Search
-
Stress test assumptions cause few concerns for Greek banks
EconomyBankingexercise by releasing the scenarios that will be applied to the methodology published last November... financial sector. The EBA expects to release the results of the exercise by November 2018. The timeline... by 2020 from 19.9 in 2018, prices are projected growing by a steady rate of 0.9 to 1.1 percent
9% -
December current account deficit at 1.24 bln on falling services balance
EconomyMacroeconomyfrom November’s deficit of 954 million euros Bank of Greece (BoG) figures showed on Tuesday... was driven by a decline of 1.1 billion in non-residents holdings of Greek government bonds and T-Bills. Reserve assets rose month-on-month to 6.51 billion in December from 6.47 billion in November
9% -
CPI rises by 1 pct in June, staying positive for third month
EconomyMacroeconomyby January’s headline figure of -0.2 percent, which was the first negative reading since November... year-on-year increase in the index since November 2017. The average CPI for the 12-month period from... (-1.5 percent), household equipment (-1.1 percent) and recreation and culture (-1 percent). The month
9% -
Newsletter 175 -21/09/2018
, but the decision will likely stay on hold under November. pay, boosting consumption. “In our view.... The issue looks set to be decided by November, before Athens has to submit its 2019 budget to Greek..., bad loans in mortgages fell by only 1.1 percent versus a fall of 24.6 percent in the consumer
9% -
Newsletter 182 -9/11/2018
is seen at 2.5 percent, assuming much stronger private consumption at 1.1 percent, milder investment... by November 19, when eurozone finance ministers will meet again and Greece will be looking for some kind... on November 21. 2 Unemployment at 18.9 pct in August Number of jobless remains consistently under 1
9% -
CPI up by 1.8 pct in October, highest since March 2017
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1.8 percent in October after having risen by 1.1... being the first negative reading since November 2016. October’s reading marks seven straight months... the highest reading since March 2017. The average CPI for the latest 12-months since November 2017 came
9% -
NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBankingfor Project Symbol at the start of November with preliminary information being sent to interested investors... collateral is valued by NBG at 1.1 billion euros, of which 650 million concerns commercial property..., with zero Emergency Liquidity Assistance (ELA) exposure since late November 2017, assisted by capital
9% -
Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
EconomyMacroeconomyin Athens and by 0.9 percent in Thessaloniki. In other cities, prices rose by 1.1 percent, and by 0.7.... Building activity rose by 18 percent in November, dropping from a rise of 23.8 percent noted... building activity also centres around refurbishments rather than new builds. Up to November
9% -
Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingeach, are expected to contribute to NPE stock standing at 6.6 billion by the end of 2019. In November... requirements of between 1.1 to 1.2 billion euros due to the difference between the book value of the loans... year, he added that the bank’s strategic initiatives announced in November 2018 were of central
9% -
PMI at 53.9 points in Dec, marking solid end to 2019
EconomyMacroeconomyGreece’s manufacturing PMI edged down to 53.9 points in December from 54.1 points in November... the rate of change in inflation was mild compared to November. Purchasing activity also slowed... of 1.1 percent for the year as a whole in Greece."
9%