Search
-
General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
EconomyMacroeconomyalso rose by 195 million euros to 20.62 billion euros, a rise of 1 percent YoY. In the category... to stand at 1.91 billion euros, representing under 1 percent of the total. Guarantees The stock of gg... static and came to 350 million euros. Gg entities rose by 20 million month-on-month, while non-gg
12% -
Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammepercent, from 1 percent in March 2019, with short term growth seen 2.1 percent on average in 2019-2020... balance is expected to be 1 percent of GDP lower in 2019-2025 in the IMF’s view, reflecting the Fund’s... needs stay comfortably below the long term GFN-to-GDP threshold, set by the Eurogroup at 20 percent
12% -
Newsletter 229 -22/11/2019
years. The overall surplus will reach 1 percent of GDP in 2020, in keeping with the requirements... GFN-to-GDP threshold, set by the Eurogroup at 20 percent, in fact staying below 15 percent of GDP... the target by 811 million. Overall, the PIB balance landed on a deficit of 1 billion euros. Greece’s
12% -
APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingof the securitisation, once 50 pct+1 of the junior notes have been sold to private investors and a satisfactory... is slightly more relaxed than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior... targets, which sees their fees payments held back if collections miss their target by 20 percent
12% -
Deadline looms for troubled home protection scheme as insolvency law is lined up
Economypercent of bad mortgages and roughly 20 percent of consumer loans. Mortgages in mid-2019 stood... to an electronic platform launched on July 1 that allowed banking privacy to be lifted but had... drastically in the course of the year as protection is lifted from May 1. Aside from banks being able
12% -
Newsletter 250 -11/05/2020
percent. Primary cash surplus at 774 mln in March Study suggests 1 in 3 employees could work remotely... from home. Among the category of professionals, 46 percent are teachers, 20 percent are business... make up just 1 percent. On the other hand, industrial plant, machinery and equipment operators have
12% -
NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingoperations, results came to a loss of 1 million euros versus a loss of 571 million euros in Q4... quarter-on-quarter (QoQ) to 137 million. Year-on-year (YoY) fell by 1 percent compared to Q1 2019..., the bank said. Covid 19 Regarding the impact of the coronavirus, the bank noted that less than 20
12% -
Eurobank net profits at 56.8 mln in Q1
EconomyBankingbillion by May 20, management said. The full utilisation of 7.3 billion TLTRO III in June... in Q4. Capital The phased-in Common Equity Tier 1 (CET1) ratio came to 15.4 percent in Q1, while the fully-loaded Basel III CET 1 ratio reached 13.7 percent at the end of the quarter. Pro-forma
12% -
IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomyto its longer-term view of the Greek economy of growth 1 pct. Unemployment is seen rising just short of 20 pct, from 17.3 pct in 2019, and partially recovering to an unemployment rate of 18.3 pct in 2021... to 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year
12% -
Newsletter 269 -16/10/2020
1 pct. Unemployment is seen rising just short of 20 pct, from 17.3 pct in 2019, and partially..., towards a more stable path in the 2022 to 2025 with a deficit of 1 to 15 pct of GDP. The primary
12%