Search
-
Newsletter 149 -2/02/2018
by 0.5 percent and grow by 1 percent in 2020. Commercial real estate will grow by 0.3 percent each... debt now stands at 12.93 billion euros. This represents a decline of 7 percent against the figure... volume falls by 2.9 percent after a revised drop of 1 percent in October Greece’s retail sales fell
14% -
Eurobank net profits at 34.5 mln in Q1
EconomyBanking, also staying negative for a sixth quarter. An increase in NPE formation of 7 million euros was noted..., the decline was -62 million, followed by small businesses (-12 million) and consumer loans (-1 million... not been serviced for around 5 years, coming to a total of 1 billion which the bank aims to sell
14% -
Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingby 9.1 percent QoQ to 267.8 million, declining by 1 percent YoY. The cost to income ratio came... was reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB... by 1 billion QoQ to 35.9 billion at the end of Q1, increasing by 2.8 billion YoY. On a domestic
14% -
Newsletter 186 -07/12/2018
to a report in To Vima weekly last weekend, Greece will look to raise 7 billion euros from the markets... in coming years Greece’s seasonally adjusted (SA) GDP grew by 1 percent quarter-on-quarter (QoQ... from 4.76 million in August. GDP growth of 1 pct seen QoQ in Q3 In current prices, the increase YoY
14% -
General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
EconomyMacroeconomyfunds (+45 million) and state budget (+7 million). Since the start of the year, total arrears have... (+1 million). At 30.5 percent, arrears of SSFs made up the majority of arrears during the month... and came to 2.38 billion euros, or under 1 percent of the total. Guarantees The stock of gg
14% -
Newsletter 197 -8/03/2019
ministers will not be in a position to give the green light for almost 1 billion euros in debt... strategy, which had a baseline scenario of raising 7 billion from new debt issuances. The yield... to revised data, the increase in the first, second and third quarters of 2018 was 0.3 percent, 1
14% -
Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomythat house prices increased by 1.7 percent in 2018, compared to an average price contraction of 1... compared to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price... increases of 11.1 percent and 7 percent, respectively. In 2018, the revised figures show that prices rose
14% -
Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicsthe July 7 elections. VAT on the construction of new buildings will be suspended for three years, while... July 1 next year. Mitsotakis said the aim is to bring them down by 1 percentage point by the end... two years should be to enhance our bilateral trade from 650 million dollars in 2018-19 to 1 billion
14% -
BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBankinginternal capital. The capital adequacy of Greek banks stood at 15.6 percent in Common Equity Tier 1... at 2.89 percent, well below the EU average of 7 percent. The main hypotheses are that systemic banks... of NPEs between 1 and 10 percent brings relief of 500 million to 5.2 billion euros to the balance sheet
14% -
PDMA sets 2020 goals to build on improving conditions for debt
Economyin 2019 for a total amount of 9 billion euros, in 5-, 7-, 10-year issues and a tap through... compared to peers. Based on the assumptions of the European institutions, which see growth averaging 1..., in the volume of 3 billion euros, in line with the IMF repayment that took place this year. In scenario 1
14%