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Newsletter 155 -16/03/2018
quarter-on-quarter to over 1 million, along with a fall in those employed by 87,372 to 3.7 million... dipped below the 1 million mark. Wages index improves by 0.2 pct in Q4 Year-on-year rise in index
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBanking, impairment losses also declined by 13.9 percent to 1 billion, while the cost of risk fell to 172 bps from... to around 50 percent. Capital The Common Equity Tier 1 (CET1) ratio stood at 18.3 percent, up by 51
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Doubts about whether package deal with lenders is feasible by June
EconomyProgrammeeuros will be released on Wednesday, with another 1 billion to follow for arrears clearance after May 1, dependent on progress in reducing the stock of state arrears and improving the effectiveness
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Ahead of IMF Spring Meetings, questions remain about conclusion of programme
EconomyProgramme(worth 1 percent of GDP) as well as the 1 percent of GDP in pension cuts in 2019 in order to meet its
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Primary cash surplus at 7.72 bln in March on strong underspend
EconomyMacroeconomyquarter of the year declined by over 1 billion euros and came to 11.91 billion. Discounting arrears.... The Public Investment Budget (PIB) balance surplus grew to 210 million from a very slight surplus of 1
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General govt primary cash surplus at 2.58 bln in March as revenues rise
EconomyMacroeconomymillion euros compared to 1 billion a year ago. The local government surplus fell by 26 million to 176... remained unchanged at 2.85 billion, representing less than 1 percent of the total. Guarantees The stock
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Newsletter 160 -04/05/2018
billion. Credit contraction at 1 pct in March Monthly movement brings outstanding balance to 180.34 billion Credit contraction in the Greek market came to 1 percent in March compared to a contraction
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Pension cuts due in 2019 fuel political battle, election talk
PoliticsGreek Politicsto pensioners being avoided. Coalition MPs voted last year for reductions amounting to 1 percent of GDP... (a reduction in the tax-free threshold worth another 1 percent of GDP) should be brought forward
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CPI remains unchanged in April
EconomyMacroeconomyby 1 percent. The overall CPI on an annual basis was impacted by a decrease in prices of food and non-alcoholic beverages by 1 percent, a drop in clothing and footwear by 0.4 percent, lower prices
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Banks focus on defining challenge of reducing NPEs
EconomyBanking, totalling roughly 1 billion euros, which are collateralised. This would bring the total sales... to 10,000 euros, which will total roughly 1 billion euros, to be sold by October. The bank is expecting
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