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  1. Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total number of permits came to 1,181 and remained above the 1,000-permit mark for 10 straight months... the economic crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84

    5%
  2. Piraeus Bank issues Tier II bond to strong demand
    Image via www.piraeusbank.gr

    EconomyBanking

    of increasing Piraeus Bank’s total capital ratio by around 90 bps. The issue has been rated Caa3 by Moody’s and CCC by S&P. Bids landed at over twice the asking amount, with a total of 135 investors... euros on Wednesday. In total, bids of over 850 million euros were submitted. On its website, the bank

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  3. Alpha Bank Q3 results reflect net profits of 43.8 mln
    Photo by MacroPolis

    EconomyBanking

    coverage increased to 44.8 percent. Total coverage stands at 101.7 percent. NPL balances in Greece... at 64 percent, while total coverage including collateral came to 117 percent. Regarding the auctions... percent over total loans, while the NPE ratio will be reduced to 24 percent. P&L NII came to 381.8 million

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  4. Greece in 2014: The risks and opportunities of moving forward

    Agora

    Estonia took first honours in January 2011. Latvia accounts for 0.2 per cent of total GDP in the euro... in this respect (more than 27 per cent of total official lending to Greece) – the question many ask... households and businesses continue to be anchored on a two-year uninterrupted downward trajectory. The total

    5%
  5. Eurobank reports loss of 186.6 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    in Q3 from 31.8 percent in Q2. Out of the total NPLs of 17.1 billion, corporate NPLs amount to 6.3 billion (33 percent of total), mortgages to 4 billion (21.7 percent), small business loans (SBL) to 3.7 billion (50.5 percent) and consumer credit NPLs to 3.1 billion (44.6 percent of total). NPL

    5%
  6. Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
    Photo by MacroPolis

    EconomyMacroeconomy

    increase to a modest 1 percent for 2014. Total exports rebounded QoQ for the third straight quarter..., while exports of goods rose by a modest 1.7 percent. Over the past six years, total exports... with the latest forecasts being for total arrivals at 23 million in 2014, implying a 15 percent increase

    5%
  7. Newsletter 19 - 13/03/2015

    Newsletters

    of the total Eurosystem funding passed the 100-billion-euro mark to reach 104.25 billion in February... 63 percent of the total, compared to just 6 percent in January and zero in May 2014. The absolute..., this corresponds to an additional burden of more than 700 million on an annual basis. Those two costs total 1.7

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  8. A breakdown of what Tsipras and European lenders agreed to

    EconomyProgramme

    total of 50 billion. Half of this amount will be used for the repayment of banks’ recapitalisation... fiscal path or higher privatization proceeds. In addition, restoring market access could lower the total financial envelope. · To address the acute challenges of the Greek banking sector, the total

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  9. Greek economy braced for impact from Brexit, hopes effect will be limited

    Economy

    up 9.2 percent of total foreign arrivals in Greece, according to the BoG. However, travel receipts stemming from the UK reached 2.02 billion and accounted for 14.3 percent of total. The average... the average for total visitors, which was 541 euros. In the 4-month period of 2016, which is not indicative

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  10. Newsletter 82 - 15/07/2016

    Newsletters

    , the IMF foresees the share of employed between 55 and 64 years old in the total labour force... to revenue collection. This means the total stock of tax debt reached almost 89 billion euros... not helped relocate any migrants despite being allocated a total of 652 under European Council decisions

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