Search
-
Newsletter 82 - 15/07/2016
, the IMF foresees the share of employed between 55 and 64 years old in the total labour force... to revenue collection. This means the total stock of tax debt reached almost 89 billion euros at the end of May, up by 1 billion from the end-April figure. Almost 90 billion euros were owed in taxes
25% -
Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agoraformation of just 2 million euros in Q2. Overall, the four banks recorded a negative NPL formation... million, involved corporate loans. As a result, the total stock of the four banks’ NPLs edged down... percent of the total NPE reduction respectively Core revenues On the core revenue front, net interest
25% -
General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomy. The deficit in local government eased to 2 million euros, improving on the previous month’s deficit... (-7 million), hospitals (-4 million) and local governments (-1 million). From the beginning... at the end of July, constituting 42.4 percent of total arrears. Tax refunds were the next largest
25% -
Newsletter 133
the year that pensions have to be cut by 1 percent of GDP. The prospect of both of these measures being... by 14.9 percent and a drop in direct taxes by 11.9 percent. In total, tax revenues missed their monthly... exposures (NPEs), a figure the country’s lenders are keen to see reduced. 2 Deposit inflows at 1.41
25% -
Draft budget highlights taxpayer fatigue, creates policy mix doubts
EconomyMacroeconomymonth and they took a major hit in July when unpaid taxes jumped by 2 billion euros. According... that this underperformance in revenues will also be more evident when the full-year picture emerges. Total revenues have... euros. This total figure is even lower than in 2016, when it landed at 52.34 billion. In the draft
25% -
BoG sees ample capital space for banks to sell bad loans
EconomyBankingof provisions and total coverage ratio including collaterals. The study’s objective is to assess.... The analysis finds that in scenario 1, Greek lenders can sell the entirety of the consumer loan..., in scenarios 2 and 3, Greek lenders can sell more than 75 percent of portfolios in scope, i.e. 27.1
25% -
Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingof declines, bringing the total to 11.1 billion euros. The NPL ratio came to 25.9 percent from 29 percent... euros. In H1, a total of 1,487 property auctions were noted with 29 percent conducted, 38 percent... 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated, with the total now
25% -
New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeaturesto data from Eurostat, tracking the growth of new businesses in 2017. The data showed that the total... generated by these newly created enterprises came to 2.4 percent of total employment in the EU in 2017... percent). New businesses as a percentage of total active businesses was the lowest of all EU 27
25% -
Greece hopes beaches won't be empty again this summer, but vaccination numbers say otherwise
Agoradeliver a total 28.3 million doses from all approved suppliers. The numbers published in the national.... For example, Greece, with just under 2.4% of the total EU population, could have ordered just over 7... the country is due to receive a total 1.1 million doses of the Pfizer vaccine, 450,000 of AstraZeneca
25% -
Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBanking) to 76 million euros, while total operating expenses stood at 225 million, a drop of 1 percent YoY... securitizations, with 7 billion total gross book value, in Q2, further decreasing the NPE stock of the Group. Pro.... Balance Sheet Customer deposits grew to 50.4 billion euros in Q1, a rise of 8 percent YoY and 2
25%