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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingcost to income ratio came to 54.6 percent in the quarter from 55.5 percent in the previous quarter... (+1.4%), implying a CoR of 1.9% over gross loans, same as in the previous quarter vs. an average
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyto the same quarter in the previous year, GDP at current prices increased by 2.2 percent from... for next year is seen at 2 percent, from 2.1 percent in the previous outlook.
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Newsletter 218 -06/09/2019
by the fact that some key projects, which had stalled under the previous government, now seem... the Council of State upheld the company’s appeals against previous Energy Minister Giorgos Stathakis, who
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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgramme-ended Asset Purchase Programme in the volume of 20 billion euros per month. The previous round... on the previous round because the permanent solution for debt relief did not come before the summer of 2018, just
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Growing Greece: From narrative to reality
Agoratoxic in previous election contests. That Mitsotakis campaigned successfully based on pledges of tax... implementation. The government would be wrong to think that this was a weakness of previous administrations
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Overall loan interest rate edges up to 4.68 pct in August
EconomyMacroeconomybusiness dropped to 398 million euros from 759 million in the previous month. The rate on loans... million in the previous month. Deposits The overall weighted average interest rate on new deposits
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomyGreece’s growth prospects in 2019 compared to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO
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Newsletter 224 -18/10/2019
to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent
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Disposable income rises by 5 pct YoY in Q2, final consumption up by 1 pct
EconomyMacroeconomyGreek household disposable income grew by 5 percent year-on-year (YoY) in the second quarter (Q2) of 2019, increasing from the rise of 4.9 percent noted in the previous quarter, according to Hellenic... percent YoY compared to an increase of 4.5 percent in the previous quarter, and stood at 16.85
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Credit contraction at 0.5 pct in Sept, balance at 157.28 bln
EconomyMacroeconomybillion from 159.90 billion in the previous month. The net lending flow remained negative... monthly outflows of -145 million euros in the previous month. This resulted in the household loan
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