Search
-
Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingthe conference call, the management said that the bank is on course to meet its NPE reduction target this year... call, the management noted that so far loans had remained flat across Q2, while deposits have... an improvement in deposit NII and lower funding costs. Lending spreads in Greece remained under
17% -
Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBankingpercent. It is worth noting that during the conference call, the management noted that the re... billion. During the conference call, the management said it expects a slightly positive bottom-line... flat QoQ at 436 million euros as the positive impact from the lower funding cost was outweighed
17% -
Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBanking, which the was cited as the best quarterly figure to date. During the conference call, management noted... strategic defaulters. Management noted during the call that to date, the bank has proceeded... to the positive effects of the going improvement of the funding cost being offset by the asset deleveraging
17% -
ND defends economic pledges as Kammenos repeats walkout threat
PoliticsGreek Politicselections, which many expect Prime Minister Alexis Tsipras to call in May. Macedonia name deal... Parliament and triggers a no confidence vote, which SYRIZA loses, forcing Tsipras to call snap elections... will be able to collect the levy instead of receiving state funding. The expected revenues from ENFIA
17% -
Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicson wage maturities If this proves to be correct, the government faces a challenge in finding... program review being carried out by the troika. It has struggled to reach this amount so finding... the impact that wage cuts would have on the party’s popularity. However, finding new savings could
17% -
Tsipras dismisses snap polls and new measures as review deal hangs in balance
PoliticsGreek Politicsare demanding.” Nevertheless, his confidence about not needing to call snap elections is based..., is for Tsipras to call snap elections in the hope that SYRIZA will be buoyed enough by its refusal to succumb... of the programme with funding and the European Central Bank to include Greek bonds in its QE scheme
17% -
Tsipras looks forward and puts emphasis on growth, MoU exit
PoliticsGreek Politicsinvestment to Greece. Regarding the former, Tsipras said he would call an immediate cabinet meeting... is completed before the end of the year. This also prompted Tsipras to call on the International... with funding or whether it will stand aside. “We can live with or without the IMF presence,” he said
17% -
Strike legislation, auctions present Athens with challenges in wake of SLA
EconomyProgrammeby the government is that the Communist Party (KKE) asked for a vote by roll call on the particular... to take place on Wednesday. The association representing notaries in Athens and Piraeus decided to call... for 2019 if the International Monetary Fund does not join the programme with funding. Reports over
17% -
Newsletter 372 - 03/03/2023
to call for April 9. At least 57 people, many of them young revellers returning from carnival... on when to call elections. There is speculation that the Tempe accident could lead to a postponement... for households, servicing of loans and access to funding for firms.MacroeconomyCharts
17% -
Cyprus cable dispute and Crete mafia case cast fresh clouds over TIF reset agenda
PoliticsGreek Politicswas a wiretapped phone call in which a defence minister agrees to intervene in favour a candidate... this year. Kammenos also mentions during the call that he is close to the incoming US ambassador... with the GSI, which has been approved for 657 million euros of EU funding. It follows separate statements
17%