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  1. Newsletter 168 -29/06/2018

    Newsletters

    fiscal balancing act. Last Thursday’s Eurogroup outlined the set of commitments that the Greek... is seen levelling off at 1 percent in the long-term, which translates into a 3 percent long-term nominal... and trends in total factor productivity, as captured in the adverse scenario. The Commission concludes

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  2. Newsletter 196 -01/03/2019

    Newsletters

    since Greece exited its bailout – set out nine aspects of the Greek proposal that the country’s... of the three (out of a total of 16 reforms) with which the European Commission is not yet satisfied... level of ambition” in tackling state arrears, noting that the effort to bring total arrears down close

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  3. Eurobank net profits from continued operations fall by 12.2 pct in 2018
    Image via www.eurobank.gr

    EconomyBanking

    with Grivalia is set to leave Eurobank with the highest total capital ratio in Greece. P&L NII rose... loans, with NPE formation of -3 million. A rise of 1 million had been noted in Q3. NPL formation also... quarter. In total, the management noted that NPE stock fell by 3.5 billion year-on-year (YoY) to 16.7

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  4. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    the end of 2015, NPE reduction has reached 8.6 billion euros. The bank has set a target to reduce... percent in Q2 from 71 percent in Q1. The total Greek deposit yield stood at 37 bps in Q2, down from... percent QoQ to 61 million and increased by 3 percent to 120 million on an annual basis in H1. Trading

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  5. Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
    Photo by MacroPolis

    EconomyBanking

    releases 3 billion funds from the banks, which upon leveraging will total 30 billion. Minister... to normal operations as soon as possible. A total of 25 billion euros in loans, guarantees and subsidies.... Of the total, around 18 billion euros will be used to support businesses and 7 billion

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  6. Newsletter 371 - 24/02/2023

    Newsletters

    was drawn up, 650 million euros has been set aside for the Market Pass, and a one-off stipend..., followed by food and beverages at close to 23 pct and the top 3 closing with telecoms and tech at 17.8... than 40 pct of the total deals of last year, led by the sale of Chipita to Mondelez for 1.37 billion

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  7. Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in order to avoid heavier and more wide-ranging charges proposed by opposition parties. A total 154 lawmakers voted in favour, while 61 abstained from the marathon session in which a total 14 votes... with their vote; they were joined by 26 lawmakers from SYRIZA, 21 from Communist Party KKE and 3 independents

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  8. Greeks underwhelmed by deal with lenders, stressing uphill task for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in Efimerida ton Syntakton newspaper indicated that a total of 67 percent of Greeks view... believe it was “good” or “probably good.” A total of 14 percent is undecided. It is notable..., and the creation of a modern social safety net system.” Rice also insisted that the IMF’s decision

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  9. Is Greece on track to decouple from fossil gas?
    Photo via https://flic.kr/p/9bNvX6

    Agora

    of reduction of total gas consumption decided by the European Union for all its member states... pipeline. Total gas consumption The measures taken -admittedly late- by the European Union to safeguard... a reduction in the total consumption of fossil gas -not just Russian- of at least 15% over the period

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  10. What would a clean bailout exit for Greece mean in numbers?

    Agora

    Samaras’s government. I will attempt here to add some figures to the discussion and set out what... that it would have to roll over. 2017 and 2019 reflect the 3 and 5 year issues earlier in the year... the remaining funds available, a total of 16 billion euros. It is widely reported that Samaras’s intention

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