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Greece stands on fault line between vicious and virtuous cycles for 2016
Agorainterest bill is below 6 billion. In total, Greece needs 13.2 billion euros to meet all its debt... the largest IMF installment of the year at 876 million, which leads to a total figure of IMF obligations.... The total figure for the first two months of the year is approximately 1.7 billion euros. March
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A closer look at the composition of Greece's bad loans
EconomyBankingtotal performing exposures remained unchanged at 12.6 percent. From the total NPE stock of 108..., from a total of 9.37 million, relate to NPEs. This number is extremely high, taking into account... coverage ratio stood at relatively low levels at 50 percent of total exposures. In specific, the ratio
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The race to reduce Greece's bad loans
EconomyBankingto around 6 percent of the total outstanding principal amount, will be capital accretive adding..., the SSM is expected to put the total of NPLs at around 20 percent of total loans and down to single... to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During the quarter, corporate
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesCountry of origin Primary permit holders Total permit holders including family members China 1,395... 66 201 Jordan 62 160 Iran 57 115 Other countries 266 568 TOTAL 2,968 7,565 Source: Ministry..., around 27 percent of the total. Chinese citizens have long used overseas property as a safe haven
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingof the year compared to H1 2018. In total, the bank’s profits in H1 came to 25.7 million euros, down... million euros. Eurobank reported a YoY drop in PPI of 3.4 percent, bringing the total to 398.6..., taking the total to 594 million. Eurobank’s net fee and commission income rose by 13 percent YoY to 156
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Great Expectations: Is Greece 2.0 hitting the target?
EconomyFeaturesmore in loans, taking the total sums to 18.2 billion and 17.7 billion respectively and the total close..., contributing to a total growth forecast to 2.9 percent. It is easy to see how crucial... of RRF funds were not spent on schedule. As a result, total public investment including the Public
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Greece’s return to capital markets: Why not try a diaspora bond first?
Agora. In November 2013 the Italian state successfully placed such a patriotic bond with a total volume of 22...Greece’s return to international capital markets during the course of 2014 is currently the talk... surplus, whose size appears to be changing on a weekly basis, the objective of returning to capital
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Greek business feeling the pinch from capital controls
Economythe imposition of capital controls found total retail sales had dropped 10 percent. This reflected...The imposition of capital controls a month ago has taken a heavy toll on Greek companies, from... the decline was below the 50-percent mark. The negative direct or indirect implications of capital
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Alpha makes 1.09 bln bond swap offer to boost capital
EconomyBankingNovember 16. A similar bond swap offer was announced by Piraeus on October 15. It related to a total... could boost its capital base by up to 586 million euros for the cash consideration or by a maximum... strengthen its capital base by a maximum of 415 million euros for the cash consideration or by up
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Bank stress tests find no capital needs, clearing path for MoU exit
EconomyBankingnext year and marginally grow by 0.2 percent in 2020, a total deviation assumption of 10 percentage... the health of the domestic lenders and to have a complete picture about any potential capital needs... percent for Piraeus. Under the adverse scenario, the capital of Greek lenders is seen being depleted
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