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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBanking(-2 million). Overall, the NPE ratio stood at 45.5 percent at a group level, with the NPE coverage... operating expenses rose by 1.1 percent QoQ to 270 million, declining by 2 percent YoY to stand... billion euros QoQ. Loan balances in Greece stood at 42.1 billion euros, declining by 2 billion QoQ
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingYoY. In the 9M period, NII came to 1.07 billion euros, higher by 2 percent YoY. Management noted..., reflecting a fall of 2 percent YoY and 3 percent QoQ. The cost-to-income ratio stood at 51 percent... at 800 million at the end of Q3 2019, down by 2 billion YoY. The bank fully eliminated ELA funding
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PDMA sets 2020 goals to build on improving conditions for debt
Economypercent from 2024 onwards, inflation at 2 percent, an average effective rate on the debt at 3.4.... In scenario 2, which includes early official sector repayment, the new transactions will come to 8... regular market operations, 2) Lower funding costs further, 3) Contain interest rate, FX and refinancing
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicscreditors to reduce the fiscal target from 3.5 pct of GDP to between 2 and 2.5 pct. The government... forecast which put it at 2 percent, and the institutions and foreign banks which put it at 1.8-1.9... that the amount will be between 1.5 and 2 billion euros. Clearly, there are a lot of variables
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Newsletter 234 -10/01/2020
if it is lowered to 2.5 pct this would create 2 billion euros of extra fiscal space. The primary surplus... corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... with an agreed maturity of up to one year decreased by 3 bps to 0.36 percent. 2 Unemployment at 16.6 pct
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economypercent below the 2008 level, and rising by just 2 percent in the first nine months of 2019. Fitch sees... of 0.6 - 2 percent, and the IMF’s estimate of 0.9 percent. Fitch welcomes the developments... with a 15-year issue in the region of 2 to 2.5 billion euros.
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Newsletter 239 -14/02/2020
at 2 percent. The Commission notes that based on the first three quarters available data, real GDP..., with the rise of those employed at 2 percent year-on-year, pushing the rate of unemployment down to 16.6... couple of days. 2 Jobs balance negative by 17,318 Year starts with negative balance typical
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After the tweetstorm - Tracing the course of #IStandWithGreece
Agoraactive account @mercina18, which was opened in March 2020 and only has 2 followers. Monday, March 1 highlights Source: Discovery & Analytics Monday, March 2 highlights Source: Discovery & Analytics..., who provided the most popular tweet on March 2, and was the most re-tweeted account on that day
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Newsletter 242 -06/03/2020
saying that the MoF was waiting to see how events played out first. 2 Unemployment drops to 16.3 pct... to households and non-financial corporations rose by 2 percentage points to 4.36 percent in January.... The overall weighted average interest rate on all existing loans dropped by 2 bps to 3.97 percent
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Newsletter 243 -13/03/2020
of debtors rose by 108,471 quarter-on-quarter (QoQ) to stand at 2 million. However, as noted by KEAO.... A smaller fall of 2 million euros was seen in social security funds, bringing the total 386 million... quarter in 2019 showed an increase of 0.5 percent. 2 Unemployment reaches 16.8 pct in Q4 Jobless rate
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