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Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingat roughly 2 billion, and increased provisioning impact of Q4. Spreads also contracted
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Unemployment drops to 18.1 pct in March
EconomyMacroeconomy. The unemployment rate for men stood at 14.4 percent, which marks a fall of 2 pps year-on-year. Broken down
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesgrowth with business-friendly policies, but also plans to raise 2 billion euros from cost-cutting
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgrammeit macroeconomic imbalances by completing its reforms, and 2) Concentrate its investment policy
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Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek Politicsthat this would allow Greece to pay off its debt quicker. “You have different revenues if you grow with 2
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomy, the jobless rate has declined by 2 percentage points (pps) from the Q1 2018 figure of 21.2 percent
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Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomyELA-ceiling bulletin as the level had fallen below 2 billion euros. In March, it was also revealed
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Newsletter 211 -21/06/2019
of law 4575/2018) and increased PIB expenditure by 372 million euros. 2 Current account deficit drops
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Travel balance falls by 4.1 pct in April
EconomyMacroeconomymillion. Revenues from French visitors fell by 2 percent to 68.1 million euros. Receipts from UK
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Eurobank’s NPL sales take major step with two transactions
EconomyBankingEurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria SARL for the sale of 95 percent of mezzanine and junior notes in a portfolio of non-performing residential mortgage loans. The portfolio carries a gross book value of 2 billion euros and has been code
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