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Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
EconomyGDP by up to 3.3 pct by 2026. In the ratings drivers, policies of pro-growth and pro-reform... on official creditor support. The future funding from markets will depend on Greek authorities maintaining
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Newsletter 404 - 01/12/2023
in September, rising by 3.3 pct year-on-year, up from 2.7 pct in the previous month. The true... benefit from the attractive loans and funding resources are not spread across the economy to help more
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Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
EconomyBankingmillion in H1 2023. Asset quality The NPE ratio was 3.3 percent in H1, from 5.5 percent a year ago... in H1 2023. Eurosystem funding dropped further to 1 billion euros of TLTRO III, with the remaining 1
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Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
EconomyBanking. Eurosystem funding was fully repaid, with the last 1 billion euros payment in December 2024. Asset quality The NPE ratio was 2.6 percent in H1, from 3.3 percent a year ago. The NPE coverage ratio
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Greece is least socially just country in EU, report indicates
Societypayment by submitting receipts to the patients’ social insurance funds. However, these funds saw... is at the bottom ranking with a youth unemployment rate of nearly 60 percent, a rapid increase..., with the country ranking 25th out of the 28 EU member states. “After the crisis erupted, social
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingof the year, the bank saw deposit inflows of 500 million. Deposit balances in Greece increased by 500... non-binding offers for the Galaxy securitisation. Binding offers are expected to be submitted... affected by the repricing of time deposits, improved funding mix and cost, as well as higher
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBanking, deposits saw inflows of 1.3 billion. Deposit balances in Greece expanded by 1.4 billion since... transactions, the bank said that it had received two binding offers for the Galaxy securitisation and have... funding mix. On an aggregate basis, NII came to 1.15 billion euros, edging down by 0.6 percent YoY
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Health service weakness highlighted as Covid deaths hit record high and research points to ICU disparity
PoliticsGreek Politics. This finding is particularly significant because the issue of deaths outside ICUs was the subject of heated... is not conducive to building effective intensive care teams. Another significant finding from the academic... in the academic paper lends its findings greater weight. The research covers the period from September 1
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Newsletter 321 - 17/12/2021
was 88.4 pct, while for those who were brought into ICUs, the rate was 62.2 pct. This finding... intensive care. Another significant finding from the academic paper is that there is a strong link between... revealed in a tweet that decision makers at the “highest level” in Greece had been aware of the findings
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Coalition unwound
Agora. Samaras, feted by some of the international media as the man who turned Greece around, saw an opportunity... organizations and the evaluation of civil servants. In trying to pick the low hanging fruit, Samaras almost
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