autumn 2018). When
8%