Search
-
NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBanking(ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7 billion in 2019, but also bond portfolio sales of previous quarters, as well as higher funding costs... of 100 bps. Eurosystem funding rose to 5 billion euros at the time of reporting from 3.4 billion
17% -
Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
17% -
Market value of HFSF's bank holdings plummets by 11 bln in 2014
EconomyBankingin 2013) with cumulative collections at just 277 million, while the cumulative impairment amounts... covered by the end of 2014 the funding gap of 12 banks (6 commercial and 6 cooperative banks) under liquidation for a total consideration of almost 13.5 billion euros. The bulk of this funding gap
17% -
Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
17% -
Greek pensions laid bare
Agorapaid in March with a cost of 277 million euros, which corresponds to an average supplementary pension... to SSFs serve a varied role. Aside from plugging funding holes in various pension funds, in 2014 the state
17% -
Focus shifts to DSA, fiscal targets after IMF loan prepayment
EconomyProgrammeof October, stood at circa 277 percent of the quota and an outstanding debt of just over 9 billion... to contend with just 2.89 billion of debt obligations in 2020, allowing the PDMA to follow its funding
17% -
Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
EconomyBankingin, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5... at 242 percent. Net loans came to 35.82 billion euros. Eurosystem funding stayed at 5.5 billion
17% -
Greek leaders' contrasting visions all a blur
Agorato adopt these policies actually exists. Speaking to investors in London last week, Tsakalotos reportedly told investors in London that the total fiscal space over the next four years will amount to 3.5... Ministry claimed that a shortfall of 25 billion euros would be created as workers would stop funding
16% -
Athens prepares new primary residences proposal after finding common ground with banks
EconomyProgrammeThe Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure. The two sides ...
16% -
Unhappy voters struggle to find alternatives as PM faces fresh attack from veteran conservatives
PoliticsGreek Politicswith the neighbouring country and of picking the wrong faction to ally with in Libya. Karamanlis voiced... swelled from 16.1 pct in the last reading to 17.7 pct. The qualitative findings capture a growing... they expect those involved to be punished. On the eve of the vote on holding a preliminary inquiry
16%