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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeatures. The increased cost of heating oil, as well as subsidy schemes for the installation of gas boilers, and new... and Thessaloniki, and the Thessaly region. Deliveries of heating oil in October cost an estimated 4.3
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NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
EconomyBanking-on-year in Greece and by 8 percent for the group. Cost containment largely reflects the continuing... million euros, corresponding to a cost of risk (provisions over net loans) of 196 bps versus 243 bps in Q2
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingto the positive effects of the going improvement of the funding cost being offset by the asset deleveraging... million. As a result, the cost of risk came to 4.9 percent. Management noted that IFRS9 adjustment
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankinglosses fell by 18.3 percent QoQ to 243.7 million euros, corresponding to a cost of risk (provisions..., impairment losses also declined by 13.9 percent to 1 billion, while the cost of risk fell to 172 bps from
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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBanking, digitalisation initiatives, lower advertising expenses and overall cost cutting efforts. In the conference... billion euros versus 933 million in 2016, with the Greek cost of risk for 2017 coming to 464 bps over
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Greek families shell out for education as state system falls short
Societythe cost of having a child enrolled in an out-of-town college or university, at 554.7 million... attend either a cram school or take additional private lessons at home. In addition to the high cost
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBanking, corresponding to a cost of risk (provisions over net loans) of 156 bps versus 249 bps in Q4. Management noted that the cost of risk is expected to remain around these levels for the course of 2018
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The tie that binds
Agoraadopted in the first half of 2015, at great cost. Perhaps the most vexing part of Friday’s tie.... The fact that these goals were only achieved after the coalition completed a third programme, cost
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For better or worse: Greece's bailout exit deja vu
Agoralegislate two reforms that the IMF had been advocating for years. These were the lowering the cost... the IMF for reducing the cost of the pension system and spreading the tax burden to make it more balanced
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyand executed, the report emphasises. Productivity also needs to be increased, but not at the cost... focus on the smooth and low-cost financing of the private sector, which will drive the recovery
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