Search
-
Athens prepares 2019 draft budget amid pension cuts dilemma
EconomyProgrammeThe Greek government is set to take the next step in its efforts to call off next year’s pension... the 1 percent of GDP in reductions to pensions that he agreed with the lenders and which... 1 Eurogroup (where Finance Minister Euclid Tsakalotos will have the chance to exchange views on next
19% -
Newsletter 178 -12/10/2018
for the US to set up military bases. The first suggestion runs counter to Prime Minister Alexis... substantially from a previous 1 percent to 2.5 percent. However, the Fund revise downward its GDP growth... Consumer Price Index (CPI) rose by 1.1 percent in September after an increase of 1 percent in August
19% -
Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBankingthe Jupiter portfolio of NPLs valued around 1 billion euros to a consortium of funds managed by Apollo and IFC... assets, was set at 337.1 million euros or about 33.6 percent of gross book value. The deal also... of investment banking and brokerage. Recurring operating expenses rose by 1 percent QoQ 274.5 million, falling
19% -
Newsletter 197 -8/03/2019
ministers will not be in a position to give the green light for almost 1 billion euros in debt... the ceiling would be set at 65,000 euros. According to reports this week, the institutions want... to revised data, the increase in the first, second and third quarters of 2018 was 0.3 percent, 1
19% -
Newsletter 201 -21/04/2019
Eurogroup nod allows next move Govt aims to pay off some IMF loans early after receiving 1 bln from... measures, worth almost 1 billion euros, after the European Commission deemed that Athens had completed... was meant to have completed a specific set of reforms as part of the second post-programme review
19% -
NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingeuros. The bank has set a target to reduce their NPE pile by 11.1 billion euros to 4.3 billion up... (-29 million euros) and consumer loans (-1 million). This led the group NPL ratio to stand at 28.2... the ECB, with the Bank enjoying a large liquidity buffer. Capital The Common Equity Tier 1 (CET1
19% -
Newsletter 247 -10/04/2020
has set aside 1 billion euros. The firms that claim the money back will have to repay it to the tax... showed that imports from non-EU countries fell by 1 percent. Those from EU countries rose by 3.4 percent...) fell by 3.4 percent year-on-year (YoY) in February compared to a revised decrease of 1 percent
19% -
Newsletter 249 -08/05/2020
every 1 to 2 weeks. As things stand, Greeks are not able to leave their regions but the government aims... to and from the Greek islands. This is due to happen on June 1. Speaking on CNN on Monday, Prime Minister... that the government hopes the conditions would be right for Greek tourism to begin to open up from July 1. Mitsotakis
19% -
Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsis also set to re-open primary and nursery schools from June 1, although there will be restrictions... package will support the real economy. Its research arm recently estimated that 1 in 7 firms could... June 1, with the state subsidising 60 pct of the income loss from the reduction of working hours via
19% -
Newsletter 257 -07/07/2020
, Greece’s employment growth is set to fall by 3.5 percent this year and by 1 percent next year. Under... 1 percent of the 20 million euros spent across print, internet and TV went to opposition-friendly... billion euros which is 11.4 percent of the total. This is followed by those owing over 1 million
19%