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Results 481 to 490 out of 2019. RSS
  1. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    and a eurozone average of 30.30 euros. The lowest hourly labour cost was recorded in Bulgaria at 4.50 euros... the hourly labour cost came to 16.80 euros an hour. The sector with the highest labour cost in Greece

    4%
  2. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    . Operating expenses fell by 6 percent YoY, excluding the extraordinary cost associated with the 2018... to 242 million versus 260 million for the same quarter last year, down by 7 percent. The cost-to-income..., with the Greek cost of risk for Q1 coming to 160 bps over net loans. Balance Sheet Eurosystem funding

    4%
  3. Eurobank net profits at 34.5 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    and by 3.3 percent for Greece. This took the cost-to-income ratio to 48.5 percent in Q1 from 45.9... corresponding to a cost of risk (provision over net loans) of 1.86 percent from 2.21 percent. On an annual basis, loan provisions fell by 9.2 percent to 167.2 million. The cost of risk in Q1 2017 stood

    4%
  4. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    , funding cost continued to decrease, supported by the ongoing disengagement from ELA support... by 9.1 percent QoQ to 267.8 million, declining by 1 percent YoY. The cost to income ratio came... euros, corresponding to a cost of risk (provisions over gross loans) of 238 bps from 169 bps

    4%
  5. NBG remains profitable in Q2 with net results of 21 mln
    Photo by MacroPolis

    EconomyBanking

    in Q2 from 121 million euros in Q1, corresponding to a cost of risk (provisions over net loans) of 48 bps from 167 bps in Q1. The H1 cost of risk came to 108 bps from 276 bps in H1 2017. Management... without any impact on liquidity or funding cost, as Greek sovereigns were replaced with investment grade

    4%
  6. NBG net profits decline to 8 mln in Q3, NPLs continue to fall
    Photo by MacroPolis

    EconomyBanking

    , corresponding to a cost of risk (provisions over net loans) of 109 bps from 48 bps in Q2. The 9M cost... or funding cost, as Greek sovereigns were replaced with investment grade covered bonds. Capital The Common

    4%
  7. SYRIZA and ANEL: Far from picture-perfect

    Agora

    six months, when misguided negotiations with the troika/institutions, cost the country billions while... the economic impact of the first half of 2015, it is another type of cost that will be the biggest blemish... the political cost and focussing purely on delivering progressive change. Quality of democracy

    4%
  8. S&P keeps rating at 'B+' and highlights obstacles to competitiveness

    Economy

    of GDP. The average cost of servicing this debt stood at 1.6 percent at the end of 2018, significantly lower than the average cost of refinancing for the majority of sovereigns in the 'B' category... to conditions. Competitiveness With the exception of labor cost competitiveness which was restored during

    4%
  9. Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
    Photo by MacroPolis

    EconomyBanking

    for the group and 2.1 percent for Greece. This took the cost-to-income ratio to 51.6 percent from 49 percent in Q4 2018. Loan loss provisions fell by 1.8 percent QoQ to 164.6 million corresponding to a cost... across all areas which support fee and commission income and further cost containment,” he concluded.

    4%
  10. New Democracy tax pledges put spotlight on available fiscal space
    Photo by MacroPolis

    EconomyProgramme

    reduction from 24 to 20 percent the following year. The cost of the second reduction is estimated at 600... administration also approved an increase in widows’ pensions that will cost 150 million euros... this year. This has an annual fiscal cost of 830 million euros. The conservatives had said

    4%