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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBankingsecuritizations, with 7 billion total gross book value, in Q2, further decreasing the NPE stock of the Group. Pro... euros in Q1 2020. Net fee and commission income in Q1 increased by 7 percent year-on-year (YoY.... Balance Sheet Customer deposits grew to 50.4 billion euros in Q1, a rise of 8 percent YoY and 2
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Newsletter 316 - 12/11/2021
, which was set to include a revised growth estimate for this year expected to be in the region of 7 pct... months of 2020, a rise of circa 17 pct. The aggregate figure is just 2 billion euros short of the same... to surpass the third quarter of 2019 revenue, which was 85.54 billion euros, a rise of nearly 7 pct
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBankingto an NPE ratio of 16 pct, from 45 pct at the end of last year. This is thanks to the 7 billion euros securitisations of Phoenix and Vega in Q2 2021, 7 billion euros of Sunrise 1 in Q3 2021 and 3 billion euros of Sunrise 2 in Q4 this year. The bank says it has now essentially completed the entire
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Newsletter 330 - 04/03/2022
7 pct. The producer price index in industry released by ELSTAT this week for January shot up to 31.6... dominated by the imports of fuels, with total imports from Russia at 4 billion euros, from close to 7... the transition fund that is financed by incomes from emissions auctions and it was seen bringing in 2
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Newsletter 380 - 12/05/2023
gaining 36.5 pct, SYRIZA 29.5 pct, PASOK 10.5 pct, KKE 7 pct, MeRA25 4.5 pct and Greek Solution 3.5 pct. In the second scenario, ND gets 35 pct, SYRIZA 28.5 pct, PASOK 10.5 pct, KKE 7, MeRA25 4.5 pct... the investment grade, and has not yet reached a cyclical primary deficit of over 2 pct, which is the cornerstone
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Sentiment falls sharply in Feb, consumer confidence continues to slide
EconomyMacroeconomy2 points from the 106.7 points of March 2023. The average ESI in the EU stood at 95.4 points... points, dropping by roughly 3 points. Since March last year, industry confidence is down by 7 points... on the rolling 12-month. Retail trade recovered strongly by almost 7 points to 17.5, now down by 5.5
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New Democracy suffers ratings blow as farming payments scandal unfolds
PoliticsGreek Politicsgains, taking it to 7.8 pct from 7 pct in June, while SYRIZA is at 6.6 pct. Nativist Voice of Reason has gained 2 points to reach 5.6 pct, and MeRA25 is polling at 4.9 pct, up from 3.7 pct. Overall... Tsipras and Antonis Samaras could attract up to 18 pct and 7 pct respectively. Perceptions of Corruption
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Sales season pushes November retail volume to growth for the first time since March 2010
Economy, which posted a higher drop of 2.9 percent compared to October (-2 percent) and December (-1.7 percent... of 2013 following a 7 – 12 percent decline in the preceding six quarters, according to ELSTAT... in the 9-month period. Furthermore, increased tax obligations led to deposit outflows of 2 billion
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Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
Economyof 5.1 billion euros, which stems from the budgeted deficit for 2014 (2 billion) and the cost... million euros) of the anticipated deficit of 2 billion for 2014 lies with IKA, Greece’s largest social...: a) 7 billion euros is related to lower contributions due to high unemployment, with the number
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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomy, the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than... in 2014, the draft budget indicates that Greece plans to proceed to issues of 7- and 10-year bond..., public consumption is seen remaining in negative territory (-2 percent). According to the MoF, domestic
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