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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammevalue of the properties in question to be no higher than 130,000 euros (compared to the 250,000... is willing to reduce the property value below 200,000 euros. Regarding the main bulk of mortgages... are also said to be pushing for the 250,000-euro limit on assessed property value to 230,000 euros
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Trade deficit drops by 3.5 pct in Feb
EconomyMacroeconomythose to EU countries rose by 3.5 percent. When stripping out the impact of oil products and the value of ships, imports and exports grew by 10.5 percent and 9 percent, respectively. Excluding the value.... Removing the impact of oil products and the value of ships, aggregate exports and imports increased by 7
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Trade deficit jumps by 28.1 pct in March
EconomyMacroeconomy. When stripping out the impact of oil products and the value of ships, imports grew by 1.3 percent, while exports fell by 2.5 percent. Excluding the value of oil products and ships, the trade deficit... products and the value of ships, aggregate exports and imports increased by 5.6 percent and 3.8 percent
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingbillion in gross book value. Two more NPE portfolio sales are in the pipeline, composed of a portfolio of consumer unsecured loans with a gross book value of around 700 million euros and another portfolio of secured shipping loans with a gross book value of around 500 million. Overall, management
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Trade deficit drops by 5.2 pct in April
EconomyMacroeconomyproducts and the value of ships, imports and exports grew by 12.6 percent, while imports rose by 11.3 percent. Excluding the value of oil products and ships, the trade deficit rose by 9.5 percent YoY... to non-EU countries rose by 1.9 percent. Stripping out the impact of oil products and the value of ships
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Trade deficit jumps by 56 pct in May
EconomyMacroeconomyduring the month. When stripping out the impact of oil products and the value of ships, imports grew by 14.7 percent, while exports rose by 7.1 percent. Excluding the value of oil products and ships... by 0.3 percent. Stripping out the impact of oil products and the value of ships, aggregate imports
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Trade deficit falls by 22.9 pct in June as imports drop sharply
EconomyMacroeconomyand the value of ships, imports fell by 4.5 percent, while exports fell by 6 percent. Excluding the value of oil products and ships, the trade deficit fell by 2.2 percent YoY in June. The aggregate... by 3.4 percent. Stripping out the impact of oil products and the value of ships, aggregate imports
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingrelated to the disposal of two NPE portfolios totalling 1.8 billion in gross book value. In 2019... and consisting of secured shipping loans. The Project Iris portfolio with a gross book value of 700 million... to be completed in Q3 of this year. The Project Trinity portfolio with a gross book value of 300 million
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingof a portfolio of Greek SMEs secured with real estate assets with total on-balance sheet gross book value... value of 1.9 billion euros, code named Project Orion. In total, these sales are worth 3.7 billion... gross book value of 1.8 billion euros. Finally, Piraeus Bank has 1.6 billion euros worth of NPE
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Trade deficit rises by 6.3 pct in July
EconomyMacroeconomyof oil products and the value of ships, imports rose by 5.6 percent, while exports rose by 8.6 percent. Excluding the value of oil products and ships, the trade deficit increased by 2 percent YoY in July... countries fell by 2.2 percent. Stripping out the impact of oil products and the value of ships
6%