Search
-
Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingbillion in Q4. They rose 7 percent from last year. As a result, loan loss reserves reached 17.4... to loans and other (15 billion), while the cash value of the used pillar II bonds stood at 1 billion
14% -
Greek stocks rebound 1.9 pct during week
Economy, weighed by a drop in sales by 6 percent to 1.05 billion, while EBITDA fell 15 percent to 79 million. Terna Energy net profit decreased by 42.6 percent to 7 million in Q1, while sales rose by 9.6 percent
14% -
BoG proposes debt relief measures and lower primary surplus target from 2018
EconomyMacroeconomyof GDP from 3.5 percent from 2018 onwards and would keep gross financing needs (GFN) well below the 15..., 4.15 percent from 2012 until 2025 and 4.25 percent from 2026 onwards 7) Greece taps markets
14% -
Newsletter 81 - 08/07/2016
subtracting 15 percent from gross savings in pensions, 45 percent in (public sector) wages... refinancing facilities, Greek banks could replace 7 percent of emergency liquidity assistance (ELA
14% -
Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals
EconomyMacroeconomyGreece's travel receipts headed south for the second straight month dropping at an accelerating pace of 10.4 percent in May from 7 percent in April, Greece (BoG) figures showed on Friday... a similar growth rate reaching 15 billion. However, SETE chairman Andreas Andreadis said earlier this week
14% -
SETE study presents short- and longer-term prospects of Greek tourism
EconomyMacroeconomyforecasts non-residents’ arrivals to rise by 7 percent in the third-quarter (Q3) of 2016 and by 9.3... respectively, corresponding to just 15 percent of the overall average. However, SETE notes that the average
14% -
One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBankingmillion in Q1. Core pre-provision income (PPI) improved by 7 percent quarter on quarter (QoQ) to 247... percent QoQ respectively, while core income also benefitted from a reduction of 15 million in the cost
14% -
Newsletter 86 - 02/09/2016
, investments came in higher on 1 percent QoQ and 7 percent YoY. On the flipside, household consumption fell... by Greece’s lenders, who this week admitted that the completion of the 15 prior actions needed
14% -
Economic sentiment falls to 91.4 pts in September, consumer confidence notably rebounds
EconomyMacroeconomy. The construction confidence indicator deteriorated by 7 points in September to -59.5 after a short.... The retail trade confidence was the only indicator that grew by 5.7 points to 15 in September, reaching
14% -
Deadlock at NBG over chairman appointment
EconomyBanking. It is for this reason that NBG had launched a process of reconstituting its BoD on September 7, seeking... on January 15. The bank said on January 18 that its board nomination committee had engaged EgonZender
14%