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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammetakes the total amount of ESM financing resources drawn by Greece to 61.9 billion euros, leaving 24.1... in the official SBA documentation why unfavourable demographics and Greece’s total factor productivity does.... In the previous DSA, total proceeds from privatisations were expected to reach 17 billion euros
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingmillion in Q2. As mentioned, the target for NPE stock across the rest of the year is for the total... are in Athens and Thessaloniki. The total portfolio is worth around 22.8 million. P&L NII was more or less... and commission income accounted for 52 basis points of total assets in Q2. Operating expenses fell by 0.8
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Newsletter 202 -12/04/2019
newspaper. The PDMA has already around 70 percent of the total 7 billion euros that Greece... 6,043 owe above 1.5 million euros each. The total outstanding amounts owed by taxpayers according... months have shown the first consecutive monthly rises in unemployment. Prior to this, unemployment rates
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Newsletter 226 -01/11/2019
. Greece auctioned 625 million euros and the total amount offered was just above 1.8 billion euros... one of the most advantageous debt profiles of all the sovereigns it rates in terms of maturity... than 20 percent of total debt, or less than 40 percent of GDP. The budget primary balance recorded
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BoG data shows drop in card usage in first half of 2019
EconomyFeaturesthat in the first half of 2019, the total number of payment cards in circulation rose by 4 percent compared... cards made up 84 percent of the total, and credit cards came to 16 percent. However, while card numbers increased, the total number of transactions and their volume declined in the first half
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New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeaturesto data from Eurostat, tracking the growth of new businesses in 2017. The data showed that the total... generated by these newly created enterprises came to 2.4 percent of total employment in the EU in 2017... percent). New businesses as a percentage of total active businesses was the lowest of all EU 27
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Newsletter 256 -03/07/2020
. Surveys show hotel occupancy rates at roughly 20 percent, with large parts of the hospitality sector still.... The portfolio of bad loans in question is secured against real estate assets with a total on-balance sheet..., bringing the total to 2.08 billion euros. Total debtors now stand at 3.95 million, down by 38,639
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Newsletter 258 -07/17/2020
, taking the total number in Greece since the virus emerged to almost 4,000. Thursday’s numbers were... to countries with high infection rates. KINAL has described the latest tightening as “too little too late.... It is estimated that the total bill for backpay could reach almost 4 billion euros, which
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankingcoverage increased to 44.8 percent. Total coverage stands at 101.7 percent. NPL balances in Greece... at 64 percent, while total coverage including collateral came to 117 percent. Regarding the auctions... percent over total loans, while the NPE ratio will be reduced to 24 percent. P&L NII came to 381.8 million
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Newsletter 290 - 26/03/2021
of reach. The latest development, along with the worsening infection rates in the rest of Europe... of fiscal support to date, the PBO estimates on a cash basis total support so far at close to 25 billion... has declined by 0.6 percentage points (pps) from the Q4 2019 figure of 16.8 percent. A total
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