Search
-
Piraeus reports 1.24 bln euros profit for 2024, commissions income at 636 mln
EconomyBankingeuros in 2024, while net fee income was 636 million euros, from 2 billion and 547 million euros.... Total operating expenses stood at 823 million euros, from 793 million euros a year ago. Reported pre..., unchanged from 2023. Eurosystem funding was fully repaid, with the last 1 billion euros payment
23% -
Newsletter 455 - 14/03/2025
tapped the markets for 2 billion euros for the 15-year and 1 billion euros for the 30-year issue.... This is the largest orderbook on record for any syndicated issue by Greece, attracting a total of 430... and the total of 7 billion euros essentially completes the entire debt strategy for the year, which
23% -
BoG cautiously optimistic on economy and banking sector
Economy. Capital ratios also remained solid: the Common Equity Tier 1 stood at 15.8 pct and total capital at 20.4... and a healthier financial sector. Economic activity expanded by around 2 pct in the first half of 2025...-rating upgrades. Non-performing loans fell to 3.6 pct of total lending, the lowest since Greece
23% -
This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgrammepercent discount on VAT rates applied to islands will start from October 1 for islands with higher... 1, 2016. Tax measures The tax rate on insurance fees increases to 25 percent (from 20 percent... for higher income it increases. In specific, for annual income: 1) Between 12,000 and 20,000 euros
22% -
Macroeconomic fundamentals for Greece
Agora(2020-2029)? Demographics. To answer this question, let us start with Figure 1. Data are from the UN’s most.... Figure 2 shows that these efforts are yielding some success. The number of inactive people... with Figure 2 above, the participation rate is assumed to increase from around 51 percent of the WAP
22% -
Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
EconomyMacroeconomyperiod, which falls to 2 percent of GDP thereafter. The BoG suggests a third scenario (option 1... relief in the form of smoothing interest payment for EFSF loans coupled with a primary surplus of 2... primary surplus of 2 percent after 2018, extension of all eurozone loan maturities by 20 years
22% -
The allocation of labor resources in Greece and the EU-27
Agoradestruction.”[1] The public sector never goes out of business, no matter how inefficient it is. If it runs... then plotted an index (2001-Q1=100) for employment in the public and private sectors. Figure 1... employment has grown or declined in the public and private sectors since early 2001. From figure 1
22% -
Where is Odysseus? Part 3 - Participation
Agora. Recall, there are two reasons: 1. Slightly higher population and, 2. Slightly bigger WAP... in English, Bob Traa: “The Macroeconomy of Greece” (Amazon.com 2020). [2] Figure 1 shows constant scenarios... is described in a book on the macroeconomy of Greece.[1] But, shortly underway, the Covid-19 pandemic
22% -
Where is Odysseus? Part 5 - Productivity
Agora.[2] The dotted line in Figure 1 shows the employment path that was anticipated in Odysseus’ 2018... on the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found... is more easily transmitted in graphs than in lengthy complex tables. Employment. Consider Figure 1, below
22% -
European Commission review of Greek programme: The key points
EconomyProgrammerecovery, unemployment is seen easing by 1.3 percentage points (pp) in 2014 and by an additional 2... year, 2 billion could not be cleared in 2013 and therefore are expected to be paid in 2014. Delays... of the next sub-tranche of 1 billion (due in June) include six prior actions, namely: 1) adoption of outdoor
21%