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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economyis fully funded until 2022-23, which makes the country significantly cushioned against any financing... weak, with NPEs standing at 45 percent of total loans as of the end of March. There is a combination... is for them to drop to 20 percent of total loans by 2021. The economic recovery, improved real estate prices
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingin mid-July 2018, meaning ECB funding makes up the total current sum. QoQ, the bank reduced its ECB... of this year. A total of 3.5 billion euros worth of portfolio sales are in the pipeline for 2020. These consist
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Greece worst in EU for gender equality as power resides overwhelmingly with men
Societythey are from reaching gender equality. The Index uses a scale of 1 to 100, where 1 represents total inequality and 100 represents total equality. The scores are based on the gaps between women and men... no children. The report found that women in Greece earn on average 87 cents for every euro a man makes per
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Newsletter 230 -29/11/2019
to 5 percent on the amount repaid, the prepayment makes next year’s maturity profile even more benign... euros. During the first ten months of the year, total expenditure came to 42.46 billion, landing... of the year. Total deposits, which also include the general government (gg), rose by 50 million in October
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Study sheds light on different experiences, aspirations of new and long-term migrants
Societythey envision the future Migrant flows In 2019, there were a total of 55,348 arrivals in Greece by land.... This is due to a combination of the economic crisis, which makes entering the job market prohibitive.... It emerged during the survey that a total of 84 percent of new migrants said that they intended to leave
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economytheir exposure to repos by March, taking advantage of the ECB’s TLTRO III announcement. Total interbank... million. Total GGB holdings were in excess of 10 billion euros, which the ECB now accepts for its... effectively makes Greek banks as active players in the Greek sovereign debt market that could facilitate
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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeatureswill be around 500 million euros, while the project's total footprint could reach 1 billion euros... that makes it attractive, suggesting that investors are now attributing the continuing improvement... and increase the share of ICT specialists to 2.3 percent of total employment, adding extra value of 1.1
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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomyMinistry makes a point in highlighting that the funds from the Recovery and Resilience Fund (RRF.... The total cost is 24.16 billion euros, 21.47 billion of which is allocated to 2020. The actual cash impact... euros of 2020. The total deficit will come to 6.92 billion, from 14.7 billion in 2020, and come to 3.7
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WWF sets out road to green economic recovery in post-Covid landscape
EconomyFeaturesfor ecosystems and biodiversity would be highly beneficial. A total of 10 investment programmes were outlined... in Greece, the WWF said that the current situation makes it clear that the country’s business model..., only 18 percent of total municipal waste is recycled compared to the EU’s target of 50 percent
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Newsletter 275 -27/11/2020
Greece makes pitch for EU funds Athens unveils RRF proposals as Pissarides committee also delivers... from REACT-EU, taking the total EU flow to 5.51 billion euros. Private consumption is expected... leads headline figure Total deposits, which also include the general government (gg), rose by 2.32
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