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  1. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    year. Eurobank recorded net results of an adjusted profit of 176 million euros in H1 compared to net... ratio stood at 64 percent, while total coverage including collateral came to 117 percent. Eurobank’s... extended payment moratoria to around 2.2 billion euros-worth of mortgages. Eurobank has extended

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  2. Banks moving at pace on road to recovery

    EconomyBanking

    , Alpha Bank - last week - and Eurobank - earlier in the year - issued senior preferred bonds of 500..., callable at 5.5 years. At the end of April, Eurobank had secured a re-offer yield of 2.125 pct and had..., with Piraeus Bank at B3 from Caa2 and Alpha, Eurobank and NBG at B2 from Caa1.

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  3. Newsletter 401 - 10/11/2023

    Newsletters

    from 46 pct for Alpha Bank, close to 60 pct for Piraeus and 55 pct for Eurobank. The latest set of results built on the positive momentum in the sector, which started a few weeks ago with Eurobank’s... lenders continue to be expansive in their business plans in the region after Eurobank grew its stake

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  4. Car sales continue upward course as registrations increase by 33.1 pct in March

    EconomyMacroeconomy

    percent in March and 22 percent to March. Almost half of the first-time circulated road motor cars were observed in the prefecture of Attica (Athens, Piraeus and the suburbs). In 2013, road motor cars

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  5. Car registrations continue to rise; up by 9.1 pct in April

    EconomyMacroeconomy

    -time circulated road motor cars were observed in the prefecture of Attica (Athens, Piraeus and the suburbs). Road motor cars recorded in 2013 a moderate rise of 1.3 percent for the first time since

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  6. Newsletter 58 - 15/01/2016

    Newsletters

    in December mainly reflects a decrease in housing. More cars on the road The number of road motor... of additional road motor cars reaching 116,168. Last year’s increase was not as strong as the 2014 rise

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  7. Newsletter 91 - 07/10/2016

    Newsletters

    of the winter season. A further hike in motor tax for 2017 awaits Greek citizens in December... consumption tax on motor fuel. Under the staggering weight of such rising tax obligations, it cannot

    12%
  8. Car sales increase by slower rate of 9.6 pct in Sept
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    The growth rate in the number of road motor vehicles (going into circulation for the first time) decelerated to 9.6 percent in September from 14.1 percent in August, Hellenic Statistical Authority... than 83 percent of road motor cars, while around 56 percent are registered in the Attica prefecture

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  9. Greece's taxing challenges

    Agora

    season. A further hike in motor tax for 2017 awaits Greek citizens in December. If that weren’t... on motor fuel. Under the staggering weight of such rising tax obligations, it cannot come

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  10. Car sales jump by 20 pct in October

    EconomyMacroeconomy

    The number of road motor vehicles going into circulation for the first time grew at an accelerating pace of 20 percent in October, from 9.6 percent in September, Hellenic Statistical Authority... of road motor cars, while around 62 percent are registered in the Attica prefecture. The car sector

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