Search
-
Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingbillion and by 5.6 billion since the September 2015 peak. The NPE ratio edged up to 55.7 percent... the NPL ratio edge up to 35.5 percent in Q1 from 35.3 percent in Q4. The NPL coverage ratio stood at 80...) and NPE sales (-3.5 billion euros). Piraeus Bank has been stepping up efforts to reduce the balance
4% -
Lenders return to Athens with much work ahead to reach SLA by May 24
EconomyProgramme, although this will require efforts to be stepped up in the coming weeks,” he said. “Ideally, we would... are already under strong domestic pressure over the pension cuts that have been lined up for 2019... experience cuts of up to 30 percent at the most. He did not rule out the possibility that pensioners
4% -
Parties mull changes to electoral law, top judge resigns
PoliticsGreek PoliticsThe discussion about changes to the electoral law is hotting up in Greece, in a further sign... to Interior Minister Panos Skourletis the breaking up of the Athens “B” electoral district... for the changes. At the time, PASOK proposed breaking up the Athens “B” district and allowing Greeks
4% -
Central government debt grows to 343.74 bln in Q1
EconomyMacroeconomyin financial support mechanism loans (FSM). FSM loans continue to make up the lion’s share of overall.... A breakdown of the composition of borrowing for the first three months of 2018 showed that T-bills made up...-term (over 5 years) debt made up 76.7 percent of the total, while short-term (up to 1 year
4% -
As part of search for culprits in Boutaris attack, parties should look at themselves
Agora, was not afraid to criticise the government or opposition, opened up Thessaloniki to Jewish visitors... attacks such are Saturday’s can only be considered a natural consequence of this ramping up of tension... the flow of voters to Golden Dawn. In the run-up to the 2012 elections, for example, the opposition leader
4% -
Newsletter 163 -25/05/2018
of the solidarity tax for those earning up to 30,000 euros, will apply in both years as well. Greece... to wrap up most of the remaining prior actions. The draft legislation will also contain the changes... briefly at the meeting of eurozone finance ministers because the Washington Group, made up of some
4% -
Eurobank net profits at 34.5 mln in Q1
EconomyBankingpercent in Q4 2017. The NPL coverage ratio edged up to 70.6 percent. In the Greek market, the NPL ratio... part in reducing NPE stock going forward. Currently, Eurobank’s bad loan portfolio up for sale takes the form of loans up to 10,000 euros in credit card debt and unsecured overdrafts which have
4% -
MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammeorganisations. Growth will pick up to 2.4 percent in 2019 and remain above 2 percent before dropping to 1.8... was projected to accelerate with GDP up by 2.6 percent in 2019 but slowing thereafter to 2.3 percent... of 0.4 percent this year. Interest payments will start picking up from 2018, at 6.21 billion euros
4% -
Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomy. Receipts came to 489.9 million euros for the month, edging up by 1 percent to 489.9 million. Travel... to over 140,800. Those from France fell by 32.4 percent to 61,200 while UK visitors edged up by 0.9... that tourist numbers could reach up to 30 million, but warns that this might be the last year
4% -
The tie that binds
Agorasituation in any way. The event’s focus was an attempt to convince the public that SYRIZA had lived up..., is still fragile, the unemployment rate is still above 20 percent even though hirings have picked up, unpaid taxes continue to pile up and have passed the 100-billion-euro mark, more than 20 percent
4%