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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankinga loss of 80 million euros compared to a net profit of 12 million in Q4 2017. Results for operations.... Operating expenses fell by 6 percent YoY, excluding the extraordinary cost associated with the 2018... provisions stock over the last 12 months and boost fee and commission income, which would bear fruit
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Details of bond issue give Athens boost in bid to establish market access
Economyintention to launch the new 5-year GGB on Monday, January 28 at 12:25 local time. Strong support... million euros from the joint-bookrunners, and at that point the books officially opened at 12:55 local... participating. The order book had exceeded 6 billion euros for a 3 billion euros issue. The bond
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A snapshot of the Greek economy
Agoraor 6 percent more than those recording the same period last year (January 2018). Of those, 50.76percent have been seeking a job for more than 12 months, while the vast majority is female (61.9percent... less than those in January 2018. From this group, those who have been unemployed for more than 12
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Strong showing in local elections for ND as it targets majority in national vote
PoliticsGreek Politics) on 4.5 to 6.5 percent, neo-Nazi Golden Dawn with 4 to 6 percent, while ultra-nationalist Elliniki... one seat), SYRIZA will gain 74 seats, KINAL 23, KKE 16, Golden Dawn 15, Greek Solution 12 seats... seats, SYRIZA 77, KINAL 25, KKE 17, Golden Dawn 15 and Greek Solution 12. Venizelos The build-up
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Newsletter 209 -07/06/2019
, neo-Nazi Golden Dawn with 4 to 6 percent, while ultra-nationalist Elliniki Lysi (Greek Solution... will gain 74 seats, KINAL 23, KKE 16, Golden Dawn 15, Greek Solution 12 seats and Mera25 9 seats. Under... 25, KKE 17, Golden Dawn 15 and Greek Solution 12. In an interview with public broadcaster ERT
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What brought down Golden Dawn?
Societyof the second MoU, their support in opinion polls skyrocketed from 1.5 percent at the end of 2011 to 12... 12 percent of those who had cast a vote for Golden Dawn in September 2015 switched to Greek..., 6 percent to SYRIZA and 5 percent to Greek Solution. Rather than supporting the theory
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBanking. Pre-provision income (PPI) rose by 12 percent quarter-on-quarter (QoQ) to 210 million. When excluding... the September 2015 peak, NPEs have fallen by 12 billion euros. Management noted that it has concluded the sale... million euros, showing a YoY rise of 6 percent. Ancillary fee volumes continued to show
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Greek banks eye positive market appetite for bad loan sales
EconomyBanking44 percent in 2019. Hercules offers up to 12 billion in state guarantees for the senior tranches... a mixed portfolio, which carries a total gross book value of 12 billion euros. Up to 3.7 billion euros... 6 billion euros-worth of loan securitisations in the first half of 2020. After securitisation
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomymillion euros to 147 million euros. Interest paid and subsidies both rose by 12 million euros. A drop... decrease came from tax refunds with a drop of 55 million euros. This was followed by hospitals (-12... entities dropped by 6 million euros month-on-month, while non-gg entities fell by 1 million. With bank
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingeuros in Q4 from 11.6 billion in Q3. In the last 12 months, NPEs have been reduced by 4.7 billion... of around 6 billion euros set to launch when market conditions allow. Since 2015, NPEs have been reduced... 366 bps in Q3. Net fee income increased by 12 percent QoQ to 68 million in Q4, driven by wholesale
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