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Greek banks in intensive care: What lies ahead?
Agora(Eurobank 950 million and NBG 1.35 billion) as well as subordinated and senior debt of 5 – 5.5... percent of total deposits at that time. Thus, a potential haircut of 23.7 percent on June-2014.... It is apparent that since total deposits have dropped by 43 billion since June 2014 a much higher
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Average wealth in Greece down by 17.1 pct since last year
Societydeclined by 5.2 percent, the highest drop rate after that of Poland (-5.5 percent), while the Greek... a share of 47.2 percent of adults and 53.6 percent of wealth in 2015. The country’s total wealth stood... percent. The breakdown showed 1.8 million Greek adults (19.7 percent of total) had a wealth below
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Asking Greece to stack more austerity measures ignores past failings
Agorabillion euros (according to the IMF) to a more moderate 5.5 billion (favoured by the European Commission... Stability and Growth Pact, that included a total of roughly 9.4 billion euros of savings and revenue... of measures by the end of the year on top the existing interventions. (Table 5). That brings the total
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingthe NPE mix with retail loans making up 55 percent of total NPEs, the bank said that the retail NPE... 20 percent each to the total NPE cut, while write-offs will make up the remaining 40 percent... total costs to stand below 1 billion for the whole year, from 750 million in the 9-month period. Over
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Newsletter 133
by 14.9 percent and a drop in direct taxes by 11.9 percent. In total, tax revenues missed their monthly..., below the target by 1.77 billion (-5.5 percent), driven largely by higher than expected tax refunds... deposit inflows rose. On a year-to-date basis, flows stayed positive for a second month to total 1.92
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Newsletter 139 -10/11/2017
the figure for the same time last year. Overall, the total stock of overdue obligations, including legacy... of 6,549 people employed in August compared to the previous month. which brought the total to 3.79 million, 101,578 higher than a year ago. The number of unemployed decreased by 16,769, bringing the total
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingmillion in Q2. As mentioned, the target for NPE stock across the rest of the year is for the total... are in Athens and Thessaloniki. The total portfolio is worth around 22.8 million. P&L NII was more or less... management. On an aggregate basis, commission income rose by 5.5 percent to 137.9 million. Net fee
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingwith total on-balance sheet gross book value of approximately 1.8 billion euros, code named Project Neptune... with total on-balance sheet gross book value of 1.9 billion euros, code named Project Orion. In total, these sales are worth 3.7 billion euros and are expected to help keep the bank on track with its
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Newsletter 293 - 16/04/2021
privatization receipts (303 million). State budget total revenues stood at 12.5 billion euros for the first three months, lower than the target by 733 million euros, or 5.5 percent. The full revenue breakdown... obligations from tax categories showed a rise of 974 million euros month-on-month, bringing the total
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Newsletter 330 - 04/03/2022
index of prices that it monitors, which pushed up for Greece to 6.3 pct in February, from 5.5 pct... dominated by the imports of fuels, with total imports from Russia at 4 billion euros, from close to 7... billion euros, or 11 pct of the total. The current direct impact on tourism is mostly measures
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