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Greece working on plan for multilateral talks in East Med
PoliticsForeign Policyin the proposal are Greece, Cyprus, Turkey, Egypt and Libya. The conference does not include Israel... to be Ankara’s refusal to participate in any forum that excludes Turkish Cypriots, while Libya... from Libya to represent both factions. Whether conditions on the ground make this feasible remains
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Newsletter 38 - 07/08/2015
of new cards issued, which reportedly exceeded 1.1 million in July compared to an average of 100,000... reportedly issued 1.1 million new cards in July, more than ten times what they normally would. increase... in June. According to the latest official ECB data for 2013, the total number of cards issued
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingby 2.7 percent QoQ to 279.7 million, while the figure for nine months showed a decline of 1.1 percent... to 11.6 billion in September and by another 1.1 billion euros until November. Specifically, Emergency Liquidity Assistance (ELA) funding has been reduced by a total of 4.1 billion since Q2 to 7.3 billion
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBanking, with the NPE cash coverage ratio standing at 47 percent, and total NPE coverage at over 100 percent... by 1.1 percent on an aggregate basis. The cost to income ratio came to 53.4 percent in the quarter...) funding was reduced from 2.5 billion in Q2 to 1.1 billion in Q3, declining again to around 800 million
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Newsletter 51 - 12/11/2015
in covering their total capital needs of 14.4 billion. At the same time, the banks announced the results... on the evening of November 12 and bondholders of around 1 billion of the total tendered 1.09 billion are believed to have accepted the voluntary offer. Since the bank’s total capital needs (under
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Rise in number of Greeks insured in 2015 but average salary edges down
Economy, the average employment for the total number of workers eased by 1.1 percent to 21.59 days in 2015... employment rose by 5.1 percent to 1.32 million making up 71.5 percent of total. Individuals with part-time... percent of total employed at the end of 2015, up from 27.6 percent in 2014. The average employment
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Newsletter 191 -25/01/2018
), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018. The total sum involved came to 2.30 billion euros. The bulletin excludes... paid out. Out of the total number of pensions paid, 2.8 million relate to main pensions, 1.2 million
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Athens and Washington agree plan for closer ties as Skopje paves way for name deal
PoliticsForeign Policywith news regarding the first ever shipment of liquefied natural gas (LNG) from Texas to Greece. It is expected to arrive at the Revithoussa LNG terminal, west of Athens, on December 29. In a statement on Thursday, Greece’s Energy Ministry confirmed that LNG from the US will be unloaded before the end
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Government focusses on security of energy supplies in light of Ukraine escalation
PoliticsGreek Politicsplans are thought to involve building up reserves at the LNG terminal at Revithoussa and increasing... to be considering the possibility of bilateral deals with alternative sources of LNG such as Egypt, as intensified competition for LNG shipments globally is expected to cause further price spikes and restrict
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Government seizes crisis moment to boost investment in energy infrastructure
PoliticsGreek Politicssupply, and has lately been taking delivery of LNG from the terminal of Revithoussa via the Greek gas... gas infrastructure projects are being approved in Greece, focussing mainly on opening up new LNG... of the capacity of Greece’s only existing LNG terminal at Revithoussa. Over 44 percent
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