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Banks focus on defining challenge of reducing NPEs
EconomyBankingof NPLs by the bank to around 4 billion across 2018. Today, Piraeus expects to receive the binding offers
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Budget primary surplus at 2.33 bln in April on strong PIB underspend
EconomyMacroeconomyyear. Interest payments were down by over 25 percent to 2.14 billion, above target by 4 million
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Report on PPC’s viability ruffles feathers and shakes share price
EconomyFeaturesbe considered viable at a debt to earnings ratio of between 4 to 6, meaning that profits must increase
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Newsletter 162 -18/05/2018
times. It concluded that PPC would be considered viable at a debt to earnings ratio of between 4 to 6
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Two weeks left for Athens to settle last remaining prior actions
EconomyProgrammeis expected on June 4, will give an indication of whether Greece is on track to meet its projected growth
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Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
EconomyMacroeconomygrowth of 8.2 points in April, retail trade dipped by 4 points to 6.4 in May, rising by 6.8 points
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingby the bank to around 4 billion across 2018.
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Retail sales up by 1.2 pct in March on higher activity in dept stores, clothing
EconomyMacroeconomy. Consumer confidence dropped by 2.2 points in May to -51, following an increase by 4 points to -48.8
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Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
EconomyMacroeconomyJune 4, starting with the monthly amount that Greeks will be allowed to withdraw from their bank
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBanking, contributing positively by 4 million euros and partially offsetting the lower interest contribution from
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