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BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBankinginternal capital. The capital adequacy of Greek banks stood at 15.6 percent in Common Equity Tier 1... of NPEs between 1 and 10 percent brings relief of 500 million to 5.2 billion euros to the balance sheet in the form of risk weighted assets (RWA). With the exercise taking place at net book value, CET 1
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Newsletter 232 -13/12/2019
pct+1 of the junior notes have been sold to private investors and a satisfactory level... than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior notes, with the aim... increased by 1.8 percent in 2018, compared to an average price contraction of 1 percent in 2017
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PDMA sets 2020 goals to build on improving conditions for debt
Economycompared to peers. Based on the assumptions of the European institutions, which see growth averaging 1..., in the volume of 3 billion euros, in line with the IMF repayment that took place this year. In scenario 1... billion euros. The PDMA outlines four main objectives in next year’s funding policy: 1) Enhance
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Population drops slightly in 2018 despite positive net migration flow
Societyof Greece was noted at 10,724,599 on January 1, 2019, compared to 10,741,165 for the same date in 2018... included people living in the country as of January 1 due to the refugee crisis. According to the data... of the total population. As of January 1, the population in Greece is split between 51.4 percent for females
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Piecemeal process likely in drive for more fiscal space
EconomyProgrammehinges on securing a 1 pct of GDP reduction in the surplus goal. The Greek side is arguing... billion euros, or 1 pct of GDP, and as such the primary surplus goal can drop to at least 3 pct over... on the borrowing front, but this is offset against the poor long-term growth trajectory of 1 pct. There is also
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Central government debt increases by 2.16 bln to 356.01 bln in Q4
EconomyMacroeconomyby fixed bonds (48 percent) floating rate bonds (2 percent) and EIB loans (1 percent). The majority of FSM..., while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.4 and 10.2
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After the tweetstorm - Tracing the course of #IStandWithGreece
Agorahashtag was used 5,692 times by a total 2,000 users; on Sunday, March 1 it got used 83,404 times by just... with #IStandWithGreece, March 1, 2020. Source: Discovery & Analytics There are several recurring... active account @mercina18, which was opened in March 2020 and only has 2 followers. Monday, March 1
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Greece braces for recession, hopes to bounce back from summer onwards
Economyadmitted that Greece is on course for an economic contraction of 1 to 3 pct this year due to the virus... for the Greek economy and now see it contracting by 1 to 8 pct this year. Capital Economics sees economic... and exports will pick up from Q3, leading to just a 1 pct recession. This is predicated upon the economic
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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingdecisions. P&L NII came to 387.1 million, up by 1 percent QoQ which was led by business loan... percent at the end of September 2019. Capital At the end of December 2019, the Common Equity Tier 1... in risk weighted assets. The fully loaded total CET 1 stood at 14.9 percent. The bank’s Tangible
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Newsletter 247 -10/04/2020
has set aside 1 billion euros. The firms that claim the money back will have to repay it to the tax... showed that imports from non-EU countries fell by 1 percent. Those from EU countries rose by 3.4 percent...) fell by 3.4 percent year-on-year (YoY) in February compared to a revised decrease of 1 percent
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