Search
-
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% -
Greece draws strong interest, attractive yield by re-opening 10-year bond
Economybelow 1 pct to close to 4 pct in mid-March, until the ECB announced that it waived the minimum... around 1 pct. On Wednesday, Greece drew 2.5 billion euros with a re-offer yield of 1.187 pct, and a re... billion euros offers, including roughly 1 billion from the lead managers and approximately an hour later
14% -
Newsletter 262 -04/09/2020
for 2021 the 7 billion euros of stimulus measures adopted so far this year. Also, to avoid putting... in the local media, the government is aiming to spend 1 to 1.5 billion euros on arms and equipment... 10-year benchmark yield from below 1 pct to close to 4 pct in mid-March, until the ECB announced
14% -
NBG increases profits in H1 as it progresses with NPE clean up
EconomyBankingNet interest income (ΝΙΙ) rose 7 percent YoY to 591 million, also rising by 1 pct QoQ. Net fee... in default and early default clients, more than 30 days past due, stand at just 1 pct. The bank intends... of the bank’s blended funding cost to nearly zero in H1 (1 bps), compared with 19 bps in the second quarter
14% -
Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyto circa 1 pct of GDP, from roughly 7 pct last year. The latest package announced for energy subsidies... not changed its inflation estimate for this year, which had a GDP deflator of 1 pct and a harmonized..., at least into February. Since September, the authorities have committed more than 1 billion euros
14% -
Newsletter 359 - 18/11/2022
that the Greek state licensed Predator for 7 million euros and agreed to pay another 150,000 euros...’s voting intentions, support for New Democracy has dropped by more than 1 percentage point since..., it will grow by just 1 pct, mostly due to tighter monetary conditions, and ongoing loss of disposable
14%