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Support for euro grows in Greece, strong mistrust of EU easing
Society, Greek trust in the EU gained 6 pps. Historically, trust for the EU among Greeks began to decline... (+1 pps versus autumn 2018) and 93 percent saying that it was bad (-1 pps versus autumn 2018). When
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingquarter, falling by 1.4 billion euros QoQ. This was driven by sales of NPE portfolios totalling 1.... The negative formation in Q2 came to 1.36 billion euros, which includes 1 billion euros from the ‘Mirror... quarter of the year. P&L Net interest income (ΝΙΙ) rose by 6 percent QoQ to 309 million, which
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ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politicstheir support drop by 1 percentage point since September, but New Democracy is on 38.5 percent, with SYRIZA lagging on 25 percent. KINAL remains on 6 percent, ahead of the Communist Party (KKE) on 4.5... taxation, 10 percent identified law and order issues and 8 percent investment. Just 1 percent pointed
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Central government debt down to 353.85 bln in Q3, average maturity stable at 21 years
EconomyMacroeconomy, representing 6 percent of the total. The breakdown also showed that special purpose and bilateral...-term (over 5 years) debt made up 77.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.1 and 10.3 percent of the total figure, respectively
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Newsletter 229 -22/11/2019
years. The overall surplus will reach 1 percent of GDP in 2020, in keeping with the requirements... the target by 811 million. Overall, the PIB balance landed on a deficit of 1 billion euros. Greece’s... (+6 percent) and intermediate goods (+3.4 percent).
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Overall loan interest remains at 4.34 pct in December
EconomyMacroeconomyat a floating rate dropped by 6 bps to 2.78 percent. The average interest rate on corporate loans without... in the previous month. Deposits The overall weighted average interest rate on new deposits dropped by 1... interest rate on deposits from households with an agreed maturity of up to one year decreased by 1 bps
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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomy), followed by extrabudgetary funds (-56 million), local governments (-8 million) and hospitals (-1 million). Increases were seen in tac refunds (+161 million) and state budget arrears (+6 million... of the total). Bonds edged up by 1 million month-on-month and stood at 55.60 billion, representing 15.6
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Newsletter 250 -11/05/2020
percent. Primary cash surplus at 774 mln in March Study suggests 1 in 3 employees could work remotely... was unchanged month-on-month at 320 million. Gg entities edged down by 6 million month-on-month, while... make up just 1 percent. On the other hand, industrial plant, machinery and equipment operators have
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Newsletter 252 -29/05/2020
funding. BoG’s range of forecasts for this year is 4.5 to 9.5 pct, with 6 pct recession being... such as Thessaloniki, will resume on July 1. Year-round hotels and campsites are due to open on June 1, followed
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingoperations, results came to a loss of 1 million euros versus a loss of 571 million euros in Q4... of 416 million on 486 million of total Q1 provisions. Core pre-provision income (PPI) fell by 6 percent quarter-on-quarter (QoQ) to 137 million. Year-on-year (YoY) fell by 1 percent compared to Q1 2019
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