Search
-
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... percentage points. The overall weighted average interest rate on new deposits dropped by 1 bps to 0.18
8% -
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... (-1 percent QoQ) and fell by 4 percent in the year to date. These stem largely from reduced personnel
8% -
Newsletter 295 - 07/05/2021
dose. Just over 1 million Greeks (9.7%) had received both jabs. Speaking during an online conference... and insurance/pension funds at 12 pct. Hedge funds were 9 pct. The UK and France led with 24 pct and 14... debt strategy for the year, even if the final amount reaches the upper threshold of 12 billion
8% -
Troika piles pressure on coalition by insisting on key actions to conclude review
PoliticsGreek Politicsthis will add 1 billion euros to the fiscal gap - Removing the restrictions to home foreclosures... by the December 8 Eurogroup or the December 18 European Council at the latest. European Stability..., Deputy Premier Evangelos Venizelos insisted that the December 8 target is achievable. He said
8% -
Undecided voters could still decide crucial aspects of Greek elections
PoliticsGreek Politicsstill be shaped by around 1 in 10 voters who have yet to make up their minds. Opinion polls...) in those elections was around 170,000 votes. An Alco poll on January 8 gave a breakdown... #Greece — MacroPolis (@MacroPolis_gr) January 8, 2015 The Alco poll, which indicates that almost
8% -
ECB sees Greek banks' total capital needs at 14.4 bln, recap plans to come
Economyscenario. The ECB also disclosed for the first time the Common Equity Tier 1 (CET1) hurdle rates, which stood at 9.5 percent for the baseline and at 8 percent for the adverse scenario. Both figures...), at 8 and 5.5 percent respectively. Macro assumptions The ECB also unveiled on Saturday the macro
8% -
Banks reveal new capital structures, ex-bondholders sell shareholdings
Economytrading on December 8. Stock performance The new Alpha and Eurobank shares that resulted from both... and 8 respectively. It is noteworthy that Alpha share dropped 14.89 percent on Wednesday... percent closing at 0.99 euros slightly below the offer price of 1 euro.
8% -
Drop in disposable income accelerates to 3.3 percent in Q3
EconomyMacroeconomyby more than 1 billion from last year. The recorded decrease largely reflects a rise in the payments of social contributions by 8 percent coupled with a nosedive in revenues of other current transfers... 8 percent in Q2. Net borrowing also eased to 708 million euros in Q3 from 1.19 billion a year ago.
8% -
Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgrammedisbursed last August, 2 billion in November and another 1 billion in December. In addition, another... of 2016 to reach 8 billion by August 2018. Cash primary surplus would reduce financing needs by 2.5... of 2 billion will be used for state deposit financing. Finally, for the first 8 months of 2018
8% -
IMF argues case for further reform of pension system
EconomyProgrammepercent that outweighed offset a decline in the average pension by 8 percent between 2010 and 2015... below the eurozone average figure of 8 percent. This is an indication that the social security system... rules to existing pensions, which could deliver savings of 1 percent of GDP in the medium-term
8%