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Greek current account deficit rises to 709 mln in February
EconomyMacroeconomyto higher net interest payments on the EFSF and IMF loans. Despite a rise in the services’ surplus... from higher net payments for purchases of ships and - to a lesser extent – higher net oil import bill...-resident’s direct investment in Greece showed a net inflow of 100 million in February and 55.4 million
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UnLuCky for some: Another painful lesson from the euro crisis
Agora.” “Their NFLs (net foreign liabilities) remain very high (implying higher net income payments... into freefall, revenues drop and expenses for a social safety net are required - a combination which has... your net foreign liability position has not improved at all this might act as a deterrent to inflows
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Greek central government debt rises to 322.4 bln in Q2
Economyon Monday. The quarterly evolution reflects net redemptions of long-term bonds issued domestically (6.32 billion) more than offset by a net increase in Financial Support Mechanism (FSM) loans (by 7.85... redemptions of 9.4 billion in May and the 5-year bond issue of 3 billion in April. The net rise in FSM loans
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Greek deposits up 0.6 pct to 164.23 bln in August, which sees year's highest inflows
EconomyMacroeconomyfrom 0.5 percent in July. After marginal outflows in July, the monthly net flow turned positive in August with inflows at 892 million euros, which is the highest monthly reading in 2014. August net... displayed a positive flow within the same month. Following August net additions, the year to date
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Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
EconomyBankingAlpha Bank reported on Tuesday a nine-month (9M) net profit of 110.3 million euros from 3.13... in Q2. The QoQ improvement mainly reflects increased net interest income (NII). Higher NII, up 2.3... the previous year. The net interest margin (NIM) remained almost flat at 2.7 percent QoQ, reflecting a loan
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Income inequality in Greece has grown during crisis, OECD report shows
Societythe average household lost over 8 percent of its real net income annually, well above Spain, Ireland... hold. Reflecting this fall income and the lack of a social net, the crisis period also saw a marked... similar to that for jobless households (based on their net income). It says a possible reason
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Newsletter 34 - 10/07/2015
. The document indicated that VAT reform will target net revenue gains of 1 percent of GDP... in the same period last year. This translates into a net drop in retail sales by 305 million over..., according to the ESEE. This means that the net positive impact on sales in these particular two sectors
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Even week for Greek stocks but trading thins out
Economy-quarter (Q2) financial results on that day. Aegean Airlines’s net profit came in at 23.1 million... financial expenses resulted in net losses of 20.2 million from 36.6 million last year. Terna Energy posted net losses of 0.9 million in Q2 from 1.2 million last year with turnover rising by a double-digit
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economyin investments by an estimated 12 percent, while the net job increase reinforces expectations that unemployment... contributed to financial stability. Net general government (gg) debt is estimated to significantly... of GDP. However, from 2017 onwards, S&P forecasts notable decrease in net gg debt to GDP subject
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Amid protests, coalition ponders tweaks to pension plan
EconomyProgrammealmost triple from 6-7 percent to 20 percent, while the tax rate on their net income is due... percent of farmers declare annual net income (revenues, excluding subsidies up to 12,000 euros... called for the contributions made by the self-employed to be linked to their net income compared
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