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Gov't hits back as pension reform row heats up
EconomyProgrammein previous legislation (law 3863/2010) is misleading since that law’s provisions were never implemented and the previous governments had made 12 cuts to pensions since then. 2) The domestic economic... to 178 billion euros in 2014 from its 2010 level of 227 billion. 3) The previous pension law explicitly
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Greek stocks climb 3 pct on week, banks post double-digit gains
Economymodest gains of 0.7 percent in the previous week. The improving performance was accompanied by a notable... gains of 3.8 percent in the previous week. Overall, the banking index has recorded gains of 11 percent... to the previous week, the top gainers this week involved the four core banks with Eurobank up 22.7 percent
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Newsletter 87 - 09/09/2016
unpaid taxes rose by 811 million in July. In the previous month, new tax debts had increased by 1.22... million). In addition, the number of tax debtors increased by more than 125,000 from the previous... In July the number of tax debtors increased by more than 125,000 from the previous month to hit 4.13
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Newsletter 116 - 28/04/2017
from the previous quarter, in line with earlier expectations, the Bank of Greece (BoG) bank lending... in the previous month. Overall, the total stock of overdue obligations, including legacy and new tax debt, stood just shy of the 94-billion mark, up by 566 million from the previous month. The overall stock
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingin the previous three quarters, and came to 216.5 million. Asset quality The bank reported a negative non... million in the previous quarter. Along with write-offs of 204 million, this pushed the NPE stock down... in the previous quarter. A figure of -15 million was reported in small business loans (SBLs
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingmillion in the previous quarter. Pre-provision income (PPI) rebounded by 12 percent quarter-on-quarter... to around 70 million in Q1, after a negative figure of 100 million in the previous quarter. However, NPE... percent in the previous quarter. Non-performing loan (NPL) formation also turned positive at 423 million
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Newsletter 128 - 21/07/2017
standards for both corporate and household loans stayed unchanged from the previous quarter... to the previous quarter. Banks expect credit standards for both corporate and household loans to remain... in June after falling during the previous two months The breakdown showed that revenues fell by 115
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Office prices slip by 0.7 percent in first half of 2017
EconomyMacroeconomypercent in the greater Athens area and by 0.5 percent in Thessaloniki, when compared to the previous... the previous period, and increased by 0.3 percent year-on-year. As a result, the office rent index inched up.... In the Athens area, the index decreased by 0.4 percent from the previous semester, falling further
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Newsletter 155 -16/03/2018
Dimitris Tzanakopoulos, that Savvidis had been given honorary Greek citizenship by the previous...-seasonally adjusted quarterly rate rises after falling in previous month Compared to the same period last... the fall of the previous quarter, which had represented the lowest reading since Q4 2011. This brings
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EC forecast acknowledges pressure on Greek households, revises down growth
EconomyMacroeconomypercent compared to the previous quarter, leading to a considerably lower carryover effect... is less than half the previous 1.2 percent growth forecast and next year’s is also lower from the 1.2... the previous estimate of 11.5 for 2018 and unchanged for 2019. Exports are seen performing strongly, assisted
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