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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingeuros at the end of 2015 making up just 1.1 percent of the five Greek banking groups’ assets. Its... framework set by the Single Supervisory Mechanism of the ECB. The Extraordinary General Meeting (EGM... by TAPILTAT, and the new date for the EGM was set on September 20. It in worth noting that the bank
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Newsletter 118 - 12/05/2017
for a vote on the draft legislation by the end of next week. The initial schedule set out by parliamentary... falls into a grey area. The precedent set during similar situations in previous years means... by 6,900 to 1.1 million, the lowest reading since February 2012. Over the last twelve months
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Tsipras returns from US with positive sentiment but absence of tangible results
PoliticsForeign Policythere was an agreement to set up a joint team at the Greek Economy Ministry and the US Commerce... revealed during the news conference on Tuesday that Greece is set to agree a 2.4-billion-euro deal to upgrade its F-16s. Greek officials briefed the local media that Athens would only be paying 1.1 billion
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Newsletter 150 -26/01/2018
war between the government and New Democracy, which is set to intensify in the near future. Parliament now has to decide whether to set up a preliminary inquiry, whose task it will be to decide whether... the growth of the first nine months of 2017 to 1.1 percent. The last time Greece grew for three
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Newsletter 171 -20/07/2018
council discussed on Tuesday the measures that the prime minister will announce. The package is set... as the perfect opportunity for Tsipras to announce an end to their partnership and set the date for early... by around 87 million euros. Monthly gross revenues increased by 1.1 percent year-on-year (YoY) to 3.73
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Newsletter 182 -9/11/2018
the pressing fiscal targets have remained. The collection of measures set to be unfurled by the government...-legislated measures of 2019 and 2020 go ahead as planned, Greece is set to overachieve its fiscal target... is seen at 2.5 percent, assuming much stronger private consumption at 1.1 percent, milder investment
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IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
Economy, the IAPR has set a target of enforced debt collection methods to 66 percent of the total amount of tax... revenue. A total of 42,877 debtors (1.1 percent) to the state owe over 93 billion euros in total, while... 1,050,077 in 2017, an increase of 11.3 percent. The IAPR had set a target for debtors against whom
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Newsletter 216 -26/07/2019
it believes will improve Greece. The government is set to bring three bills to Parliament by August... elections. The draft legislation is also set to contain a provision for the scrapping of the so-called... to 1.1 million. Visitors from non-euro areas within the EU 28 showed a decline of 7.9 percent to 687,500
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBanking) dropped by 1.1 billion euros and stood at 8 billion. This led the group NPL ratio to stand at 24.4 percent. The NPL coverage ratio stood at 76.6 percent. The bank has set a target for NPLs to stand..., is also set to close in Q4 with a gross book value of 1.2 billion euros. A portfolio of Greek shipping
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PM unveils 1.1-billion-euro anti-inflation package to opposition scepticism
PoliticsGreek PoliticsMitsotakis of being too timid and missing the mark. An additional 1.1 billion euros in targeted benefits... in casual attire and displaying some stubble, he set the scene by saying that the world is dealing... months. Parents, low-income pensioners, and recipients of a range of state benefits are also set
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