Search
-
Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln
EconomyMacroeconomyis equally split between short-term (up to 1 year) and medium-term (1 to 5 years) debt. Meanwhile, Greece’s
10% -
Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomyperiod, slightly down by 1 percent from last year, yet beating target by 2.65 billion. Revenues Revenues.... Overall, net revenues edged down by 1 percent in July, while increased by 4.5 percent to 25.95
10% -
Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingmillion in Q1, while stood close to 1 billion a year ago. Last quarter’s NPL formation mostly stems from..., this figure could be impeded by taxpayers’ obligations in H2. The bank’s Common Equity Tier 1 (CET1
10% -
IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct
Economyof 0.7 percent of GDP, still remaining more than 1 percentage point lower than the programme target... revenues (as a percent of GDP) are expected to drop by around 1 percentage point per annum
10% -
Second review to resume in Athens under severe time pressure
EconomyProgrammein the 10-month period, the institutions have identified a fiscal gap of 1 billion, according to reports. Part... to 1,600 euros (from 1,900 euros currently) is estimated to result in savings of 1 billion. NPL
10% -
Unemployment rate falls to 23.1 pct in September, lowest since March 2012
EconomyMacroeconomyold) to 46.1 percent and in the 35-44 years old group to 19.1 percent. A smaller decline of 1 pp.... On the flipside, the jobless rate for the older Greeks (55-64 years old) rose by 1 pp to 17.7 percent
10% -
Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomybps to 5.42 percent, while the rate for loans between 250,000 and 1 million euros declined by 49 bps to 4.84 percent. A smaller decrease of 37 bps was recorded in corporate loans for amounts above 1
10% -
CPI stays flat in December, falls by 0.8 pct in 2016
EconomyMacroeconomydecreased at a slower pace of 0.6 percent in December after declining by 1 percent in the previous... the CPI rose by 1 percent. This was mostly on the back of a double-digit rise in clothing
10% -
In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBankingbillion, almost 1 billion above the respective figure a year ago and mostly relate to denounced loans... respectively. Starting from a fully-loaded Common Equity Tier 1 (CET1) ratio of around 17 percent
10% -
Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingthat it corresponds to 1 euro per 10,000 euros of card transaction value and to 1 transaction per 8,000 card
10%