Search
-
Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets
EconomyMacroeconomyand approve the banks’ strategies for NPE reduction include: 1) Long- rather than short- term sustainable solutions 2) Coordinated deals of common borrowers with overdue loans in more than one bank 3
12% -
Moscovici tries to kill discussion of primary surplus targets as easing of capital controls cleared
EconomyProgrammeto MPs on July 11. The key measures included in the Greek proposal involve: 1) Abolition of withdrawal restrictions on ‘new’ money deposited with Greek banks 2) Transformation of the weekly withdrawal
12% -
Bank of Greece publishes revised Code of Conduct for management of NPLs
EconomyMacroeconomyBank of Greece published on Tuesday evening the revised Code of Conduct for the management of non-performing loans (NPLs) held by individuals and very small businesses (with turnover less than 1... below interest only and grace period. Longer term (higher than 2 years) settlements, taking
12% -
Newsletter 85 - 05/08/2016
official mosque, with almost 1 million euros of public funds. The legislation received widespread support... million in March and April. 2 Justice blind to the facts A deficit of reality and a surplus
12% -
Greek stocks fall 1.5 pct, banks underperform for third straight week
Economyto increase Piraeus Common Equity Tier 1 (CET1) ratio by 5 basis points (bps). Titan said on Tuesday... net profits by 33.6 percent to 19.4 million with revenues up by 2 percent to 262.6 million, while
12% -
Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
EconomyMacroeconomyCredit contraction in the Greek banking market decelerated to 1.6 percent in July from 2 percent in June, Bank of Greece (BoG) figures showed on Friday. The July headline figure represents the slowest rate of drop over the past twelve months. Loan balances fell by more than 1 billion euros from
12% -
Eurobank remains profitable with net profits of 46.2 mln in Q2
EconomyBankingdropped by 2 percent in the first half (H1). Cost containment in the bank’s Greek operations was more... in Q1 and 134.3 percent a year ago. The phased-in Common Equity Tier 1 (CET1) ratio, pro-forma
12% -
Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomycontracted by 2 percentage points (pp) from last year to 19.8 percent, while that for women recorded half of this drop, falling by 1 pp to 27.8 percent in June. The breakdown by age displayed lower
12% -
Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek Politics, the steps are: 1) Completion of the next programme review, 2) Defining debt relief measures, 3) Greece’s
12% -
Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln
EconomyMacroeconomystood at 4.08 billion, down 7.1 percent from last year. The adjusted figure edged up 2 percent to 30.71 billion in the 8-month period. Interest payments decreased 1 percent in August and 7 percent
12%