Search
-
Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign Policyin Cyprus' block 6. On his return to Ankara, Erdogan revealed that his government was uncomfortable about... confirmed that it had made a lean gas discovery in Block 6 with Calypso 1 NFW. “An intensive and detailed... claims, Block 6 belongs to Ankara's continental shelf in the eastern Mediterranean. The new incident
8% -
KINAL and To Potami snub Tsipras's call for progressives to pull together
PoliticsGreek Politicson 20.4 percent. Golden Dawn is in third place on 6 percent, followed by the Communist Party on 5.8.... According to the pollsters, 6 percent of previous SYRIZA voters will back New Democracy at the next elections, 6 percent will abstain, 17 percent will vote for other parties and 18 percent are undecided.
8% -
General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
EconomyMacroeconomymonths of the year, revenues increased by 6 percent YoY to 52.49 billion. In absolute terms... by state budget arrears (+17 million) and extrabudgetary funds (+6 million). Declines were seen in SSFs (-11 million), hospitals (-6 million) and local governments (-4 million). Since the start
8% -
Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBanking. Deposits in Greece grew to 47.1 billion at the end of 2019, a rise of 6 percent YoY. Private sector... in 2019 stood at 982 million, a drop of 6 percent YoY. This trend improved the group’s recurring cost... increased by 6 percent. Overall deposits stood at 47.4 billion euros in 2019. Capital The pro-forma
8% -
NBG posts 557 mln profit in Q1
EconomyBanking63.3 percent. P&L Net interest income (ΝΙΙ) rose 6 percent YoY to 294 million, though it was down 6... percent, exceeding the minimum regulatory levels by more than 6 percentage points. When completed
8% -
Newsletter 313 - 22/10/2021
and could add as much as 6 percentage points to the debt load and will be even more compounded once... this promise given that the Finance Ministry expects the economy to grow by at least 6 pct this year... to below 6 billion euros, beating the target by 2.9 billion euros. Industrial turnover The recovery
8% -
NBG profits up to 714 mln in 9M as NPE ratio is reduced further
EconomyBankingin 2020, was up by 6 pct at 1.11 billion euros. Asset quality NPEs continued to drop, standing at 3.7... billion euros. The bank’s guidance for next fiscal year is 1.8 billion euros of NPEs and a ratio of 6 pct... capital ratio reached 17 pct, comfortably exceeding the minimum regulatory levels by more than 6
8% -
NBG reports profits of 833 mln in 2021
EconomyBankingare in default, at 3 billion euros. The bank’s guidance for 2022 is 1.8 billion euros of NPEs and a ratio of 6... euros. Operating expenses in 2021 were limited to 783 million euros, a 6 pct drop YoY. Balance Sheet... the minimum regulatory levels by more than 6 percentage points. When completed, the Frontier securitisation
8% -
VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros... million lower the target. Property tax revenues amounted to 2.09 billion, 6 million below the target..., below the target by 899 million. PIB expenditure came to 6 billion euros, above target by 507
8% -
Newsletter 410 - 02/02/2024
consumption tax on fuel for farming and reducing the relevant VAT rate from 24 to 6 pct. Although Greek... comes from consumer confidence, which was down by 6 points. Retail trade also recorded a sharp drop... goods continued to record rises, increasing by 6 pct. Goods sold domestically were down by 7.4 pct
8%