MacroPolis

Show/Hide Search

Search

Results 4891 to 4900 out of 7665. RSS

  1. Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The rate of credit contraction in the Greek market slowed slightly to 1.6 percent in October from... reading since June 2007. Overall, the ongoing loan deleveraging of Greek banks has resulted in net... mark and landed at 24.95 billion euros at the end of October. Credit contraction in the Greek market

    1%

  2. Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank concluded the reporting period of the four systemic Greek banks releasing its third... in the corresponding period last year dragged by high impairment losses. Similarly to the other Greek banks that have... (bps) from 227 in Q2. Similarly to the other Greek banks, Alpha targets a cost of risk around 100 bps

    1%

  3. PMI drops for third straight month to hit one-year low of 48.3 in Nov

    EconomyMacroeconomy

    demands for Greek goods. New business levels headed south at an accelerating pace in November... since May. The cost burden on Greek manufacturers rose at the fastest pace in the last 16 months, mostly... that “stronger economic headwinds took their toll on the health of the Greek goods producing sector

    1%

  4. Pieces of review puzzle yet to fall into place ahead of Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Although progress is being made on ongoing discussions between the Greek government... of play of the Greek programme is the first item on agenda of the December 5 Eurogroup. According... exchanging the floating-rate EFSF bonds held by Greek bank with fixed-rate notes, using interest swaps

    1%

  5. Greece heads to Eurogroup facing uncertain outcome
    Photo via Fosphotos

    EconomyProgramme

    teleconference was held between the Greek ministers and the institutions’ mission chiefs on Saturday evening... exchanging the floating-rate EFSF bonds held by Greek bank with fixed-rate notes, using interest... years. The overall impact of those measures is expected to reduce the Greek debt-to-GDP ratio

    1%

  6. Fiscal dispute dominates as Greece and lenders gear up for more talks
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    round of discussions with the Greek authorities on the ground, aiming clinch a staff-level agreement... for 2018 and beyond, “which would mean less austerity for Greek people”. In addition, Rice noted... the measures currently in the ESM programme.” However, Rice clarified that “if the Greek authorities

    1%

  7. Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by another 3.3 billion euros in November, after a broadly... has been recorded in the last six months in the wake of reinstatement of waiver on Greek government securities and lower haircut applied on ELA collateral coupled with participation of Greek banks

    1%

  8. Tsipras wins domestic support for pension bonus but key struggles lie abroad
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    on Friday boosted by broad support in Greek Parliament for his controversial pledge for a Christmas bonus... an agreement is possible. There was support for the Greek government’s right to distribute its excess surplus..., it would leave the Greek prime minister with very few options. As things stand, there seems no way

    1%

  9. Credit contraction slows again in Nov, falling to 1.3 pct on additions of 62 mln
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    The rate of credit contraction in the Greek market decelerated to 1.3 percent in November from 1.6..., the continued loan deleveraging of Greek banks has resulted in net deductions of 3.11 billion, 11.3... at the end of November. Despite slowing in the last two months, credit contraction in the Greek market

    1%

  10. Tsipras poised for concessions with lenders, sets snap polls aside
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    for this compromise, the Greek side is likely to ask that the eurozone flesh out its medium-term debt... programme in the coming months and Frankfurt will have to be convinced about the sustainability of Greek debt before it gives the green light. It is not clear if the Greek proposal will be enough to ensure

    1%