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        Newsletter 271 -30/10/2020  in which Greece was in full lockdown, the impact on salaries was dramatic. From March to June... with savings inflows of 5.07 billion, which offset time outflows of 3.03 million. Credit growth in September up by 2.4 pct Business lending drives uptick Credit movement in the Greek private sector rose 9%
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        Newsletter 216 -26/07/2019  . Credit contraction stays at 0.2 pct Figures for June show balance standing at 161.16 billion The net... million in May. Credit contraction in the Greek market stayed at 0.2 percent in June, unchanged from... surplus confirmed at 381 mln in June May travel balance shows drop in aggregate visitor numbers 9%
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        Lenders flag up minimum wage, trade union law among issues to be examined in next review EconomyProgramme EconomyProgrammeKatrougalos at the end of June and was leaked by Greek daily Eleftheros Typos on Sunday, the country’s... currently increases the minimum wage to 761 euros for those with 9 years of experience compared... mean that work experience allowance may be trimmed or even eliminated, while the 13th and 14th 9%
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        Healthcare next stop for Tsipras amid Georgiou case fallout PoliticsGreek Politics PoliticsGreek Politicstimes by judges’ councils in the past few years. The most recent warning came at the June 15... to respecting the independence of the Greek judiciary. However, the experience that European... as a defence witness sent an informal account of the experience to European authorities and described 9%
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        Newsletter 81 - 08/07/2016  the supplemental MoU released in mid-June. The report revealed that in the event that the contingency... in June 2016 the initial procurement of advisors for the commercial evaluation of an additional 23... held by HRADF. In June HRADF also invited proposals for a second independent valuator 9%
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        Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1 EconomyBanking EconomyBankingcompared to the figure of 16.4 million in Q1. Since June 2017, NPL stock has declined by 2.3 billion... was offset by a rise of 64 million euros in consumer loans and 49 million in mortgages. As of June..., with the NPL cash coverage ratio at 73 percent and total coverage at 127 percent. At the end of June 9%
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        Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends EconomyBanking EconomyBanking) and to a lesser extent to mortgages (-41 million), while consumer credit posted a slightly positive NPL... it slightly fell to 51 percent (from 51.2 percent) in consumer credit. In absolute numbers, the NPL stock... targets to reduce its NPLs and NPEs by around 14 billion from June 2016 until the end of 2019 9%
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        Newsletter 252 -29/05/2020  -up to the EU Council on June 18 and 19. They also suggested that the fact Greece is fifth or sixth... credit line, which due to its inherent conditionality has been dubbed “another MoU”, evoking negative... on Monday as a lone voice in favour of taking advantage of cheap credit wherever it is available. BoG 9%
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        S&P keeps rating at 'B+' and highlights obstacles to competitiveness Economy EconomyStandard and Poor’s (S&P) reaffirmed on Friday its credit rating for Greece at ‘B+’, also... agreement in June last year when the parameters for the debt relief were agreed but has kept the country’s credit score unchanged both in January and in the recent cycle. S&P is now in line with Moody 9%
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        Newsletter 204 -03/05/2019  is the lowest since June 2018 when the indicator came to 2.6 points. Credit contraction at 0.6 pct... will be launched in mid-May, before the fully automated version is up and running in June... (S&P) confirmed late last week that its credit rating for Greece would remain at ‘B+’, also 9%