Search
-
Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingin Greece fell for ten straight quarters and edged down by 400 million euros QoQ to 21.3 billion, driven..., leading to a negative gross formation of around -380 million euros. Broken down by sector, NPE...) in Greece came to 13.9 billion euros in Q2, down by around 300 million QoQ compared to 14.2 billion euros
5% -
Newsletter 243 -13/03/2020
and the impact on the economy already being felt. New Democracy shut down schools and universities.... The government’s hope will be that the advance of the virus can be slowed down and that the situation... of September. In its latest forecast, Alpha Bank sees growth slowing down by 0.4 to 0.9 pct due
5% -
Newsletter 256 -03/07/2020
to make up for reduced takings or having to shut down temporarily to avoid making big losses.... The BoG notes that the Greek economy was already slowing down from the first quarter of the year when... continuing their downward trajectory in the first quarter of the year at roughly 61 billion euros, down
5% -
Newsletter 288 - 12/03/2021
that much of the violence was down to football hooligans. Amid this tense atmosphere, Prime Minister... of a restructuring that will bring down its bad loans ratio to a level approaching the European... and a deferred tax asset write down also of 160 million euros. Adjusted for one-offs, Eurobank said
5% -
Impact of pandemic, lockdowns reflected in lower household spending during 2020
Societywas seen in clothing and footwear, which shrank by 64.3 pct, closely followed by durables down by 62.7 pct. Recreation and culture follow with a drop of 54.5 pct and restaurants, cafes and hotels down... access to certain types of spending as certain activities were shut down during the lockdown in April
5% -
Newsletter 340 - 03/06/2022
. SYRIZA’s support is at 22 pct this month, down from 22.2 pct last month.EconomyKnock-on effects..., are evident in the latest PMI release that hit the lowest in over a year at 53.8, down by 1 point, although still in expansion territory. The overall growth in Greek manufacturing was weighed down
5% -
Newsletter 346 - 15/07/2022
. Back in May, the Commission had significantly revised down the Greek outlook from 4.9 pct..., the IMF trimmed this year’s recovery by one percentage point to 3.5 pct. The OECD revised down its... in vehicle registrations slowed down in June to 2 pct year-on-year, from 21.3 pct in May. Car sales were
5% -
Economic sentiment sees marginal recovery in Aug as most sectors face challenging conditions
EconomyMacroeconomyfrom the previous month. The euro area’s ESI was 97.6 points, down by 1.3 points from July...) fell sharply in August by 9.6 points and came to 102.6. The EEI is down by 9.4 points in the rolling... -0.2 in July. Since September last year, industry confidence is down by 3.7 points. The services index
5% -
Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
EconomyMacroeconomysharply by 3.5 points from the previous month. The euro area’s ESI was 93.7 points, down by 3.6... is down by circa 11 points from the -39.8 of October last year. The Employment Expectations Indicator (EEI) improved by 1.8 points month-on-month to 104.3 points. The EEI is down by 13.6 points
5% -
Tracking Greece's fiscal performance
Agoraneeds to come down, and when that happens, it remains to be seen if the overall fiscal balance... in 2009-2010, both because the market jacked up Greece’s borrowing costs, and because inflation came down... conditions in Greece and a resumption of growth, real interest rates drifted down again, closely following
5%