Search
-
EU elections in Greece: Applying a different scale of values
Agora. He said he would instead implement a 1:1 hiring ratio. Three months later, at New Democracy’s party... growth rate to around 4 percent). Alternate Finance Minister Giorgos Houliarakis put the cost... impact at around 1 billion euros, while the institutions reportedly think it is closer to 1.5 billion
26% -
Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek Politicspercent than if you grow with 4 percent,” he said, adding that this would be driven... the first hirings (1,500 people) would be made in the police force, adding that the 1:5 ratio may... that it would reach the 1:1 ratio the government has been implementing since the start of the year. Justice
26% -
Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek PoliticsJuly 1 next year. Mitsotakis said the aim is to bring them down by 1 percentage point by the end... two years should be to enhance our bilateral trade from 650 million dollars in 2018-19 to 1 billion... pledged (he promised a growth rate of around 4 percent during the election campaign), the prime minister
26% -
BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBankinginternal capital. The capital adequacy of Greek banks stood at 15.6 percent in Common Equity Tier 1... of NPEs between 1 and 10 percent brings relief of 500 million to 5.2 billion euros to the balance sheet in the form of risk weighted assets (RWA). With the exercise taking place at net book value, CET 1
26% -
Newsletter 232 -13/12/2019
pct+1 of the junior notes have been sold to private investors and a satisfactory level... than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior notes, with the aim... territory surfaced on the 26-week auction earlier in the month when the action on December 4
26% -
PDMA sets 2020 goals to build on improving conditions for debt
Economycompared to peers. Based on the assumptions of the European institutions, which see growth averaging 1..., in the volume of 3 billion euros, in line with the IMF repayment that took place this year. In scenario 1, which is based only on a reduction of T-Bills, the new money transactions will reach 4 billion euros
26% -
Greece draws strong interest, attractive yield by re-opening 10-year bond
Economybelow 1 pct to close to 4 pct in mid-March, until the ECB announced that it waived the minimum... around 1 pct. On Wednesday, Greece drew 2.5 billion euros with a re-offer yield of 1.187 pct, and a re... billion euros offers, including roughly 1 billion from the lead managers and approximately an hour later
26% -
Turkey: Multiple policy challenges from all directions
Agorarolling average of new cases is now over 53,000; it was around 9,300 on 1 March when the government... recorded in the country. The number of deaths has also risen sharply, by almost 50% since 1 April... 4 alert over COVID-19, meaning that travelers should avoid all travel to the country. Turkey also
26% -
NBG increases profits in H1 as it progresses with NPE clean up
EconomyBanking, standing at 4 billion euros at the end of the first half, from 4.3 billion euros at the end of last year... in default and early default clients, more than 30 days past due, stand at just 1 pct. The bank intends... Net interest income (ΝΙΙ) rose 7 percent YoY to 591 million, also rising by 1 pct QoQ. Net fee
26% -
Newsletter 340 - 03/06/2022
, are evident in the latest PMI release that hit the lowest in over a year at 53.8, down by 1 point..., consumption is seen lower by 1 percentage point and investment down by 2.2 points, leading to a real GDP deviation from the baseline estimate of 1 percentage. It is becoming increasingly evident
26%