Search
-
These are the bailout deliverables expected from Greece in September
EconomyProgrammewithin the tenure of the caretaker government, include: 1) Finalise a medium-term technical assistance..., which will assist on implementation, an action plan on public procurement. 8) Integrate by September 1 all supplementary pension funds into the Unified Auxiliary Insurance Fund (ETEA) and ensure
17% -
NBG reports full year net profits of 50 million euros from continued operations
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 1 million euros from continued operations... stock came to 15.4 billion in Q4 from 15.9 billion in Q3. In the last 12 months, NPEs have been...) and consumer (-8 million). This led the group NPL ratio to stand at 29.9 percent. As mentioned
17% -
Eurobank net results show profit of 176 mln in H1
EconomyBanking) to 223.8 million euros from 211.5 million in Q1 2020. Year-on-year (YoY), PPI rose by 8 percent... securitisation. The NPL balance came to 4.8 billion euros. The NPL ratio came to 12 percent in H1 from 25.9... funding totalled 8 billion euros during Q2 from 2.7 billion in Q1. This is entirely due to the TLTRO
17% -
Newsletter 14 - 06/02/2015
now returned to the internal front. It will present its policy programme to Parliament on February 8... meetings include an extraordinary Eurogroup session on February 11, the European Council on February 12..., this is our understanding of what the policy programme would include: 1. The abolition
17% -
NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingof Astir Palace, as well as an increase in impairment losses. Core pre-provision income (PPI) rebounded 12... income (ΝΙΙ) improved 1 percent QoQ to 445 million in Q1 mostly reflecting a rebound in loan NII from... NII is seen broadly stable by the end of the year. Fee income rose by 8 percent QoQ to 63 million
17% -
Budget primary surplus at 1 bln in Jan as tax revenues outperform
EconomyMacroeconomyto better than expected tax revenues, which improved by 8 percent to 3.81 billion, 255 million higher
17% -
Unemployment stable at 9.4 pct in Dec, improves by 1 point in 2024
EconomyMacroeconomyfor men stood at 8 percent, from 8.2 percent in December 2023. Youth unemployment dropped by 2.7 pps
17% -
National Bank posts net loss of 1.1 bln in Q4
EconomyBankingincome (PPI) fell 12 percent quarter on quarter (QoQ) to 363 million in Q4 reflecting a 2 percent drop... percent QoQ) largely due to a further contraction in the time deposit spread by 8 basis points (bps... was slashed by 12 percent mainly attributed to a double digit drop in personnel (-14 percent) and general
17% -
Gov't submits reform plan that raises contributions and cuts future pensions
EconomyProgrammerates. We present below the key interventions of the government’s 170-page final plan: 1... replacement rate. This rate stands at 12 percent for 15 working years, at 37.5 percent for 35 working years... compared to the current pension system. 8) The upper pension limit is set at 2,300 euros and at 3,070
17% -
In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBankingbillion, almost 1 billion above the respective figure a year ago and mostly relate to denounced loans... percent over the last 12 months. These type of settlements in the housing lending sector soared 145... expenses) by 8 percent per annum from mid-2016 until the end of 2019 and a cost of risk (provisions over
17%