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Yes or no, complex political developments lie ahead for Greece
PoliticsGreek Politicshours later. The first results are expected to be broadcast by 9 p.m. but it is not clear... of the result will only be available at 9 p.m. if there is more than 4 percentage points difference between “Yes” and “No” and that there is no delay in counting votes at the 10 percent of polling centres
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBanking. The bank said that recurring expenses increased by 9 percent QoQ to 324 million, due to seasonally... in fee income by 10 percent QoQ to 79 million. However, due a drop in other income, operating... that the ELA collateral buffer is currently estimated at 9 billion. Gross loans were kept stable QoQ
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Asking Greece to stack more austerity measures ignores past failings
Agora. (Page 10) Papandreou’s government had committed to 14.4 billion euros of fiscal consolidation... was that the 9 billion euros of austerity in 2011 would reduce the deficit by 4.9 billion euros to 17... to an additional 7.5 billion euros of further austerity (Table 9). Greece found itself running just to remain
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Greece’s embattled commercial steel market industry braced for more challenges
EconomyFeaturesglobal market share fall, from 22 percent of global production in 2001 to around 10 percent today... its case and the ENXE agreed to amend the methods and type of information its members share[9...-of-35-major-companies-in-2008-15 [9] http://www.capital.gr/story/3119263
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingcredit (-9 million) partly offset by a positive formation in mortgages (+82 million). However, due... until November 9. Since the end of June to date, ELA funding has been reduced by 2.7 billion to 13.1... half of 2017. The total pillar II cost amounted to 15 million in Q3, of which 10 million burdened NII
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Special ELSTAT report reveals dramatic changes in labour market since 1980s
EconomyMacroeconomyat a rapid pace in 2010, surging by around 10 pp per year in the next two years. It increased from... in the employment rate in the 2009–2015 period stood at -9 percent, with that for men (-13 percent) much higher... almost tripled from 3.3 percent in 1981 to 9.2 percent in 2005, it edged down to 9 percent in 2010
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Newsletter 132
be made for 10 years. He also pledged to reduce corporate tax from 29 percent to 20 percent, cut... the threshold for submitting VAT declarations to 25,000 euros and to introduce an initial tax rate of 9... in Industry rose by 8.6 percent in July after an upwardly revised growth of 9 percent in June, data from
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Newsletter 135 - 13/10/2017
on October 10 to bring down outstanding arrears ahead of review negotiations. Targets require... percent in July compared to a rise of 9 percent in June, Hellenic Statistical Authority (ELSTAT) data... the 1,000-mark for five consecutive months. The corresponding surface area rose by 9 percent, while
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Banks gear up for stress tests, with results due in May
EconomyBankingfinalised the results for the fiscal year 2017, along with the new IFRS 9 implementation for 2018..., 2.1 percent in 2019 and grow by 0.2 percent in 2020, a level deviation from the baseline of 10... IFRS 9 implementation Greek banks are expected to increase provisions by roughly 6 billion euros
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NBG remains profitable in Q2 with net results of 21 mln
EconomyBanking. The change was attributed to the one-off impact of IFRS 9 implementation in Q1 and the repricing... million in Q2 from a positive figure of 25 million in Q1. In H1, the figure showed a 10 percent decline to 9 million euros. Operating expenses rose by 3 percent QoQ to stand at 238 million euros
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