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Credit contraction continues in July with 1.2 pct decline
EconomyMacroeconomyfurther to 189.18 billion euros. Moreover, the net lending flow showed net deductions of 435 million euros from 203 million in the previous month. The negative flow in July reflects net deductions of 163... billion euros while credit to insurance corporations had monthly net increases of 266 million to nearly 7
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Credit contraction eases to 0.9 pct in August
EconomyMacroeconomyfurther to 187.36 billion euros from 189.2 billion in July. Moreover, the net lending flow showed net deductions of 312.7 million euros from 456.1 million in the previous month. The negative flow in August comes as a result of net deductions of 150.4 and 134.1 million in the household and corporate
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A snapshot of the Greek economy
Agoraand the monthly net flow was negative at 1.530 million, compared with a positive net flow of 1.743... 10.4 percent in the previous month and the monthly net flow was negative at 1.788 million, compared with a positive net flow of 4.752 million in December 2018. The monthly net flow of credit
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking(including the Covid-19 impairment impact of 324 million). Net profits in Q2 came to 82 million versus... million in Q2 from 187 million a year ago, an increase of 52 percent YoY. Net Interest Income (NII... coverage ratio stood at 169 percent in H1 and the net loans to deposits ratio came to 83 percent. Net
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Newsletter 271 -30/10/2020
than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200... percent respectively. More starkly, in Q2 2020, 72.9 percent of employees earned a net monthly salary.... Primary expenditure came to 34.13 billion euros. Net revenues came to 33.50 billion euros, below
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The Parable of the Populists and the Contemplatives
Agoraof new debt that they have taken on board to pay for this machine. The net worth, or wealth... accumulates over time in bigger cash assets on the balance sheet. The company’s net worth increases... net worth? (The “oil deposits” make up a great share of the net worth of the country as a whole
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Credit contraction marginally decelerated to 3.9 pct in August
EconomyMacroeconomymonth on stable mom net deductions at 823 million in August from 855 million in July. August negative flow mainly reflects corporate and household lending net deductions of 534 and 240 million... with balances reaching 102.9 billion. Monthly net deductions continued unabated in every month over the past
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomyreaching 160.54 billion euros, according to the Bank of Greece (BoG). Net flow remained negative... percent MoM for the eleventh consecutive month on higher net deductions of 773 million in February from... net deductions of 439 and 314 million respectively. Restrained deposit flow combined with increasing
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Credit contracts by 3.5 pct in June, balances at 214.81 bln
EconomyMacroeconomy). Monthly net deductions dropped to 324 million euros in June, the lowest reading so far in 2014, from 963 million in May. The negative flow in June mainly reflects corporate and housing lending net... marginally below the 100-billion-euro mark for the second straight month. Monthly net deductions fell
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Greek credit contracts by another 3.5 pct in Sept as balances ease to 212 bln
EconomyMacroeconomy) to 212.78 billion euros. Monthly net deductions remained above the 400-million-euro mark... MoM to 98.18 billion euros. Net deductions dropped below the 200-million-euro mark to 196 million... net deductions remained almost flat MoM at 213 million. Consumer credit contraction decelerated
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