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Newsletter 31 - 19/06/2015
moderate outflows of around 2.9 and 1 billion, respectively. More than 70 percent of total withdrawals..., corresponding to 42.3 percent of the total outflow. Management at the country’s banks also indicated...Bank liquidity holds key Failure to strike a deal soon could result in capital controls Caught
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Newsletter 34 - 10/07/2015
we can judge, total interventions for 2015 stand at 2.3 billion euros and at 6.5 billion for 2016... amounted to 195 million. Summing up, total retail sales fell by 10 percent to 975 million, from 1.09... to reconfigure his government, especially if his government loses its majority. Capital controls extended
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Greek stocks on slide for third straight week
Economybond swap offers that resulted in a capital strengthening of 2.9 billion euros in total for the four...-preemptive international institutional offerings to raise at least 6.3 billion euros to cover their total capital shortfall (Alpha and Eurobank) or the capital needs of the baseline stress test scenario (NBG
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GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomythe majority of GDP, making up 88.8 percent of the total figure in Q4, with private consumption... of the total. The latest MoF forecast pointed to a rise in household consumption by 0.9 percent.... These falls were partially offset by a 27.8 percent rise in gross fixed capital formation during
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If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomybetween 2015-2017. Total card use penetration had a significant positive effect on tax compliance and led to at least 50 percent of total annual VAT revenues increasing in 2017. IOBE notes that if card...) has shown. The study, titled “Digital payments after capital controls: Support measures and tax
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Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
EconomyMacroeconomy89 percent of the total figure in Q4, with private consumption representing 68.1 percent of the headline GDP number. Government spending represents around 20.8 percent of the total. The latest budget... capital formation declining by 10.7 percent QoQ, with gross fixed capital formation falling by 3.6
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Newsletter 384 - 09/06/2023
peak of 4.15 billion euros in Q4 2022. This anomaly pushed up the total capital formation to levels... by 20.7 pct, bringing the total to 9.29 billion euros. Imports dropped by 1.9 pct, while exports increased... sign came from the investment front, which stems from one of the underreported factors in capital
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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingshare of 1.5 percent. The loan breakdown shows corporate loans make up 71.9 percent of total, while... percent to industry. The bank operates via a network of 70 braches (2.9 percent of total) with a staff... and 1.02 billion in the adverse scenario. Following a capital plan submitted by the bank to BoG, its
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Newsletter 119 - 19/05/2017
measures worth 1.5 billion in 2020 and another 2 billion in 2021, the total tax relief included... security contributions (SSCs) and social benefits. The total bill of the previous and current pension... of the midnight vote, that capital controls could be lifted by the end of the year. The Greek government published
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBankingon the new Greek time deposits stands at 70 basis points (bps), while the total book is priced at 89 bps..., the total Greek loan yield remained almost stable at 393 bps in Q2. Fee income fell by 1.8 percent... operations, a loss of 97 million from discontinued operations and an one-off capital gain of 144 million
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