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  1. Newsletter 38 - 07/08/2015

    Newsletters

    of new cards issued, which reportedly exceeded 1.1 million in July compared to an average of 100,000... reportedly issued 1.1 million new cards in July, more than ten times what they normally would. increase... in June. According to the latest official ECB data for 2013, the total number of cards issued

    7%
  2. Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
    Photo by MacroPolis

    EconomyBanking

    by 2.7 percent QoQ to 279.7 million, while the figure for nine months showed a decline of 1.1 percent... to 11.6 billion in September and by another 1.1 billion euros until November. Specifically, Emergency Liquidity Assistance (ELA) funding has been reduced by a total of 4.1 billion since Q2 to 7.3 billion

    7%
  3. Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
    Image via www.alpha.gr

    EconomyBanking

    , with the NPE cash coverage ratio standing at 47 percent, and total NPE coverage at over 100 percent... by 1.1 percent on an aggregate basis. The cost to income ratio came to 53.4 percent in the quarter...) funding was reduced from 2.5 billion in Q2 to 1.1 billion in Q3, declining again to around 800 million

    7%
  4. Newsletter 51 - 12/11/2015

    Newsletters

    in covering their total capital needs of 14.4 billion. At the same time, the banks announced the results... on the evening of November 12 and bondholders of around 1 billion of the total tendered 1.09 billion are believed to have accepted the voluntary offer. Since the bank’s total capital needs (under

    7%
  5. Rise in number of Greeks insured in 2015 but average salary edges down
    Photo by MacroPolis

    Economy

    , the average employment for the total number of workers eased by 1.1 percent to 21.59 days in 2015... employment rose by 5.1 percent to 1.32 million making up 71.5 percent of total. Individuals with part-time... percent of total employed at the end of 2015, up from 27.6 percent in 2014. The average employment

    7%
  6. Newsletter 191 -25/01/2018

    Newsletters

    ), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018. The total sum involved came to 2.30 billion euros. The bulletin excludes... paid out. Out of the total number of pensions paid, 2.8 million relate to main pensions, 1.2 million

    7%
  7. Newsletter 207 -24/05/2019

    Newsletters

    SYRIZA a last-minute boost. OECD lowers growth forecast Total for overdue tax hits 104.5 bln... is seen at 2.1 percent, slightly lower than the 2.2 percent expected in November last year. Growth... of Public Revenues (IAPR) which showed that new overdue taxes rose by 489 million in March. The total

    7%
  8. Parties' competing tax pledges come up against challenging reality

    EconomyFeatures

    and their practical feasibility. Tax base A total 8,907,722 individuals declared income in the tax year 2017... an increase of 7 percent in the number of declarations over 2012. However, total taxable income fell... on an individual basis fell from 11,500 euros in 2012 to 9,015 in 2017, a drop of 22 percent. Total income tax

    7%
  9. Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
    Photo by MacroPolis

    EconomyMacroeconomy

    . The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct... seen to grow by 5.7 pct this year and exports growth is seen at 2.2 pct. Investments were... for this year of 247.51 billion. Consumer prices next year are seen rising by 2.2 pct, slowing from 2.6 pct

    7%
  10. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    to 1.23 billion in November, grants to hospitals jumped to 388 million in November from a total... largely due to a drop in VAT revenues by 1.1 percent, while consumption taxes marginally improved.... Despite the notable over-performance by 806 million in November, the December total revenue figure

    7%