Search
-
Greek stocks advance 2.6 pct for second straight week on improved investor sentiment
Economyon a fiscal gap of 3 percent of GDP by 2018. Upcoming discussions will focus on agreeing... percent to almost 100 million. OPAP net profit declined 32.1 percent to 52 million in Q4 from 76 million
23% -
Government faces tight schedule for amendments to bailout legislation
EconomyProgrammethe preferred bidder in November 2014 for the sale of 100 percent of its shares and the right... corporations have another 3 billion euros of state guarantees and private corporations 1.6 billion
23% -
S&P affirms Greece’s rating with stable outlook
Economyfalls below 100 percent. S&P views the last Eurogroup proposal on gross financing needs (GFN) relief... growth of 2 percent in 2017, 2.5 percent in 2018 and 3 percent in 2019. On the banking sector, the rating
23% -
Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingby a rise in core expenses by 3 percent. Net interest income (NII) edged up by 1 percent QoQ to 484 million.... Gross loans slipped by more than 100 million euros QoQ to 66.19 billion, while deposits increased
23% -
Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankingand 172 bps in Q1 on improved asset quality. The bank expects cost of risk of around 100 bps in 2017..., from 4.7 billion in June, at a cost of -3 bps. Loans and deposits Ongoing deleveraging led gross
23% -
IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgramme, additional bank recapitalisation needs of 10 billion, privatisation proceeds of 3 billion by 2018... the debt-to-GDP ratio to fall below 120 percent by 2030 and slightly over 100 percent by 2040, while
23% -
Stocks rebound by 0.7 pct for third straight week amid light trading activity
Economypercent), Alpha (+3 percent), National Bank – NBG (+2.9 percent) and OPAP (+2.9 percent). In contrast.... The Public Power Corporation (PPC) said it repaid bonds worth 100 million euros. The company also
23% -
Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
EconomyMacroeconomyof high debt-to-GDP ratios (above 100 percent) a reduction in the interest payments improves... loans gradually increase to 3 percent until 2021 and to 3.5 percent after 2027. Stournaras noted
23% -
Another increase for stocks, which edge up 0.4 pct during week
Economy/Large Cap Index ended in positive territory, 10 posted losses, while 3 remained flat. The trading... the completion of the sale of its 100 percent stake in its Serbian subsidiary Alpha Bank Srbija to AIK Banka
23% -
Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
EconomyFeaturestransaction, the next issue in July fell short of estimates as the total offers reached 3 billion euros..., while the 10-year yield recorded a smaller drop of more than 100 bps well below the 6-percent mark
23%