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ND to highlight range of policy proposals after emphasis on tax cuts
PoliticsGreek Politicsfrom 28 to 20 percent in two years, while dividend tax would immediately drop to 5 percent from... leaders’ debate ahead of the July 7 vote election will be held then. SYRIZA had been hoping... to changing the electoral law so that the next general elections after July 7 are not held using
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From a tsunami of debt to some sense of normality
Agora. Halfway through the year, the PDMA has achieved its goal. It has issued three bonds of 5-, 7... Management Agency (PDMA) had a provisional goal of issuing a total of just 7 billion euros of new debt
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingpercent to 442 million euros. Piraeus Bank’s net fee and commission income increased by 5 percent YoY... a fall of 7 percent YoY. The cost-to-income ratio stood at 53 percent on a recurring basis for H1... fell by 7 percent YoY to stand at 408 million euros in H1. Alpha Bank’s net fee and commission
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Newsletter 234 -10/01/2020
increased by 5.2 percent. Month-on-month (MoM), the index dropped by 5 percent after a downwards... October 2007, when the index came to 110.3 points. Trade deficit rises by 7 pct in November Aggregate... by an increase in imports compared to exports. Greece’s trade deficit rose by 7 percent year-on-year (YoY
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBanking. Of the total, around 18 billion euros will be used to support businesses and 7 billion... around 7 billion euros as well under the government's plans. Guarantees of 2 billion euros.... ِAn additional 5 billion euros of loans will include 2 billion euros of state guarantees, 1 billion
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Newsletter 251 -22/05/2020
and guarantees, of which 7 billion have already been spent. The main tool for supporting employment... will be provided through a range of schemes, including 7 billion euros of loans backed by the Hellenic Development... breakdown by residual maturity showed that long-term of over 5 years debt made up 75.4 percent
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Apartment prices rise by 6.9 pct in Q1
EconomyMacroeconomyin 2019, against an increase of 2 in 2018. Apartments over 5 years old saw prices increase by 7 in 2019... on revised data, apartment prices increased on average by 10.4 percent in Athens, 7 percent
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Greece grapples with second Covid-19 wave as cases soar
Society. Eighteen patients were in ICU, and the seven-day moving average showed 7 cases. Primary schools.... The seven-day moving average had crept from 7 cases 20 days earlier to 18 cases. Attica remained... of Greece which captured the start of what would have been the summer high season, Greece lost almost 5
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBankingon the Phoenix and Vega NPE securitisations via the Hercules scheme, which have a total gross book value of 7... percent in Q3 compared to 51 percent a year ago. Recurring staff costs declined by 7 percent YoY... the bank’s 2020 target for 5 billion euros in new loan origination. CoCos In advance of the 9M results
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Govt struggling to keep coronavirus threat at bay
PoliticsGreek Politicsplans to end the national lockdown on December 7 as the opposition piles more pressure... stretched, another extension to the national lockdown, beyond December 7, seems likely. Ideally..., with centre-left KINAL remaining in third place on 5 pct. The opinion poll also indicates that 32 pct
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