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NBG reports full year net profits of 50 million euros from continued operations
EconomyBankingwith negative formations of 2.4 billion and write-offs 3.7 billion, around 2 billion of which were... of a 2 billion euro portfolio of unsecured retail and SBL portfolio in Greece for a total consideration... million in Q3. For the year, the figure showed a loss of 14 million compared to a loss of 6 million
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Newsletter 237 -31/01/2020
but which went sour during the crisis will also need to be settled as banks are claiming more than 2... with 32 percent, 85 percent international and 16 percent from Greece. 2 Budget primary surplus... to sole proprietors increased by 14 million euros compared to outflows of 32 million euros
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Newsletter 266 -18/09/2020
capacity, adding that 14 of the 40 extra ICU beds promised last week have been delivered... forecasts. 2 Current account deficit at 874.5 mln in July Sharp drop in travel receipts drives..., against an increase of 2 percent in 2018. Apartments over 5 years old saw prices increase by 6.9 in 2019
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Newsletter 267 -02/10/2020
, housing (14 percent) and transport (13.4 percent). The smallest share of expenditure was education... households,19.1 percent of the budget is spent on food. 2 Budget primary at deficit of 5.48 bln in August... September 2018 when it dropped to -42.7. Retail trade fell by 2 points month-on-month to -20.3 points
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Newsletter 278 -14/12/2020
are aiming to vaccinate more than 2 million Greeks next year, but recent opinion polls indicate... Greece bank. 2 Wages index up by 3 pct YoY in Q3 Quarterly figure shows drop of 1.5 pct versus Q2... to 14 consecutive quarters. It has also stayed above the 105-point mark for nine consecutive
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Newsletter 296 - 14/05/2021
programme on Wednesday. Theoharis, in the UK to promote Greece as a tourism destination ahead of the May 14... rate by 2 pct points. The deficit is seen dropping significantly to 3.2 pct of GDP by 2022. After... households. Ongoing legal challenges regarding previous reforms remain a risk. 2 CPI falls by 0.3 pct YoY
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MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid
EconomyMacroeconomyis expected to have a small primary deficit of 0.5 pct of GDP, before returning to primary surpluses of 2... that Greece has committed to primary surpluses in the region of 2 pct of GDP up to 2060 to comply... that is seen rising by 30.3 pct in 2022 and exports recovery that will peak at close to 14 pct growth
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Discussion over PEPP, SGP draw attention to rising yields
EconomyFeatures14 billion euros. The latest transaction took place on September 1, whenthe PDMA reopened the 5... pct and approaching 2 pct respectively. As the ECB’s emergency programme comes to an end in March next... sustainability analysis by the European Commission, a primary balance of over 2 pct of GDP is seen
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Lower trading income for NBG keeps net profits at 490 mln in H1
EconomyBankingof 24 pct. Pre-provision income (PPI) stood at 686 million euros, down by 14 percent on the 800 million... were virtually unchanged, standing at 1.9 billion euros at the end of H1, from 2 billion euros in Q1... cost in H1 was 1 basis point, from -2 basis points in Q1 this year Capital The CET1 ratio stands
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Resurfacing of Prespes Agreement troubles PM as poll picks up on protest vote
PoliticsGreek Politics, and Demokrates – a left-nationalist party led by former PASOK minister Andreas Loverdos – garners 2 pct... 14 pct, meaning that the second and third party combined come uncomfortably close to ND’s figures. The results would yield 8 seats for ND, 4 for SYRIZA, 3 for PASOK, 2 apiece for Communist Party KKE
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