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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingremained flat QoQ at 51 percent. Along with that of Eurobank, Piraeus coverage ratio stands... by 1 percent QoQ, cost of risk remained flat at 2.6 percent. Cumulative provisions (LLRs) improved... and Eurobank at 103 percent and lower than Alpha’s at 119 percent. Eurosystem funding remained flat QoQ at 10
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August sees third Greek C/A surplus in a row, reaching 1.82 bln
EconomyMacroeconomybill for oil and ships. Excluding the impact of oil and ships, exports remained almost flat, while... in Greece in August. As a result, the respective 8-month figure remained almost flat in comparison... in Greek stocks. BoG figures also showed that reserve assets remained flat for the second consecutive
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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomy. Also, the upcoming pension reform will keep spending flat in absolute terms flat and a declining... that public investments will stay flat over the period all the heavy lifting in delivering this level
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Newsletter 158 -20/04/2018
Lenders meet, prior actions loom Washington Group convenes to discuss debt relief amid continuing... is trying to tackle several prior actions that still remain outstanding. when they will have to be reduced..., Greece also has plenty on its plate as well. Athens has the vast majority of the 88 prior actions
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Newsletter 49 - 30/10/2015
Three pending issues Government and quadriga have yet to agree on some prior actions After... only one-third of the 49 prior actions required for the disbursement of the next bailout subtranche... tabling on the evening of October 29 of the second omnibus bill containing the final set of prior
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After calm summer, hectic September lies ahead for Greek government
EconomyProgrammeto the previous months and last year, there is a list of 15 prior actions the government is supposed... the construction sector. Other privatisation-related prior actions include the ratification by the Parliament...) has already been implemented. Prior actions also involve implementation of gas market reforms
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After talks with lenders, Greece returns to list of tasks to secure next bailout payment
EconomyProgrammeadministration and education, including both the pending prior actions as well as preparation... that all pending prior actions would be implemented by the date of the next Eurogroup Working Group... in the implementation of prior actions would require another political decision by the Eurogroup
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Newsletter 144 -15/12/2017
Prior actions, auctions dog coalition Key deliverables still pending as spectre of early elections... the dozens of prior actions it has to complete in the coming days so it can remain on schedule to complete... of the government’s progress in completing the prior actions. After this, the European Commission will compile
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomydifference on the preceding month. Debt The outstanding state debt stayed flat year to date at 321.5 billion... to date. It was down to 55.93 billion at the end of August, while it remained flat MoM. The year to date
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Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
EconomyBankingthe previous year. The net interest margin (NIM) remained almost flat at 2.7 percent QoQ, reflecting a loan... gross loans. The non-performing loan (NPL) ratio remained flat QoQ at 33.6 percent with consumer credit
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