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  1. Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    percent in Q2. The non-performing exposure (NPE) formation rose to 100 million in Q3 from 61... (bps) from 227 in Q2. Similarly to the other Greek banks, Alpha targets a cost of risk around 100 bps... reached 500 million in the two months of Q4, 400 million from Greece and 100 million from its

    2%

  2. Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    in energy infrastructure (100 million) and in the agricultural sector (100 million), while another 100

    2%

  3. Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
    Photo by MacroPolis

    EconomyBanking

    The non-performing exposure (NPE) stock in Greece decreased by around 100 million QoQ to 27.5 billion... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected..., while their nominal value amounts to 2.7 billion. The bank noted that a 100 bps decrease in GGB

    2%

  4. Banks meet overall NPE reduction target in Q1 2017, largely on write-offs
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million above the target, while consumer NPEs amounted to 14.3 billion, 100 million higher than... above the target. This reflects an underperformance of housing and business NPLs by 400 and 100 million, respectively, outpacing consumer NPLs which stood 100 million lower than target. Commenting

    2%

  5. HRADF's updated asset development plan sets out next batch of privatisations
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    for the sale of 100 percent of Hellinikon SA include the submission of the integrated development plan... of the share purchase agreement. On the sale of 100 percent stake in TRAINOSE (tractions services for the rail... for the acquisition of 100 percent stake in ROSCO (rolling stock maintenance) was recently extended from

    2%

  6. Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
    Photo by MacroPolis

    EconomyBanking

    of 5 billion in June. Gross loans edged down by 100 million to 50.1 billion in Q2 on the back of lower housing and consumer loan balances by 300 and 100 million respectively in Greece mitigated by a rise of 100 million in business loans. Greek deposits increased by 800 million QoQ to 23.7 billion

    2%

  7. BoG report outlines benefits of surveillance and scenarios for debt
    Photo by MacroPolis

    EconomyBanking

    relief are applied, by 2060 the debt is seen well below 100 percent of GDP at 80 percent. BoG examines.... Scenario 4 looks at the Eurogroup measures but higher interest rates of market access by 100 basis points. Again, debt from 2032 starts increasing as percent of GDP reaching 100 percent by 2060. In terms

    2%

  8. Greece scores low on index for skills development, activation and matching
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    and matching. Scores for these components are averaged and allocated out of 100 to give the overall country score. The scores represent the distance each country is from an ideal score of 100 percent... countries with an overall ESI rating of 23 percent out of 100. For the Skills Development pillar

    2%

  9. Greece 57th in WEF's Global Competitiveness Index based on new methodology

    EconomyFeatures

    introduces a new progress score ranging from 0 to 100. “The frontier (100) corresponds to the goal... as well as its remaining distance,” the GCI states. Under this system, Greece’s overall score out of 100

    2%

  10. Greece worst in EU for gender equality as power resides overwhelmingly with men
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    they are from reaching gender equality. The Index uses a scale of 1 to 100, where 1 represents total inequality and 100 represents total equality. The scores are based on the gaps between women and men.... With a score of 51.2 out of 100 points, Greece ranked last in the EU for gender equality. The country’s

    2%