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Greek stocks rise 2.7 pct during week as bailout agreement nears
Economy, mostly led by Alpha, while the cumulative gains of the banking index has reached almost 30 percent... on Tuesday they have signed an agreement with KKR Credit for the management of 1.2 billion non
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Newsletter 76 - 03/06/2016
figures, with credit contraction slowing down to 1.9 percent in April from 2.1 percent in March... not on this blacklist compiled annually by the OECD. This led to the government being accused of trying
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Newsletter 86 - 02/09/2016
coupled with lower provisions for credit risk. Economic sentiment in Greece improved for the second... along the way. Questions about the quality and honesty of broadcasting in Greece have led to just
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Newsletter 97 - 25/11/2016
this year and 2 percent next year. limited and will thus constrain credit expansion and banks’ revenue... of politicians that had served in the governments led by his predecessors as heads of the centre-right
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Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
EconomyMacroeconomyof those revisions led the 10-month primary surplus target higher by 1.78 billion to 3.57 billion... by many taxpayers via credit cards. This resulted in an upfront collection of the whole amount
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Greek stocks climb 4.3 pct on week, banks’ strong performance continues
EconomyThe Greek stock market rebounded strongly by 4.3 percent this week mainly led by solid gains in banks, also accompanied by an increase in trading activity. The positive market performance... that their aim to cut non-performing loans to 20 percent of gross loans by the end of 2019 is a credit
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Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
EconomyBankingfor 2016. The marked drop in operating expenses led to efficiency gains with Greek banks’ cost to income... forced to carry out a certain amount of payments via electronic transactions to secure a tax credit
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IMF sees much scope for reform progress, particularly on tax in Article IV report
EconomyProgrammeand weak payment culture that led private sector debt to the state at 70 percent to GDP with around... that if Greece aligns the personal income tax credit relative to the average wage to the eurozone
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Newsletter 110 - 10/03/2017
that the negotiations in Athens continued. The extra time led to an agreement on the out-of-court workout, which... banking at Credit Suisse. The appointment of new CEO at Piraeus ends a period of 14-month uncertainty
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Deposit interest rates broadly stable in March, average loan rate down slightly
EconomyMacroeconomyto 6.58 percent, while the consumer loan rate without a fixed maturity (mostly credit cards) stayed.... The combined impact of those changes led the weighted average rate on new loans down for the second
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