Search
-
Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
EconomyBankingpercent in H1. Capital The Common Equity Tier 1 (CET1) ratio came to 16.3 percent in H1. The fully
37% -
Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY
EconomyMacroeconomyGreece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY), after a solid rise of 7.8 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index recorded a sharp drop of 7.6 percent. June is the second negative
37% -
Producer prices drop 1 pct in Apr, in contraction for over one year
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in April, dropping by 1 percent year-on-year (YoY), after falling by 0.1 percent in March, ELSTAT data showed on Thursday. The index has been in contraction since March last year, although some of the base effects from the inflation peak
37% -
Eurobank net profits exceed 1 bln up to Sep, commissions jump 24 pct YoY to 557.2 mln
EconomyBankingThe Common Equity Tier 1 (CET1) fully loaded was 15.5 percent, while the capital adequacy ratio was 18.9
37% -
NBG net profit nears 1 bln up to Sep, commision income rises 7.6 pct to 336 mln
EconomyBankingstands at 41 basis points. Asset quality NPEs stayed below 1 billion euros in 9M, with the ratio at 2.5
37% -
IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme36 billion. These additional funding needs stem from: 1) Lower fiscal targets (additional needs... targets for the next years: at 1 percent of GDP for 2015 (from 3 percent), 2 percent in 2016 (from 4.5... of Greece fell to less than 1 billion at the end of May against a target of 5 billion in 2015 and 8
34% -
Loan and deposit rates edge down in May but remain above euro area average
EconomyMacroeconomyof the average rate on new loans by 36 bps in April, there was a reversal in May with the average loan rate contracting by 36 bps, thus falling back to March levels. The sharp drop in May is attributed to corporate loans above 1 million euros, where the rate nosedived by 107 bps after a similar hike in April
33% -
No victory, just plenty of misery
Agoraof 24 billion and a total deficit of more than 36 billion. On top of this derailment of public... to finance this type of fiscal binge you don’t have much of a choice but to cut that deficit. It also
33% -
Deposit outflow slows to 2.19 bln in Mar as balances slip to lowest in 10 yrs
EconomyMacroeconomyinflows of 424 million. The breakdown by depositor type showed households withdrew 2.43 billion, while... to ELA funding and the remaining 36 percent (38.67 billion) to ECB funding almost entirely comprised
33% -
Study highlights overregulation and bad law-making in recent years
SocietyIn the last 15 years, Greece has passed 36 tax laws, as well as 108 temporary provisions and 238 adjustments relating to taxation scattered as riders to other legislation, with the government issuing... Strategy, which was passed on 9 November 2012, a so-called “act of legislative content” – a type
33%