Search
-
Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agorawas reduced by more than 2.2 billion QoQ to 80.4 billion euros, with the NPL ratio landing at 34.8... at a slower rate than NPLs. It declined by 1.6 billion euros QoQ to almost 112 billion, while the NPE... stayed almost flat QoQ in Q4, while the full year figure edged up 0.9 percent. The NII performance
23% -
ESM takes stock of Greece's sovereign vulnerability
EconomyProgrammevalues for the scores, ESM noted that a score of less than 2 corresponds to high vulnerability, between... to 2 (from 1.5). In addition, it remained broadly flat in private leverage, credit and real estate... best score of 2.4 in the fiscal position category is higher than that for Spain and Portugal
23% -
Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingfor the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1.... During the conference call, management reiterated that it expects NII to stay flat in the course... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected
23% -
Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyprogramme review, the Central Bank funding has been slashed by 38.79 billion with more than 62 percent.... The Eurosystem funding composition stayed broadly flat from the previous month with ELA funding making.... Nevertheless, they still stand more than 11 billion above the November 2014 figure of 30.14 billion
23% -
Newsletter 150 -26/01/2018
settled at 3.5 percent and matching the pre-sales demand, it was finally oversubscribed more than twice... consecutive quarters was in 2006, the Commission notes. While private consumption remained flat during...-on-year basis, the figure is 94,071 higher than that for the same time last year. The change
23% -
MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammebalance. According to the finance ministry, Greece will grow by 2 percent in 2018, lower than its... percent in 2022. All estimates are marginally lower than last year’s MTFS when the economic recovery..., to 6.9 billion in 2022, but will stay broadly flat at around 3.3 as a percent of GDP. These forecasts
23% -
Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammea flat overall level of inflation over the same period,” Dolman added. The Fund official..., stressed the need to focus on the medium- and long-term, rather than “short-term popular measures... than 5 percent. “The Greek authorities have informed us that they hope to prepay the part
23% -
Government opts for modest tax relief, but who will benefit?
EconomyFeaturesto this change, making the impact on disposable income little more than symbolic in absolute terms. Earners... than that implied by the broad pre-election pledges, which could easily have cost in the region of 1.3... Revenue Authority. The trade tax, a flat tax on registered businesses and self-employed
23% -
Opposition questions true scale of PM's handouts, as speculation grows about snap polls
PoliticsGreek Politicsas a “mockery” of the young, claiming that ND’s hiring bonus is less generous than the work... inevitably revived speculation about snap elections, which was only fanned by Mitsotakis’s flat denial..., and the better-than-expected revenues from this year’s tourism season give ND scope to flex its
23% -
SYRIZA attempts to corner ND with media influence inquiry
PoliticsGreek Politicsto rally the opposition against ND have fallen flat, however party insiders are also excited..., the government has signalled that rather than blocking it, it will attempt to broaden the scope to include... is clearly hoping that the anti-ND front will prove more lasting and more effective than its recent
23%