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Newsletter 41 - 04/09/2015
month last year, when revenues exceeded the five-billion mark. This means that due to the extension... that emerged after the imposition of capital controls on June 29 and the consequent negative repercussions... cards after the imposition of capital controls. On top of PIT, CIT and ENFIA, tax obligations
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Industrial production drops by 1.6 pct for third successive month in July
EconomyMacroeconomymark. Electricity production was the only sub-index posting a rise by 13.8 percent in July... by intermediate goods (-8 percent), capital goods (-7.9 percent) and consumer non-durables (-5.2 percent.... The positive growth rate reflects an increase in energy and capital goods’ production by 17.6 and 1.8
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Newsletter 43 - 18/09/2015
, nobody is particularly hopeful that this will mark the beginning of a new era of productive... of the year. Since the ECB is expected to announce the banks’ capital needs in the second half... and frustration have interchanged almost on a daily basis. The introduction of capital controls at the end
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Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly
Economythis week with the turnover exceeding the 40 and 60-million-euro mark on Tuesday and Wednesday.... Despite the outperformance they are still down by more than 68 percent in the post-capital controls period... this year before the imposition of capital controls. Corporate news During a presentation
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Industrial turnover dives 18.3 pct in Aug for highest drop in almost 5 years
EconomyMacroeconomyin September, yet it remained below the 50-point mark for the twelfth straight month. “Greek manufacturers experienced the harsh effects of the ongoing capital controls” with latest survey data... industrial groupings recorded a marked fall, with energy and capital goods turnover plunging by 36.3
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Car sales down by 13.8 pct in Oct for the second fall this year
EconomyMacroeconomyrespectively. In addition, there were five monthly readings above the 10,000 mark year to date, all of them... was interrupted last July due to the capital controls and again in October amid rumors for higher road tax... customers amid fears for Grexit or imposition of capital controls and deposit haircut. The latter explains
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Car sales resume double-digit growth rate in Oct with 15.2 pct rise
EconomyMacroeconomythe 100,000 mark and landing at 106,680. This means there an additional 23,000 cars have been sold... period. In particular, the first negative rate in July was largely due to the imposition of capital... fuelled by increased interest from customers amid fears for Grexit or imposition of capital controls
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Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity
Economy. The General Index of the Athens Stock Exchange surpassed the 600-point mark on Wednesday for the first... the imposition of capital controls, which were amplified during their recapitalisation process. Three.... Corporate news S&P revised in rating on NBG to ‘SD’ from ‘D’ on completed capital increase. ECB lowered
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingof a cooperative bank. For the whole year, expenses (excluding one-off items) fell below the 1-billion mark... strongly rebounded by 29.4 percent from the Q3 low, which largely reflected the impact of capital... the capital raising in November, the bank’s phased-in Common Equity Tier 1 (CET1) ratio increased to 17
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Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders
Economybe called next week or the week after. After a short-lived rise above the 600-point mark last Friday... Exchanges announced that Wellington Management Group reduced its stake in the company’s share capital... of state capital and liquidity support programme initiated back in 2008. Hellenic Telecom (OTE) kicks off
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