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Improving car sales in Greece continue with 27.9 pct rise in May
EconomyMacroeconomyΤhe number of road motor vehicles (going into circulation for the first time) continued posting... figures showed the number of road motor cars stood at 13,000 in May, which is the highest reading over the past 4.5 years (since January 2011). The bulk (more than 85 percent) of road motor cars stem
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After Q3 results, what next for Greek banks?
Agoraof voluntary retirement schemes (Eurobank and Piraeus) and cost synergies from recent acquisitions...) ranged from a low of 49 percent for Eurobank and Piraeus to a high of 55 percent for National... threshold), National at 9.4 percent (moderate capital buffer of 200 million) and Eurobank at the low
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What do EBA tests reveal, or fail to highlight, about Greek banks?
EconomyGreek banks (Alpha, Eurobank, National and Piraeus) that participated in the EU-wide exercise... (according to CRD3 rules) at 14.4 percent (from 13.9 percent in first half results), Eurobank at 12.4 percent... the material difference (4.3 percentage points) of Eurobank ratios under the two methodologies
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ECB tests find negligible capital shortfalls at Greek banks
Economy(Eurobank) appearing to have a capital shortfall and even in that case it being less than 18 million... shortfalls, whilst Eurobank and National (NBG) displayed a capital shortfall of 71 and 273 million... no shortfall and Eurobank has practically no shortfall. This seems an indirection of the country report
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Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomy) of 2016 ENFIA stems from 7.37 million individuals that would have to pay a total amount of 2.71... were due to a pay a slightly higher amount of 2.83 billion. In addition, 55,244 legal entities are due to pay a total of 466.8 million euros this year, up by almost 10 percent from last year’s figure
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Car sales up by 29.5 pct in Mar for 19th straight rise
EconomyMacroeconomyΤhe rate of increase in the number of road motor vehicles going into circulation for the first time... the number of road motor cars stood at 10,347 in March, which is the highest reading since July 2014. More than 80 percent of March road motor cars relate to passenger cars. The aggregate figures for the first
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Car sales soar by 47.2 pct in April for 20th straight monthly rise
EconomyMacroeconomyΤhe number of road motor vehicles (going into circulation for the first time) soared... successive month (since September 2013). In absolute terms, the number of road motor cars reached 11,611 in April, which is the highest reading since July 2011. More than 85 percent of April road motor
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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgramme’s 37-billion-euro “Corona Response Investment Initiative,” which will be directed at health care
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Turkey closes borders, Greece keeps up pressure
PoliticsForeign Policyissues the Ministers also talked about ways to restrict the spread of corona virus. New challenges
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Mitsotakis urges EU to act after European Council stalemate
PoliticsGreek Politicsto have earlier called for a so-called “corona-bond” to be issued to give governments the necessary
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