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Newsletter 16 - 20/02/2015
in the last quarter of 2014. Moreover, Bank of Greece data on the central government net cash.... The government’s strong support so far means that Tsipras’s position within his party is virtually... in his cabinet, Prime Minister Alexis Tsipras chose former New Democracy Interior Minister Prokopis
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Strong start for Greek stocks but they end week down 3.4 pct
EconomyDespite a strong rebound on Monday, the Greek equity market traded on negative ground... EBIDTA also fell by 5.7 percent to 350 million. However, net profits rose by 13.3 percent to 78.3... percent to almost 60 million. Nevertheless, net profits sharply dropped by 56.6 percent to 12
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Budget primary surplus at 2.33 bln in April on strong PIB underspend
EconomyMacroeconomyby just under 200 million euros. Net revenues came to 14.42 billion euros, above target by 689... time last year which came to 956 million. As mentioned, net revenues amounted to 14.42 billion euros..., a strong improvement against the figure for the same time last year of 651 million and beating
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesgovernor's annual report, BoG analysts said that 2019 was a strong year for the Greek real estate... investment in the real estate market. BoG noted that the net inflow of funds for real estate... mean fewer high net-worth Chinese investors visiting the country this year in connection
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Newsletter 114 - 07/04/2017
2001 The employment balance remained positive in March, with net hirings jumping to 38,517 from... in February. The biggest contributor net hirings was accommodation (+11,898) ahead of the Easter period... the employment balance into positive territory for the first quarter, with net hirings reaching 33,638 from
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Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
EconomyMacroeconomyby 1.51 billion, reflecting a strong underspend with primary expenditure coming in 1.16 billion lower..., net revenues amounted to 21.34 billion in the six-month period and remained slightly above target... period showed primary expenditure declined by 4 percent to 19.33 billion, still entailing a strong
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Investment grade boost visible in strong demand for Greek assets
Economybillion euros with a yield of 4.279 pct and strong demand that reached 22 billion euros. At the end... Financial Stability Fund (HFSF), with the transaction attracting very strong interest. Total demand... this week, a result which is expected to net the Greek state 785 million euros in revenues. The government
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingPiraeus Bank’s third quarter (Q3) results showed a net loss of 19 million euros, undoing the net... income. Net interest income (NII) fell by 1 percent to 431 million euros QoQ, while operating expenses... that the current NPE formation trends being observed in Q4 were strong too. Due to write-offs the NPE
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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankingPiraeus Bank’s fourth quarter (Q4) results showed a net profit of 12 million euros from continued... (QoQ) to 144 million in Q4. On an annual basis, PPI fell by 4 percent to 1.04 billion euros. Net... Ameoba, has attracted strong interest. The first phase was recently completed, with the second phase
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Newsletter 113 - 31/03/2017
ministers in Malta. Before Thursday’s EWG, there had been a strong feeling of optimism that an agreement had... percent in February, according to the BoG. At the same time, net deductions significantly slowed to 101... months, the corporate sector has recorded cumulative marginal net deductions of 10 million, while
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