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Greece working on plan for multilateral talks in East Med
PoliticsForeign Policyin the proposal are Greece, Cyprus, Turkey, Egypt and Libya. The conference does not include Israel... to be Ankara’s refusal to participate in any forum that excludes Turkish Cypriots, while Libya... from Libya to represent both factions. Whether conditions on the ground make this feasible remains
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Newsletter 38 - 07/08/2015
of new cards issued, which reportedly exceeded 1.1 million in July compared to an average of 100,000... reportedly issued 1.1 million new cards in July, more than ten times what they normally would. increase... in June. According to the latest official ECB data for 2013, the total number of cards issued
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingby 2.7 percent QoQ to 279.7 million, while the figure for nine months showed a decline of 1.1 percent... to 11.6 billion in September and by another 1.1 billion euros until November. Specifically, Emergency Liquidity Assistance (ELA) funding has been reduced by a total of 4.1 billion since Q2 to 7.3 billion
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBanking, with the NPE cash coverage ratio standing at 47 percent, and total NPE coverage at over 100 percent... by 1.1 percent on an aggregate basis. The cost to income ratio came to 53.4 percent in the quarter...) funding was reduced from 2.5 billion in Q2 to 1.1 billion in Q3, declining again to around 800 million
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Finance Ministry targets 3 bln from unpaid taxes
EconomyMacroeconomya useful insight into outstanding tax debt. Unpaid taxes stood at a total of 76 billion euros at the end of January 2015, of which 29.4 billion (38.7 percent of total) was created before 2009... 1.1 billion in January, which is slightly lower than the 1.27 billion recorded in December and 1.59
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Newsletter 51 - 12/11/2015
in covering their total capital needs of 14.4 billion. At the same time, the banks announced the results... on the evening of November 12 and bondholders of around 1 billion of the total tendered 1.09 billion are believed to have accepted the voluntary offer. Since the bank’s total capital needs (under
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Rise in number of Greeks insured in 2015 but average salary edges down
Economy, the average employment for the total number of workers eased by 1.1 percent to 21.59 days in 2015... employment rose by 5.1 percent to 1.32 million making up 71.5 percent of total. Individuals with part-time... percent of total employed at the end of 2015, up from 27.6 percent in 2014. The average employment
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Newsletter 191 -25/01/2018
), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018. The total sum involved came to 2.30 billion euros. The bulletin excludes... paid out. Out of the total number of pensions paid, 2.8 million relate to main pensions, 1.2 million
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Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economyto 1.23 billion in November, grants to hospitals jumped to 388 million in November from a total... largely due to a drop in VAT revenues by 1.1 percent, while consumption taxes marginally improved.... Despite the notable over-performance by 806 million in November, the December total revenue figure
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyposted in Q2, while increased by 1.1 percent YoY. Nominal GDP also remained stable in the 9-month... respectively. This dragged total consumption down by 1.6 percent. For the whole year, the Finance... of the total figure. Investments grew by 2 percent in H1 and are seen increasing by 3.3 and 4 percent
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