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  1. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    , and for imports of goods and services to rise by 6 percent. GDP at current prices was static in Q4 after... consumption fell by 1 percent in Q4, picking up pace from the decline of 0.2 percent noted in Q3. General..., travel receipts were foreseen to increase by at least 1 billion and range between 14.2-14.5 billion

    18%
  2. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    . P&L NII rose by 1 percent QoQ, slowing from an increase of 1.3 percent in Q3, and stood at 373... implementation Greek banks are expected to increase provisions by roughly 6 billion euros. The IFRS 9... the total impact for the first year is expected at 16 bps. Capital The phased-in Common Equity Tier 1

    18%
  3. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    , impairment losses also declined by 13.9 percent to 1 billion, while the cost of risk fell to 172 bps from... are expected to increase provisions by roughly 6 billion euros. IFRS 9 becomes effective as of 2018... to around 50 percent. Capital The Common Equity Tier 1 (CET1) ratio stood at 18.3 percent, up by 51

    18%
  4. Newsletter 162 -18/05/2018

    Newsletters

    laid out for the coming years would be applied as initially intended, which means that the 1 percent... to pensioners just before the pension cuts take effect on January 1. According to Energy Minister... times. It concluded that PPC would be considered viable at a debt to earnings ratio of between 4 to 6

    18%
  5. The race to reduce Greece's bad loans

    EconomyBanking

    and unsecured overdrafts which have not been serviced for around 5 years, coming to a total of 1 billion... to around 6 percent of the total outstanding principal amount, will be capital accretive adding..., totalling roughly 1 billion euros, which are collateralised. With strong interest in all bad loan sales so

    18%
  6. Newsletter 169 -06/07/2018

    Newsletters

    of not having to implement the cuts, which aim to reduce pension spending by 1 percent of GDP, might... growth will outpace imports, growing on average by 6 percent, compared to 5.5 percent for imports... by 2020 and a marginal deficit of 0.1 percent of GDP in 2019. Prices will grow on average by 1

    18%
  7. NBG remains profitable in Q2 with net results of 21 mln
    Photo by MacroPolis

    EconomyBanking

    of 6 percent of the principal amount, which they said represents the most capital accretive... of small enterprises, totalling roughly 1 billion euros, which are collateralised. P&L Net interest income... covered bonds. Capital The Common Equity Tier 1 (CET1) ratio stood at 16.2 percent in Q2 from 16.5

    18%
  8. General govt primary cash surplus at 2.82 bln in July, arrears unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    period, rising by 443 million (1 percent) to 43.03 billion in the first seven months of the year... lending was largely unchanged and came to 2.38 billion euros, or under 1 percent of the total... at 350 million euros. Gg entities came to around 4.30 billion, declining by a slight 6 million. Non-gg

    18%
  9. Newsletter 183 -16/11/2018

    Newsletters

    of GDP primary surplus target in 2019 even if does not go ahead with the 1 percent of GDP reduction..., apartment prices rose by 1 percent, gaining slightly on the previous quarter-on-quarter rise of 0.8... to September’s sum of 12.23 billion euros. October’s figure was driven by a very slight decline of 6 million

    18%
  10. Central government debt increases by 10.7 bln to 356.03 bln in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ). T-Bills increased to 15.28 billion, while repos 21.21 billion, representing 6 percent... of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 13

    18%