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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammein the business environment. Greece also has a set of continuous commitments that include critically... and underspending on the expense side. Most notably, public investment (PIB) was 1.1 percent of GDP... and the clearing of state guarantees for bank loans, at 1.1 percent of GDP over the next five years
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingexactly on target. For the full year, the bank has set a target of 17 billion euros, meaning... by 2.7 percent QoQ to 279.7 million, while the figure for nine months showed a decline of 1.1 percent... to 11.6 billion in September and by another 1.1 billion euros until November. Specifically, Emergency
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Newsletter 184 -23/11/2018
, which is expected to grow by nearly 12 percent. Private consumption is forecasted to rise by 1.1... anticipates private consumption growing by 1.1 percent in 2019. Private consumption is seen growing... Ministry anticipates private consumption growing by 1.1 percent in 2019. On the fiscal front, the OECD
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBankingassets, was set at 337.1 million euros or about 33.6 percent of gross book value. The deal also... by 1.1 percent on an aggregate basis. The cost to income ratio came to 53.4 percent in the quarter...) funding was reduced from 2.5 billion in Q2 to 1.1 billion in Q3, declining again to around 800 million
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyversus a slightly downward revised YoY growth of 1.1 percent in Q1. The GDP movement in Q2... and services rose by 3.3 percent. The YoY GDP growth was primarily driven by a 1.1 percent rise in gross... (MoF) under the SYRIZA government had set a target for private expenditure to rise by 2.4 percent
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Newsletter 61 - 05/02/2016
strike saw one of the strongest turnouts in recent years, uniting a wide range of professionals... measures now that will last in order to make it sustainable. The general strike on Thursday saw one... of the current set of reforms. However, the lack of dissent is perhaps an indication of the determination
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Newsletter 62 - 12/02/2016
euros etc. The income ceiling would be set at 55,000 euros, where a 5 percent discount would apply.... The government also set aside its initial concerns about the German–Turkish plan to have a NATO rapid... fund (IKA) saw the level of contributions paid in by workers plummet by 31.5 percent between 2010
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankinga year ago, share prices of Greek banks went through a period of turbulence that saw the value... in their books. The servicers that will manage the securitisation have set goals in meeting their collections... in effect after a one-year grace period to fully set up their operations. NPE numbers In its latest
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicsby the pandemic. At Hellinikon, Mitsotakis saw workmen employed by Lamda Development start to tear down... at a faster pace after Lamda set out its plans in 2013. SYRIZA dismissed Friday’s events... permit. Support measures In Parliament on Friday, Mitsotakis set out the details of what he claims
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Newsletter 393 - 15/09/2023
million euros in emergency spending is set to be included in a supplementary budget. In order to meet... that will include some one billion euros set aside from support in the affected areas. The state budget... was at 102.2 points in Q3 2008. Old apartments - those over five years old - saw their prices increase
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