Search
-
Greece issues new 10 yr bond as investor appetite returns
Economythat fetched a yield of 1.91 pct and the 7-year issued in April of 2 billion euros. The two prior issues... by 14:30 local time with total offers of 15.75 billion euros and price of mid swaps +160 basis points... on the T-bills rollovers. Today it is set to auction a 52-week T-bill for an initial amount of 1
21% -
PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek PoliticsAthens for Friday’s publicity opportunity. Apart from the 2 billion euros that Lamda is planning... of seeing a significant number of visitors this summer. Mitsotakis also said that another 1 billion... that the total cost of all the support measures will now reach 17 billion euros. This will hit the primary
21% -
Banks step up securitisation drive following pandemic interruption
EconomyBankingon the securitisation of the Phoenix portfolio worth 2 billion euros, with the senior notes in the region of 1 billion euros. This is part of a 7-billion-euro total securitisation exercise for Piraeus, which it hopes
21% -
Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesin the residential sector contributed over 10 percent. Those figures shrunk to 5 percent and less than 1.... It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment... of 2019, these had reached 12,832. The total number nationwide peaked at over 100,000 unique listings
21% -
Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek Politicsby the government. A total of 109 deaths were recorded over the weekend which, as one local newspaper pointed... March and September 1, Covid-19 claimed 207 lives in Greece. According to reports, more than 3,300..., compared to the 2 billion euros previously envisioned. Aside from measures that have been announced
21% -
NBG results show net profits of 602 mln euros in 9M
EconomyBankingand commission income came to 188 million in 9M, up by 2 percent YoY. On a quarterly basis, the figure rose by 13... (-1 percent QoQ) and fell by 4 percent in the year to date. These stem largely from reduced personnel... in Q3 and is net of the total Covid19 charge offs of 429 million accounted for in 9M. On a fully loaded
21% -
Newsletter 279 -13/11/2020
worsened by 19.8 points. 2 Credit growth in Nov edges up to 2.6 pct Rates approaching last high... sight savings, aggregate triples YoY Total deposits, which also include the general government (gg.... In addition, sight deposits increased by 2.97 billion euros. Time deposits fell by 1 billion euros. The latest
21% -
GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
EconomyMacroeconomyof GDP, making up around 95 percent of the total figure in Q4, with private consumption representing... in Q4 rose by 1 percent QoQ and by 1.6 percent YoY. Exports The breakdown in exports of goods..., imports of goods fell by 2 percent in Q4 2020, while services imports dropped by 30.9 percent YoY
21% -
Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
EconomyBankingsecuritisation, to bring the total stock down to 5.7 billion euros. That left Eurobank with a NPE ratio... percent QoQ and stood at 329.3 million euros. On an annual basis, NII fell by 2 percent and came... The phased-in Common Equity Tier 1 (CET1) ratio came to 13.9 percent from 13.2 percent Q3, and from
21% -
Newsletter 295 - 07/05/2021
dose. Just over 1 million Greeks (9.7%) had received both jabs. Speaking during an online conference... euros. The Finance Ministry has hinted that the total debt strategy this year could exceed the 12... the autumn. 2 Economic expectations subdued for 2021 But Finance Ministry has high hopes for 2022 onwards
21%