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Report exposes fractured and incomplete response to refugees
Societymillion euros was allocated for a revised PHILOS 2 project, along with a 400-euro stipend for staff... short of the necessary numbers. At the end of May 2019, there were 100 doctors and other staff... the country that the PHILOS 2 project had envisioned. The report showed that as of May 2019, there was only
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Newsletter 215 -19/07/2019
to announce 2 billion euros of spending cuts and savings to counterbalance the 6 billion euros in tax... (IoIs) exceeding 10.5 billion euros, before the book officially opening with a guidance of 2 percent... year. 2 Budget primary surplus at 382 mln Primary balance for June comes to a deficit of 534 million
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBanking(-2 million). Overall, the NPE ratio stood at 45.5 percent at a group level, with the NPE coverage... operating expenses rose by 1.1 percent QoQ to 270 million, declining by 2 percent YoY to stand... billion euros QoQ. Loan balances in Greece stood at 42.1 billion euros, declining by 2 billion QoQ
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingYoY. In the 9M period, NII came to 1.07 billion euros, higher by 2 percent YoY. Management noted..., reflecting a fall of 2 percent YoY and 3 percent QoQ. The cost-to-income ratio stood at 51 percent... at 800 million at the end of Q3 2019, down by 2 billion YoY. The bank fully eliminated ELA funding
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicsfor supplementary pensions will be 100 euros per month. A senior ministry source told Ta Nea... creditors to reduce the fiscal target from 3.5 pct of GDP to between 2 and 2.5 pct. The government... forecast which put it at 2 percent, and the institutions and foreign banks which put it at 1.8-1.9
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Newsletter 234 -10/01/2020
if it is lowered to 2.5 pct this would create 2 billion euros of extra fiscal space. The primary surplus... corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... with an agreed maturity of up to one year decreased by 3 bps to 0.36 percent. 2 Unemployment at 16.6 pct
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Newsletter 246 -03/04/2020
and 100 percent. Applying this methodology across its member countries, the country most affected... conditions could be restored. 2 March PMI drops to 42.5 pts Sharp drop driven by Covid-19 uncertainty... The overall weighted average interest rate on all existing loans dropped by 2 bps to 3.95 percent
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomya decline of 27 million euros, while a rise of 100 million was seen in transfers. Expenditure rose by 2.66... euros. The movement largely stemmed from a rise of 2 billion euros in repos which came to 32.06 billion... euros was seen in T-bills, making up 3.6 percent of the total. Bonds showed a rise of 2 million
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Newsletter 273 -13/11/2020
. On Wednesday, Health Minister Vassilis Kikilias announced that 100 more ICU beds would be added... in the third quarter and for an amount of up to 300 euros. 2 Employment balance negative by 33,356...-on-year (YoY) in October compared to a decline of 2 percent seen in September, Hellenic Statistical
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Newsletter 277 -11/12/2020
. Although the number of daily deaths has dipped below 100 – edging down to 81 on Thursday – almost 600... budget (-4 million) and extrabudgetary funds (-2 million). Hospital arrears rose by 10 million MoM... slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9
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