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Newsletter 155 -16/03/2018
that 100 days remained for the whole package to be put together. Moscovici also described... more. On a quarter-on-quarter basis, an increase of 4.5 percent was noted. The NSA index came to 100
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Greek banks' NPL selloff gathers speed
EconomyBankingto provide viable domestic financing, something that the enormous NPL pile of over 100 billion euros... million in Q2, and landed at 26.8 billion, beating the target for the month by around 100 million euros
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBanking, and will lead to the bank’s NPE ratio falling by more than 100 basis points. Upon completion... position in Greek non-performing credit, a market with circa 100 billion euros of NPEs”, said Alon
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammewas seen at 165 percent in 2020, deescalating further to 127.2 percent in 2030 and below 100 to 96.4... to GDP falls below 100 percent by 2060. The European Commission also examines a more conservative
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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankinginterest rates by 100 basis points and a primary surplus at 1.5 percent of GDP in the long term will breach the assumption of Gross Financing Needs (GFN)-to-GDP from 2032 and push Debt-to-GDP over 100
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Foreign investors positive on Greece but ease of doing business remains low
EconomyFeaturespercent said the amounts were between 10 and 100 million while just 8 percent cited an investment amount over 100 million. To return to pre-crisis levels, foreign investment would need to reach
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Coalition pledges to demolish illegal buildings following Mati fire
PoliticsGreek PoliticsThe government attempted on Wednesday to snatch back the initiative in the political battle over the July 23 fire, which caused almost 100 deaths so far. After government spokesman Dimitris... 100 properties will be sent to the ministry next week and the structures would be knocked down
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingof non-performing loans (NPLs) came to 16.5 billion euros in Q2, increasing by 100 million QoQ... reliance at 3.1 billion euros. As at the end of August, ECB funding reliance was down by around 100 million
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Tsipras points to tax cuts as example of bailout exit benefits
PoliticsGreek Politicsand fiscal policy are concerned. “Our first real 100 days in government will be completed tomorrow, when we will mark 100 days out of the MoU,” the prime minister told MPs. “During that time, we have
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBankingbillion euros. Exits came to around 640 million and write-offs to 100 million. This was offset..., with the NPE cash coverage ratio standing at 47 percent, and total NPE coverage at over 100 percent
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