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  1. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    by around 500 million QoQ to 38.41 billion leading loan-to-deposit ratio down to 127 percent from 129... formation of more than 500 million in H2.

    4%
  2. Who pays property tax and how much revealed by Greek authorities

    EconomyMacroeconomy

    percent of individuals (5.9 million) are due to pay a tax of no more than 500 euros each, while... a tax of 500–2,000 euros each for a total amount of 1.1 billion euros, accounting for 40.6 percent

    4%
  3. Bad news for Greek Shipowners? Tonnage tax under European Commission scrutiny

    Legal

    vessels as well as foreign vessels above 500 tonnes which are involved in international transportation... and regarded by all distinguished international legal directories, such as Chambers and The Legal 500

    4%
  4. Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    NPE evolution in Q3 two thirds relate to re-defaulted customers, while exits stood at 500 million... reached 500 million in the two months of Q4, 400 million from Greece and 100 million from its

    4%
  5. NBG reports net losses in Q2, NPEs down for fifth straight quarter
    Photo by MacroPolis

    EconomyBanking

    , the parent NPE stock dropped by 500 million during H1 to 18.2 billion and currently stands very close... at 500 million.

    4%
  6. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    with the NPL coverage ratio staying broadly stable at 68-69 percent. The bank noted that 500 million euros... transactions (900 million), deposit inflows (900 million), security disposals (500 million) and loan

    4%
  7. NBG steps back into markets with 750 mln covered bond issue
    Photo by MacroPolis

    EconomyBanking

    euros in bids compared to an initial target of 500 million euros. The oversubscription raised the final..., Piraeus Bank announced recently the issue of a five-year covered bond, worth 500 million euros

    4%
  8. General govt primary cash surplus at 5.34 bln in nine-month, sharp fall in arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the previous month’s figure of 46 million euros. The figure for the same ​period last year was 500... in Emergency Liquidity Assistance (ELA) guarantees. Bank support also fell by 500 million while smaller

    4%
  9. Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
    Image via www.eurobank.gr

    EconomyBanking

    was further reduced by roughly 500 million QoQ to 21.6 billion. The NPE ratio declined by 40 basis... of 2.98 percent. It was over-subscribed by more than two times and generated 500 million euros. Gross

    4%
  10. Less than 10 pct of 99.97 bln overdue taxes deemed collectible by authorities

    EconomyMacroeconomy

    The annual report by the Independent Authority of Public Revenues’ (IAPR) for 2017 revealed that the overwhelming majority of those who owed taxes to the state at the end of 2017 owe sums of 500..., over 337,000 owed between 10 and 50 euros and 1.3 million owed between 50 to 500 euros. The report

    4%