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How Greek banks moved into a new era
Agorain Alpha and Piraeus currently stand at 2.2 billion and 400 million respectively. The banks’ stock..., with banks’ current estimates pointing to a peak of the NPL ratio close to the end of the year easing... this year. Current consensus estimates point to a loss-making year for all banks except National, while
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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingcontracted 2.2 percent QoQ to 71.4 billion euros, with corporate loans making up almost two-thirds of total.... The bank estimates synergies of 10 million and positive liquidity of 0.3 billion due to the acquisition... Ahli Bank of Kuwait for a consideration of 150 million dollars. The bank estimates
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomypercent discount in VAT on islands (2.2 billion) 2) Increase in the solidarity levy rates (390.... The key macro assumptions and fiscal estimates in line with those agreed with the institutions in mid.... For 2016, GDP is expected to slip to 173.37 billion. Fiscal estimates The primary balance based
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PBO highlights areas of uncertainty for 2020 budget
EconomyMacroeconomythe European Commission and the IMF estimates (2.2 percent). The PBO argues that although..., the effectiveness of the motives for higher electronic transactions and the ambitious growth estimates... highlights that in nominal terms the positive impact estimated in the budget is just short
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Newsletter 241 - 28/02/2020
takes note of the economic progress, with Greece expected to secure growth of 2.2 percent in 2019... for such estimates. Nevertheless, key sectors of the Greek economy are expected to suffer the effects of reduced... Theocharis estimates based on industry sources that the cancellation rate of Chinese bookings in Greece
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Newsletter 257 -07/07/2020
percent before recovering by 2.2 percent in 2021. Also during the week, it was revealed that the stock... contraction of 9 pct in 2020, from 9.7 pct in the spring estimates. Although Greece can take some comfort..., the Finance Ministry now estimates the deficit at 7 pct of GDP, or close to 15 billion euros, which
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Newsletter 278 -14/12/2020
employed amounted to 3.9 million. The employment rate increased by 2.2 percent compared to the previous... contracting by 10 pct this year, broadly in line with the Finance Ministry’s estimates included... government primary balance is expected at 7.3 pct of GDP, in line with Finance Ministry estimates
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IMF sees solid primary surplus from 2023, debt falling to below 150 pct of GDP by 2027
EconomyMacroeconomythe forecast horizon, landing at 2.2 pct of GDP by 2027 and 1.2 pct of GDP next year. Revenues as part.... It will be 1.4 pct in 2024, 1.6 pct in 2025 and estimated at 1.9 pct in 2026. The estimates... these estimates were at 178.7 pct of GDP in 2023 and under 161 pct, at 160.7 pct of GDP by 2027. This change
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Newsletter 442 - 22/11/2024
, the underlying numbers highlight the challenges for the coming years. According to the latest estimates, the Greek economy is expected to grow by 2.2 pct this year, essentially unchanged from the 2.3 pct of last... and investments, is also captured in the 2025 estimates as they are seen growing by 3.6 pct in 2025
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Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomynumbers highlight the challenges for the coming years. According to the latest estimates, the Greek economy is expected to grow by 2.2 pct this year, essentially unchanged from the 2.3 pct of last year... and investments, is also captured in the 2025 estimates as they are seen growing by 3.6 pct in 2025
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