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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomytourism season. This offset the reductions in final consumption by 0.1 percent and gross capital..., Greece’s GDP grew by 1.3 percent thanks to 10.6 percent rise in gross capital formation and a 7.8... consumption is seen rising by 0.2 percent. Investments Gross capital formation recorded a drop of 8.9
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Banks gear up for stress tests, with results due in May
EconomyBankingGreece’s lenders with a complete picture regarding the need to cover any, if at all, capital requirements... months of that year and the only recently imposed capital controls. Additionally, as part of the new... the capital adequacy over the stress test period. Based on data for the first nine months of the 2017
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Newsletter 161 -11/05/2018
finds no capital needs, paving path for MoU exit The European Central Bank’s (ECB) Banking... capital needs while programme financing is still available. The IMF has in its assumptions for debt... and 14.52 percent for Piraeus. Under the adverse scenario, the capital of Greek lenders is seen being
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingactivities and capital markets. Net fee and commission income accounted for 45 basis points of total assets... of which were brought forward for Greek banks and published on May 5, no capital shortfall was noted... of Bancpost Romania (closed in April 2018) is taken into account. The capital depletion stood at 3.4
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBanking, the bank reported that Alpha Bank registered the highest ending capital position among Greek systemic banks for year-end 2020, as well as the lowest capital depletion among Greek systemic banks under both... and methodological constraints. No capital plan was required. Capital The Common Equity Tier 1 (CET1) ratio
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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomypercent decline in expenditure by the general government. Gross capital formation declined by 2.2... by 1 percent this year. Investments Gross capital formation declined by 2.2 percent QoQ following an upward revised growth of 2.4 percent in Q1. On a quarterly basis, gross fixed capital formation
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Newsletter 173 -07/09/2018
, the highest since Q3 2016. Gross capital formation declined by 2.2 percent QoQ. The MoF expects strong... by the general government. Gross capital formation declined by 2.2 percent QoQ. On a quarterly basis, gross fixed capital formation remained flat. Compared to the same period last year, gross capital formation
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Newsletter 175 -21/09/2018
leading role in NPL issue Effect of capital controls on card payments illustrated in ECB report... led to a jump in NPLs, the capital controls imposed in 2015 had a side effect of a jump in card... notable growth in recent years. The data showed that in the year that capital controls were introduced
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Falling bank shares prompt coalition to take closer look
PoliticsGreek Politicsfor this capital raising to be concluded but there were market rumours that Piraeus had sounded out investors... the bank’s balance sheet and enhance its capital base. The bank has made significant progress on all... raised concerns about the banks’ capital adequacy in the future. The prospect of reducing bad loans
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyexpenditure rose by 2.4 percent versus the previous quarter. Gross capital formation jumped by 15.6... consumption is forecast to rise by 1.1 percent. Investments Gross capital formation grew by 15.6 percent QoQ following a rise of 6.8 percent in Q2. On an annual basis, gross capital formation showed
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