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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking(including the Covid-19 impairment impact of 324 million). Net profits in Q2 came to 82 million versus... million in Q2 from 187 million a year ago, an increase of 52 percent YoY. Net Interest Income (NII... coverage ratio stood at 169 percent in H1 and the net loans to deposits ratio came to 83 percent. Net
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Newsletter 271 -30/10/2020
than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200... percent respectively. More starkly, in Q2 2020, 72.9 percent of employees earned a net monthly salary.... Primary expenditure came to 34.13 billion euros. Net revenues came to 33.50 billion euros, below
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The Parable of the Populists and the Contemplatives
Agoraof new debt that they have taken on board to pay for this machine. The net worth, or wealth... accumulates over time in bigger cash assets on the balance sheet. The company’s net worth increases... net worth? (The “oil deposits” make up a great share of the net worth of the country as a whole
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A summit of little substance
Agorathe Digital Single Market by 2015, which is key for Europe’s future economic development. The Summit... the future Single Resolution Mechanism and the introduction of “contractual arrangements” will be taken.... This ‘bargain’ will include an agreement on the details of a future Single Resolution Mechanism (SRM
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Newsletter 36 - 24/07/2015
), to be conducted by the Single Supervisory Mechanism (SSM). Unlike the previous stress tests, this would... in the single currency and decision makers’ ability to deal with the problems caused by a series of crises... it. The single most damaging decision taken by eurozone leaders at the start of the crisis was to treat
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What Dijsselbloem didn't say
Agorato the discussion about the eurozone since the crisis broke out in the single currency area. “The north...: Members of a single currency that lacked fiscal unity and the tools to deal with a crisis ran... integration the single currency provided but were absolved of any responsibility when their practices
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May is the cruelest month
Agorato single-handedly make all the major decisions concerning Brexit. A catastrophic campaign, however...’ which would entail the remaining of the UK in the single market and perhaps in the customs union... the rest of the EU according to which the UK can remain a de facto member of Europe’s single market
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Business balance positive in 2017, small companies continue to dominate
EconomyFeatures, single traders, limited partnerships (EE), people’s associations, limited liability companies (EPE... the classification of single traders, which is reflected in Greece’s very high number of small... data; in 2016, 5,477 more single trade businesses came off the register than joined it. Similarly
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgrammeof the complicated discussion regarding reform of the single currency. The completion of this round... may be a feature of future bailouts in the euro area. “We intend to introduce single limb collective... on the operation of a backstop to the Single Resolution Fund (SRF). “The backstop will be introduced earlier
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Record year for company launches in 2018, small enterprises continue to dominate
EconomyFeaturesplatform. These are public companies (SA), civil non-profit, single traders, limited partnerships (EE... of single traders, which is reflected in Greece’s very high number of small to medium sized... such companies were opened and 12,201 were closed. Although still popular, single trader company
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