Search
-
In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBankingbillion, almost 1 billion above the respective figure a year ago and mostly relate to denounced loans... respectively. Starting from a fully-loaded Common Equity Tier 1 (CET1) ratio of around 17 percent... banks are set to retain high capital ratios even under the worst-case scenario. In addition, their high
17% -
IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
EconomyProgrammeIV consultation on Greece. The fund’s baseline scenario foresees a long-term GDP growth of 1... set by the third eurozone bailout programme. However, there was a convergence that fiscal policy... the government’s recent estimate of close to 2 percent, while a marginal improvement to 1 percent of GDP
17% -
Newsletter 111 - 17/03/2017
SYRIZA would suffer too much political damage if it takes sole responsibility for the new set.... The IMF has demanded a reduction in the tax-free threshold, aiming for additional revenues of 1...) in the fourth quarter (Q4) of 2016, after rising 1 percent in Q3, ELSTAT figures revealed. However
17% -
Athens hopes for deal at Eurogroup but doubts persist
PoliticsGreek Politicsis under discussion. It entails 1 percent of GDP in fiscal measures (pensions) being implemented in 2019 and another 1 percent of GDP (tax-free threshold) in 2020, but under the condition that the second set of interventions will be brought forward by a year if the 2018 fiscal target is not met
17% -
ESM takes stock of Greece's sovereign vulnerability
EconomyProgramme, loss of competitiveness and external imbalances. The assessment made by the ESM is based on a set... indicator, a score of 1 to 4 is assigned in the ESM’s analysis. Specifically, if a country is among... the 25 percent worst-performers are assigned the score 1 (most vulnerable). To identify the cut-off
17% -
Newsletter 122 - 09/06/2017
to pass on Friday a set of amendments relating to the remaining prior actions that need to be completed... services turnover index rose for the third successive quarter, albeit at a slower pace of 1 percent... by 1.2 million to 26 million in 2017, while travel receipts are projected to rise by at least 1 billion
17% -
HRADF's updated asset development plan sets out next batch of privatisations
EconomyProgramme(general mining and metallurgical company) as well as the state’s minority holdings in OTE (1 percent) and Folli-Follie Group (1 percent). It is noted that 50 percent of the profits generated by HCAP... the invitation for the submission of expressions of interest for DESFA with the deadline set for July 24
17% -
Newsletter 127 - 14/07/2017
percent. Consumer Price Index up 1 pct May reading represents sixth positive reading after four years Greece’s Consumer Price Index (CPI) grew by 1 percent in June from 1.2 percent in the previous... that consumer prices are set to rise in 2017 for the first time in the last four years. The core index
17% -
Newsletter 131 -15/09/2017
being set for September rather than August as initially planned. Primary expenditure declined by 20.9... of long-term unemployed (over 1 year) fell to 752,000 for a second straight quarter. The Greek non... by a fall in the number of unemployed by 95,500 to 1 million, along with a rise in the number
17% -
EC sees lower growth in 2017 but no concerns for fiscal targets
EconomyMacroeconomyat 20.4 percent in 2018 and below the 20 percent mark in 2019, at 18.7 percent. Inflation will be above 1... reach without the need of added measures. The current set of legislated fiscal measures is enough... 2017 that include 1 percent of GDP in pensions savings. According to the Commission, this combination
17%