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Newsletter 127 - 14/07/2017
of NPE performance. The former is defined as the flow of NPEs turning into performing over total NPEs and the latter as the flow of performing turning into NPEs over total performing exposures. The cure... February this year. As a result, central bank funding landed at 54.25 billion at the end of June
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Newsletter 131 -15/09/2017
. Just over three quarters of this year’s total (5.72 billion) relates to tax categories. The remainder... improved by 1,726. Hirings came to 164,513 versus a total of 178,915 departures, of which 43 percent... and the highest since June 2016. As a result, central bank funding landed at 45.30 billion euros
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Budget primary surplus at 5.33 bln in October, beating target on revised budget figures
EconomyMacroeconomyby 9.4 percent, specifically income tax revenue which fell by 15.1 percent year-on-year. In total, tax... by 0.3 percent to 5.19 billion, landing exactly on target. In total, a 4.5 percent fall in expenditure... estimates, privatisation proceeds landed exactly on target. Tax refunds rose to 4.49 billion euros
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Check, please: How much Alexis Tsipras's first months cost Greece
AgoraFinancial Stability Fund (HFSF), has contributed a total of 30.43 billion euros for the recapitalisation... the amounts that were required for the resolutions of banks, the total allocation reaches close to 44... of decline stopped in June 2012, when deposits landed at 150.6 billion. Following a modest recovery after
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBanking. In total, the management noted that NPE stock fell by 2.5 billion year-on-year (YoY) to 20.1 billion... the total impact for the first year is expected at 16 bps. Capital The phased-in Common Equity Tier 1... percent. The results landed slightly below the expectations of industry analysts. Core pre-provision
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankingAssistance (ELA) funding was reduced by a total of 6.2 billion since December 2016 to 7 billion in December... million QoQ to 29.3 billion, driven largely by private deposits (households). On an annual basis, total... billion euros QoQ in Q4 and landed at 24.8 billion, beating the target for the quarter by around
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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankingof the loans. The total value is 1.6 billion euros, though sources note that in the second phase... percent in 2017 to 40.9 billion. Total deposits rose by 1 percent annually to 42.72 billion. IFRS 9... from 45.5 percent in the previous quarter. NPL stock declined once more by 720 million QoQ and landed
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyconsumption represents the majority of GDP, making up 88.1 percent of the total figure in Q1... represents almost 21 percent of the total. The latest MoF budget tabled at the end of 2018 estimates... deficit, which landed at 5.34 billion. The driving factor was a 13.6 percent increase in exports, while
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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomyloans (target: 50 percent) and 43.9 percent for residential loans (target: 43.2 percent). The total... at an additional amount of 4.7 billion, bringing the total amount of loan sales for the period... euros, around 600 million lower than the target. Residential NPLs landed exactly on target at 20.5
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Hirings balance hits new record high of 108,725 in May
EconomyMacroeconomypercent of the total, compared to 38 percent for part-time work and 12.2 percent for shift work. The share of males among total hirings edged down very slightly to 55.4 percent in May from 55.5 percent... percent were layoffs. Full-time hirings landed at very slightly more than 50 percent, down from 55.6
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