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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingthis year, plus spread reduction, also contributed negatively by 28 million euros. On a positive note
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No bounce for Tsipras in poll as cracks appear in centre-left
PoliticsGreek Politicsthat KINAL has become a “PASOK plus” and not the renewed centre-left movement that many had been hoping
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Greek debt management agency sees Eurogroup debt deal favourably
EconomyProgrammeplus the longer term commitments aimed at: facilitating market access, smoothening the repayment
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Newsletter 172 -27/07/2018
seven years due to a sharp rise in unemployment, plus wage and pension cuts.. Credit contraction
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturesservices are subject to 13 percent VAT. Food and beverage plus other services sold to clients incur
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Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgrammeis estimated to be around 650 million euros in ANFA and SMP profits plus around 330 million euros
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankinginflows, plus third party REOs. The agreement values the platform at 410 million euros. The total
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Tsipras steps in to limit damage, Mitsotakis eyes tax cuts and fiscal targets
PoliticsGreek Politics, the opposition party has probably promised more in the form of tax cuts than the government, plus
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesthe top tax rate “considerably” from its current effective rate of 55 percent (45 percent tax plus 10
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CPI falls by 0.3 pct in June after 13 months of rises
EconomyMacroeconomyand non-alcoholic beverages, plus a 1.1 percent decline in miscellaneous goods and services. Rises
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