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  1. Deposit inflows rise to 1.41 bln in August, highest for 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the previous month. On a year-to-date basis, flows stayed positive for a second month to total 1.92 billion... combined with time inflows of 1.32 billion, offsetting a negative balance of savings of 592 million. Total inflows came to 1.20 billion in the eight-month period. Total deposits – which also include general

    10%
  2. Newsletter 167 -22/06/2018

    Newsletters

    in total, covering Greece’s funding needs for the next 22 months. It is likely that Greece will use... in total over the next few years. In terms of long-term debt relief, the Eurogroup simply reaffirmed... euros against last year’s total of 16.94 billion. Compared to the same time last year, expenditure

    10%
  3. Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
    Photo by MacroPolis

    EconomyBanking

    , with the NPE cash coverage ratio standing at 50 percent, and total NPE coverage at 105 percent. The stock..., with the NPL cash coverage ratio at 73 percent and total coverage at 127 percent. At the end of June... the total to 10.9 billion. P&L NII rose by 3.4 percent QoQ to 459 million in Q2, positively impacted

    10%
  4. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    euros in total and consist of individual corporate loan sales and an unsecured portfolio. Overall... coverage ratio standing at 48 percent, and total NPE coverage at over 100 percent. The bank... at 16.2 billion, falling further to 7.4 billion by the end of 2021. In total, this represents

    10%
  5. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    in mid-July 2018, meaning ECB funding makes up the total current sum. QoQ, the bank reduced its ECB... as of Q3 2019 was 14.4 percent, while pro-forma total capital, including the Tier II issue, came to 15.3... strengthen the CET1 and total capital ratio at 15.1 percent and 16.0 percent respectively. Commenting

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  6. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    funding makes up the total current sum. QoQ, the bank reduced its ECB funding by 600 million euros... CET1 ratio as of Q4 2019 was 14.8 percent and total capital ratio at 16.8 percent proforma for the bank’s Tier II bond issued in February 2020. Including the 500 million Tier II bond, total capital

    10%
  7. April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct

    EconomyMacroeconomy

    and assessed taxes). State budget total revenues amounted to 3.26 million euros, 1.16 million euros... the coronavirus pandemic. State budget total revenues stood at 15.43 billion euros, lower than the target..., interest payments stood at 2.50 billion. During the first four months of the year, total expenditure came

    10%
  8. Newsletter 255 -26/06/2020

    Newsletters

    percent to zero arrivals. In total, arrivals from the EU 27 countries fell by 87.5 percent YoY... showed a decrease of 35 percent to 943,500. In total, arrivals showed a drop of 36.1 percent... of the coronavirus pandemic. During the first five months of the year, total expenditure came

    10%
  9. Tourism turnover index slows but signs remain positive
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    to -3.7 percent and -5.5 percent recorded in Q2 and Q3 respectively. Note that unlike previous years... million in 2012, according to the Association of Greek Tourism Enterprises (SETE). The total... by 3.3 billion euros in 2014-2020 would translate into foreign arrivals of 22-24 million and total

    10%
  10. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    arrears to the private sector worth 5.5 billion in 2013, an additional clearance of arrears amounting... and tourism, which account for 2/3 of total exports, have significantly lagged other countries... and restructured loans at 40 percent of total loans by the end of 2013. The coverage ratio (cash

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