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Piraeus Bank posts net profit of 185 mln in 2018
EconomyBanking2017. Net interest income (NII) rose by 2 percent quarter-on-quarter (QoQ) and came to 355 million... and leasing exposures). P&L As mentioned, NII rose by 2 percent in Q4 to 355 million euros and declined..., while on a quarterly basis NIM was stable at 243 bps. Net fee and commission income was up 2 percent
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The oil and gas debate Greece is not having
Agorathe Paris agreement target of “limiting global warming to well below 2°C and pursuing efforts... of 2°C - there is little scope for the development of new fields, even when accounting for the natural.... The same paper estimates that, to meet a target of 2 °C, “a third of oil reserves, half of gas
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economypercent below the 2008 level, and rising by just 2 percent in the first nine months of 2019. Fitch sees... of 0.6 - 2 percent, and the IMF’s estimate of 0.9 percent. Fitch welcomes the developments... to 12 billion euros of state guarantees to reduce their stock of NPEs by up to 50 billion euros
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Newsletter 302 - 18/06/2021
estimates put more than 50 billion euros. Mitsotakis is hoping to take advantage of the positive mood... surpluses of 2 pct, 2.8 pct and 3.7 pct of GDP in 2023, 2024 and 2025 respectively. These translate... be noted that Greece has committed to primary surpluses in the region of 2 pct of GDP up to 2060
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Newsletter 313 - 22/10/2021
in the region of 2 pct of GDP up to 2060. The Finance Ministry was also kept busy this week in the push... of the population is on the rise. More than half of Greeks are above 50 years old. Challenges were also... decade growth will be 2 pct, with Greece needing more than 3 pct to converge towards the eurozone
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Newsletter 376 - 31/03/2023
. The first Sunday of that month, July 2, is seen as the cut-off point for a second election..., which is expected to take place on May 2, will determine whether Ellines, the party of jailed Golden... will be dissolved anew by May 31, and new elections declared for July 2. The second contest would take place under
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Newsletter 475 - 12/09/2025
difference.” Rural families stand to gain from a 50 percent ENFIA cut on primary homes in villages..., from 0.1 pct in the previous quarter. This slight deceleration took H1 growth to just under 2 pct... lower tax rates across the scale by 2 percentage points, the focus has been on young taxpayers, below
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Significant post-election economic challenges await Greek coalition
Economya conversion of the Greek Loan Facility (GLF) variable rate (currently at Euribor plus 50 basis points) to 1 percent constant for the next 50 years. This could result in total savings of 25 billion (14... by at least 1 pp this year and a further 2 pp in 2015. In contrast, the OECD projects a slower reduction
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politics(GLF) variable rate (currently at Euribor plus 50 basis points) to 1 percent constant for the next 50..., the official sector projects Greek unemployment will ease by at least 1 pp this year and a further 2 pp
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After ECB tests, it's back to troika review for Greek coalition
PoliticsGreek Politicsrate at just over 50 percent, as well as structural benchmarks, which could be the biggest stumbling... majority for calling a strike. Currently a strike may be called if 50 percent plus 1 of present... has lowered its initial projection to less than 2 billion euros subject to the settlement of unpaid
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