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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
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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
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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
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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
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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
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Parliament starts debating censure motion as poll captures falling support for government
PoliticsGreek Politics), 26 from SYRIZA, 11 from New Left, 6 from Course for Freedom, 6 from Movement for Democracy... and SYRIZA from 6.4 pct to 6 pct. At the same time, Greek Solution has picked up 1.3 points to rise
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What would a clean bailout exit for Greece mean in numbers?
Agorabe deferred for 10 years and loan maturities extended for 15 years. The average maturity of the ESM... Loan Facility, amount to 52.9 billion euros. They were also extended in November 2012 by 15 years... euros, reaching 15 billion euros for 2015. Yiannis Mouzakis
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Travel receipts up again in September, reaching 2.3 bln
EconomyMacroeconomyat the main Greek airports surged 23.5 percent in October and 15 percent in the 10-month period. Following... as well as cruise passengers are now expected to reach 23 million, corresponding to a 15 percent... tourism revenues in 2014, which stands at 14 billion euros from 12.15 billion last year, a rise of 15
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What in the world will we do without barbarians?
Agorait had a wage bill below 15 billion euros. By 2009 this figure had doubled. The social benefits bill... benefits represented more than 21 percent of GDP by 2009 from less than 15 percent in 2000. At the same... position - from 2007, the deficit had exceeded 15 billion euros and in 2008 the primary deficit was well
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Newsletter 44 - 25/09/2015
a best-case scenario. This scenario assumes total capital needs of up to 15 billion euros, almost... in Luxembourg and would be made available when the SSM makes a formal decision. The remaining 15... statement, “no later than 15 November”. Since capital needs are due to be disclosed in the second half
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