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Newsletter 274 -20/11/2020
the ban on gatherings, had put a reported 6,000 police on the streets to deter protesters... to contain and turn back protestors, detaining more than 100 in the process, was used as proof... of Public Revenues (IAPR) has shown. New tax debt totalled 3.90 billion, lower than the figure
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Newsletter 436 - 11/10/2024
votes more than his experienced rival. Doukas, who only took up his position at Athens City Hall... of just over 300,000 is considered satisfactory, especially given that it was higher than in the 2021... chances of unseating Androulakis. The turnout on October 6 was some 30,000 higher than in the 2021
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Alpha Bank posts loss of 94.1 mln in Q1
EconomyBanking. This year’s financial performance showed a pre-provision income (PPI) of 250 million euros from 72 million... Eurosystem funding was contained by 1.6 billion year to date implying a much slower contraction compared
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingfrom gains of 17 million in Q3, which more than offset lower operating expenses and a positive impact... income (PPI) - excluding trading income and one-off expenses – fell 10.8 percent QoQ to 251.6 million... of 120 million in 2015. At the end of 2014, the group’s headcount was reduced by more than 1,740
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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingimpairment losses. Core pre-provision income (PPI) fell by 10 percent quarter on quarter to 227 million..., the NPL stock declined further by more than 1 billion QoQ to 24.38 billion in Q4 from 25.35... was more than offset by loan deleveraging and further pressure on loan spreads. For the whole year, NII
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Eurobank posts Q1 net profit of 70 mln
EconomyBankingmillion compared with the same quarter of 2020. Core pre-provision income (PPI) rose by 3 percent year..., Eurobank said that fewer of its loans turned sour than it expected in the first quarter, as pandemic... is coming from low new NPE formation, significantly better than expected.” Asset quality The stock of non
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PM abandons reticence over Tempe, portrays himself as defender of institutions
PoliticsGreek Politics, it confirms that there were no suspicious containers on the freight train. He argued that this would be definitive proof that the authorities have not been hiding anything and would put an end... hour”, Mitsotakis might encounter a reluctance among his lawmakers to put themselves in a position
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Greece and the euro: The flight of Icarus
Agora. When one considers that Greece accounts for less than 4 percent of the eurozone’s total debt or GDP... retirement age was the same as in Germany, where most pensioners earn less than 800 euros (or 1,000 dollars) a month, where civil servants make up less than 20 percent of the workforce and where public
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Survey sheds light on sentiments in lockdown, as govt backpedals on voucher scheme
PoliticsGreek Politics-learning for children. More than 8 in 10 believe that the digital revolution will accelerate...). More than half of respondents said that their finances have already been affected by lockdown... nonsensical translations and garbled sentences suggesting that the materials had been hastily put together
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomyare expected to be less severe than the crisis period of 2009-2016. Specifically, the organisation noted... scenarios, unemployment is forecast as increasing further in 2021 rather than reducing, and reaching... and firms’ liquidity put in place this year should be continued as needed. The ECB’s decision to include
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