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Disposable income grows by 2.1 pct in Q1, gross savings continue to shrink
EconomyMacroeconomybillion euros and largely reflects a rise in taxes on income and wealth, along with a smaller rise... fallen by 18.4 percent over the last seven years due to a sharp rise in unemployment, along with wage
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingTargeted Long Term Refinancing Operations (TLTRO-II) programme (+20 million), along with reduced... by 2.6 billion along with 500 million euros which stemmed from a covered bond issuance. Overall
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Card transactions in Greece experience boost due to capital controls
EconomyBankingdays. A set of relaxations announced in August raised the amount to 1,800 euros per transaction, along... are now allowed to send abroad up to 40,000 euros as part of business activity. Along
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PM moves quickly on policy pledges in bid highlight benefits of MoU exit
PoliticsGreek Politicson the labour front, along with the return of collective bargaining and the extendibility of sectoral contracts... this month. Draft legislation regarding the ENFIA property tax reduction is expected to follow soon, along
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesof the urban planning studies by means of joint ministerial decisions is also underway, along... which will be located on the site. The majority of the interest has come from American parties, along
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Newsletter 177 -05/10/2018
will be implemented along with the equivalent volume of compensatory measures. This is seen delivering... the creation of new NPEs while the current pile is being reduced, along with an improvement in the markets
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Tsipras faces challenges ahead on multiple foreign policy fronts
PoliticsForeign PolicyMinister at its epicentre. As it has become known, Tsipras had never intended to take Kotzias along..., a professor of foreign relations and thus with deep knowledge of foreign issues, along with his personal
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Disposable income grows by 3.3 pct in Q2
EconomyMacroeconomyand wealth, along with a smaller fall in social contributions and other current transfers. Since 2011... years due to a sharp rise in unemployment, along with wage and pension cuts. Reduced salaries
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingbillion euros. The four bidders were named as Apollo Global, Centerbridge, Fortress and Lone Star. Along.... The bank is targeting its pile of NPLs to stand at 14.9 billion at the end of the year, along with NPEs
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BoG provides details of ambitious plans to slash NPLs via SPV
EconomyBankingtransfer some of their non-performing exposures (NPEs) along with part of their deferred tax credits... billion euros along with 7.4 billion of DTCs. The immediate benefit of the scheme is the significant
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