Search
-
Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomythat the outstanding balance of corporate loans fell by more than 3 billion month on month (MoM) below.... Balances landed at 69.13 billion with net deductions flat MoM at 219 million. Consumer credit contraction... since then, while balances dropped by more than 19 percent. The biggest decline over this period
17% -
July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomyand 204 million respectively. The breakdown by segment showed the corporate lending was flat year...-negative reading since August 2011. The outstanding balances fell by more than 1 billion month on month... of more than 35 billion since then, while balances have dropped by almost 20 percent over
17% -
Economic sentiment stable, consumer confidence down 4.5 pts in November
EconomyMacroeconomyGreece’s economic sentiment (ESI) remained flat from previous month at 86.5 in November, European... rose by more than 26 points until June 2014, when it peaked to 104.2. Since then, ESI recorded... a considerable improvement by more than 53 points since then to -30.6 in February 2015. With the exception
17% -
A closer look at 2015 revenues reveals size of hit they took
EconomyMacroeconomy. The breakdown showed corporate income tax rose by 240 million euros to 2.9 billion, more than offsetting a drop... be noted that companies with annual turnover less than 1.5 million pay the VAT on a quarterly basis... percent in the last three months of the year leading to an overall flat change for the whole year
17% -
Deposit outflows for second straight month in February, at 548 mln
EconomyMacroeconomythan the recent peak of 123.38 billion recorded in December. The negative flow in February is mainly... posted by households (-707 million) and non-financial corporations (-122 million). They more than... government deposits remained almost flat from the previous month at 10.05 billion in February with 5.28
17% -
The men who would be prime ministers
Agorathe line and take Greece out of the adjustment programme. Despite seeing Papandreou and Samaras fall flat... than his colleagues, should call for Tsipras to resign and snap elections to be held. It came... before him, he has more than the same single string to his bow. *This article first appeared in last
17% -
Net profit of 87 mln for NBG in Q1
EconomyBankingdeposit repricing, which more than offset weaker loan NII primarily due to deleveraging. Stripping out... expenses of more than 160 million from the reduction in the utilization of those bonds as guarantees... stayed almost flat at 74.5 percent remaining the highest among its domestic peers. In Greece
17% -
S&P affirms Greece’s rating with stable outlook
Economynotches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC... of the Greek population pays around 60 percent of taxes, while more than half of wage and pension earners... its previous estimate for flat growth, weighed by “additional fiscal drag, blocked banking system
17% -
Justice can't be blind to facts in 2009 deficit case
Agora, but not for the reason that he suggests. Rather than an unresolved mystery that conceals... euros in 2000 to 113 billion euros in 2009, while revenues remained relatively flat. That the Greek... their eyes and acquaint themselves with the facts rather than rely on the speculation of politicians
17% -
Lower bad loan provisions and increased write-offs for Greek banks in Q2
Economy, and have increased by more than 3 percentage points from the Q2 2015 figure of 18.4 percent... of 2016 stands 13.8 percent lower than the figure of 1.01 billion posted in the corresponding period... and loan adjustment at fair value. BoG noted that the NPE stock remained broadly flat QoQ at around
17%