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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBanking-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... that 500 million of NPEs have already been assigned to CEPAL, the first NPL servicer licensed
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Newsletter 286 - 26/02/2021
was negative with a 305 million-euro drop in lending, compared to an increase of 1.65 billion euros.... The deterioration for the whole of 2020 was due almost entirely to a decline in the services surplus... of 10.9 percent. The services surplus fell to 7.27 billion euros, a decline of 65.6 percent
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Athens digests Trump victory, sees economic complications
PoliticsForeign Policywith the refugee crisis. The fact, though, that Hillary Clinton will not succeed Obama has led some in Greece... September.” As we wrote in September, Kotzias did hold talks with representatives of Hillary Clinton
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Newsletter 122 - 09/06/2017
efforts of the French government to broker a compromise. Paris is said to have proposed linking the level... contributors to net hirings were accommodation (+42,871), food services (+19.952) and retail trade... accommodation, food services and retail trade. Trade deficit narrows in April Exports have been
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Newsletter 49 - 30/10/2015
Three pending issues Government and quadriga have yet to agree on some prior actions After the three-day trip by the quadriga mission chiefs to Athens on October 21–23, the first visit since... (increasing by 25,000 euros for each child) and with an annual income up to 35,000 euros. The quadriga has
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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingAhli Bank of Kuwait for a consideration of 150 million dollars. The bank estimates
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Defence agreement, views on Turkey attract most interest during Pompeo visit
PoliticsForeign Policyof the S400 which is of a particular interest for the US. Upgraded role? The debate that has begun
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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammedifference between the Greek government and the institutions during the 3-day visit of the quadriga...) be deemed eligible for protection. The quadriga appeared willing to discuss the threshold of 120,000... local media that the quadriga’s proposal would protect 17.3 percent of those with housing non
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammean agreement could be clinched by March 25. The quadriga proposed to the Greek government last week.... According to this quadriga proposal, the current tax-free threshold of 9,550 euros would be lowered... tax break. Both the government and the quadriga proposals result in lower tax for those self
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Most services in Greece see turnover improve in Q1
EconomyMacroeconomyand accounting services (+11.9 percent). On the flipside, the 3 service activities that posted a drop in Q1... for the second consecutive quarter in Q1 2015, with 11 out of 14 service activities posting a rise, according to the Hellenic Statistical Authority (ELSTAT). In Q4 2014, eight service activities had recorded
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