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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturesthe performance of almost 140 countries against 12 pillars of competitiveness. It assesses the factors... that the country lags behind in nearly each of the 12 pillars of competitiveness. A predictable mix... of the 12 pillars, a further breakdown of the results showed the areas in which Greece performs well
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Economic sentiment drops in March after reaching recent high, consumer confidence stable
EconomyMacroeconomy, although 1.5 points below the December 2017 reading. Over the last 12 months, ESI has improved... is one of the most improved sentiment indicators over the last 12 months, having recovered by nearly 20..., settling at 17.7, up by 8.8 points over the last 12 months. Retail trade dropped marginally by 0.6
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingmillion, split between 18 million in Greece and 12 million in the international market. The NPL stock..., the decline was -62 million, followed by small businesses (-12 million) and consumer loans (-1 million... loaded Basel III CET1 ratio came to 12 percent from 15.3 percent in Q4. Eurobank CEO Fokion Karavias
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesadds supply to the market without disrupting it. In total, around 96,000 beds or 12 percent... by 12 percentage points in 2012. Five star hotels show a disproportionately higher investment per bed... on main destinations. A further 12 tourist projects have been included in the Fast-Track process. However
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Newsletter 238 -07/02/2020
their books by securitisations that use about 12 billion euros of state guarantees... gross book value of 12 billion euros. Up to 3.7 billion euros in guarantees will be used by the bank... on corporate loans without a defined maturity increased by 12 basis points to 3.58 percent.
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PM seeks fine balance as he prepares to unveil latest set of fiscal measures
PoliticsGreek Politicsin Thessaloniki on September 12, although the government is trying to lower expectations about what the public..., for instance, will be watching closely to see what Mitsotakis announces on September 12 and whether... of repaying them from 12 to 24 instalments with an interest of 2.5 pct. Furthermore, the authorities
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PM to announce new measures as second Covid wave gathers pace
PoliticsGreek Politicsincreased fivefold between October 12 and October 21 according to reports from a monitoring project... in the press include making masks compulsory outdoors as well as indoors, a night-time curfew between 12:30... warned that anyone organising parties or operating a bar beyond the mandatory 12 am closing
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NBG results show net profits of 602 mln euros in 9M
EconomyBankingschemes. P&L Net interest income (ΝΙΙ) rose by 12 percent QoQ to 304 million, driven by the expansion... and other income of 43 million in Q3 from 12 million in Q2. In 9M the figure came to 830 million... the ECB, the bank’s blended funding cost is currently at 12 bps. LCR and NSFR are kept at levels
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policynational zone in the Ionian Sea to 12 nautical miles was highly important, coming just a year after... different than 10 years ago, when Ankara accepted the possibility of an extension even up to 12... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from
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High energy prices fuel uncertainty on fiscal front
EconomyMacroeconomyof slowing down, with the latest HICP from Eurostat recording 12 pct for June, which could translate..., it is starting to capture major price shifts in food, up by 12 pct, and housing by 35 pct year... as support funding will need to come only from tax overperformance, if the debt strategy of 12 billion
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