Search
-
Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agora, while Alpha and Piraeus recorded relatively modest net losses of 2 and 37 million respectively... improve NII to a total (waiver and haircut) benefit of around 100 million euros per annum. Our analysis shows that under a best-case scenario, assuming that Greek banks participate at their total
24% -
Newsletter 87 - 09/09/2016
. The number of employed increased by 15,000 month-on-month, reaching 3.68 million in total. The number.... In absolute terms, the trade deficit stood at 1.34 billion euros. 2 The refugee crisis as a charade... and Italy, which makes a mockery of the total target of 160,000 by September 2017. Yet, when it comes
24% -
Industrial production down 0.3 pct in Aug for first fall since Mar
EconomyMacroeconomya decline in electricity production by 4.6 percent that makes up almost 21 percent of the total... of the total index with 70 percent, increased by 2.1 percent, while water supply production edged up 1.2 percent having only marginal impact with just 3 percent weight on the total. Three of the five
24% -
Bank of Greece sees potential for recovery, urges calm in negotiations
EconomyMacroeconomyand achieving a realistic adjustment of fiscal targets (beyond 2018 to 2 percent of GDP), changes... stabilized at 45.2 percent of total exposures at the end of September. As we noted, BoG published... that are “unlikely to pay” account for 27.5 percent of total, while denounced loans (legal process underway) make up
24% -
Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
EconomyMacroeconomyand outweighed a total of 144,004 departures, of which almost 57 percent related to lay-offs. Full... total hirings rose to 58.5 percent in December from 57.1 percent in November, while that for departures... that hirings amounted to 2.14 million within 2016 more than offsetting 2 million departures, of which
24% -
Industrial production improves by another 8.7 percent in March
EconomyMacroeconomyof the total index. Electricity production, which makes up more than one fifth of the total index, rose... of the total index. Furthermore, water supply production edged up 0.4 percent. All five main... pace by 2 percent in March after edging down by 0.4 percent in the previous month and landed
24% -
Newsletter 128 - 21/07/2017
of the total index. The breakdown revealed that the industrial turnover in the non-domestic market rose... private sector deposits. 2 Primary cash balance records 434 mln deficit Expenditure rose to 4.08 billion... for the same time last year which stood at 5.58 billion. Overall, the total stock of overdue obligations
24% -
Newsletter 143
percent of the total debt. The stock of gg guarantees fell substantially to 36.16 billion, falling... euros. 2 Unemployment declines to 20.5 pct in September Headline figure is the lowest level since... of 9,980 people employed was noted versus the previous month, with the total for those employed standing
24% -
Newsletter 145
to total no more than 20 million euros), reports suggested that the lenders are annoyed due to a lack... for the relevant period last year, representing a worsening to the tune of 1.54 billion. 2 Industrial turnover up... in 2017. The report revealed that 247,236 companies employed a total of 1.90 million people in 2017
24% -
Most Greeks negative about spending power in 2018
Societyduring Christmas. However, the total sum in Greece fell by 2 percent, while the average across 10..., compared to an average of 9 percent. In terms of the total sum they estimated they would spend...). The Greek total was slightly higher than the overall average of 445 euros. Greece was one of only two
24%