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PBO warns of recovery risks, fourth bailout and possible default
EconomyMacroeconomythat there is scope for targeted cost savings in public procurement and works as well... could result in public cost rationalisation. The pension system is not sustainable, according
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Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
EconomyMacroeconomywas further reduced also reflecting ongoing cost containment efforts. The input costs continued heading... firms look set to try to alleviate their cost burdens over the coming months,” Markit noted.
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Newsletter 106 - 10/02/2017
, with Greek banks’ cost-to-income ratio improving to 51.4 percent in the third quarter of 2016, which..., increasing sharply thereafter to 275 percent in 2060, largely due the anticipated high cost of market
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingincome (NII) and cost containment. Asset quality The domestic non-performing exposure (NPE) stock... more than offset lower deposit cost. During the conference call, the management said
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Athens details fiscal counter-measures, a vital selling point for Tsipras
EconomyProgrammecost depending on the disease. Overall, 1.9 million pensioners, out of the total figure of 2.3 million, would see lower contributions to their medicine cost. In an effort to contain the brain drain
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Poll spells worse trouble for PM than concerns of party turmoil
PoliticsGreek Politicsof the agreement with the creditors, meaning that he will exclusively bear the political cost... because “he is afraid of the political cost and wants to remain in power.” Just 18 percent said
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Athens goes over energy plans, eyes enhanced role
PoliticsForeign Policythe offshore gas fields of Israel and Cyprus with Greece and possibly Italy at a cost of around 7... will be around 1,518 km. The project is due to start in June 2017. It will cost an estimated 29 million euros
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankinglosses rose by 1 percent QoQ and 7.5 percent year-on-year to 188.2 million, corresponding to a cost... quarters. The cost of risk is seen between 150 – 200 bps in 2017 and at around 100 bps in the coming
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Labour Ministry publishes latest pension breakdown
EconomyMacroeconomypension cost for social security funds stands at 28.11 billion, or 16 percent of GDP. The IDIKA... the 500 euro mark. For around 25,000 main pensions, the monthly cost is higher than 2,000 euros
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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingof a voluntary retirement scheme in Q4 2016. As a result, cost-to-core income notably improved to 48... increased by 8 percent QoQ to 235 million, with the cost of risk rising to 267 bps from 246 bps in Q4
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