MacroPolis

Show/Hide Search

Search

Results 4901 to 4910 out of 7691. RSS

  1. Eurosystem funding falls 8.6 bln in June in aftermath of waiver reinstatement
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by a notable 8.57 billion euros in June, following... by the ECB of the waiver on Greek government securities (effective as of June 29) that allowed the switch of Greek government bonds and T-Bills, previously used as collateral, to ECB funding coupled

    1%

  2. The story behind Attica Bank, the non-systemic lender thrust into the spotlight
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    Attica Bank finds itself in the frontline of Greek political and banking developments after..., Attica was the only Greek bank that remained along with the four systemic banks from the more than... euros at the end of 2015 making up just 1.1 percent of the five Greek banking groups’ assets. Its

    1%

  3. Eurogroup clears 1.1 bln, waits for arrears clearance data to release remaining 1.7 bln

    EconomyProgramme

    by the Greek government, including the data for September which would be available later in October... on net arrears clearance in the July-September period. According to the Greek Finance Ministry for July... in the Greek programme. On debt relief measures, he said that short-term measures will be discussed

    1%

  4. Erdogan comments draw new, but cautious, response from Athens
    Photo by Sarah Murray via Flickr https://flic.kr/p/8kRuFh

    PoliticsForeign Policy

    on this, Greek diplomatic sources said that there is a continuing effort by the Turkish president... and irredentism. The same sources said the Greek side views Erdogan’s comments within the wider context... by characterising the 1923 agreement as “unfair” for Turkey. In a statement the Greek Foreign

    1%

  5. Deposits rise to 124.6 bln in Oct on inflows of 1 bln

    EconomyMacroeconomy

    The Greek market posted deposit inflows of 1.02 billion euros in October after outflows of 379... May, Greek banks saw inflows of 2.88 billion by October. Total deposits – which also include those... weeks ago that Greek banks’ Eurosystem funding fell by another 3.53 billion euros to 71.78 billion

    1%

  6. 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%

  7. 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%

  8. 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%

  9. 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%

  10. 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%