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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBanking300 million euros, accelerating from the previous quarter’s figure of almost 200 million. Overall... decreased by 14 percent QoQ to 200 million euros, corresponding to a cost of risk (provisions over net... further by 800 million euros QoQ to 43.7 billion in Q2, while deposits edged up by around 200 million
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Tsipras reaches settlement with church, aiming to subdue critics
PoliticsGreek Politicsspends on priests’ wages (roughly 200 million euros a year), which will not increase if there is a rise... on wages. The price that the government has agreed to pay for this is to transfer the roughly 200 million.... In effect, the church has agreed to receive 200 million euros a year in compensation in return
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Pandemic takes heavy toll on Greek workers, study finds
EconomyFeaturesan increase in the number of persons receiving less than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200 euros. This rose to 12 percent in Q2 2020. During the same period, those earning between 200 to 1,200 euros decreased by 11.3 percentage points
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Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomyuncertainty and increased Grexit fears. Of this, 21.8 billion (almost 90 percent of those outflows) stemmed... (close to 90 billion) during that period were off shore and 40 percent were kept inside Greece. Banks
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Deposit outflow slows to 2.19 bln in Mar as balances slip to lowest in 10 yrs
EconomyMacroeconomyGrexit concerns. The bulk (around 90 percent or 23.9 billion) of withdrawals over this 4-month... the June 2012 elections, around 60 percent of the huge outflows of that period (close to 90 billion
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Where has the money withdrawn from Greek banks gone?
AgoraSince December, the Greek banking system has been suffering from extended deposit outflows, which reached 26.8 billion euros at the end of March. Almost 90 percent of these withdrawals stemmed from... the June 2012 elections, around 60 percent of the huge outflows of that period, which topped 90
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Apartment prices down by 3.9 pct in Q1 for seventh straight QoQ fall
EconomyMacroeconomyby around 90 percent since 2008. In specific, the number of appraisals landed at 3,270 in Q1 2015 from 32,008 in Q1 2008 corresponding to a plunge by 90 percent. A similar fall was posted in volume
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Referendum and the ECB to determine the future of Greek banks
Economywill continue operating with the ELA liquidity of last Friday which is estimated close to 90 billion... of 90 billion plus buffer of 25 billion), we conclude that the nominal value of the ELA-eligible
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June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomy90 percent of the outflows since December were from time deposits (38.28 billion) followed by sight... in Greek banks’ Eurosystem funding by 10.17 billion in the same month. More than 90 percent
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Greece lagging in EU innovation rankings
Economyis between 50 and 90 percent of the EU average, ranking 7th among 14 EU countries. Over the past... are in the Human Resources and Innovators with their performance at 98 and 90 percent of the EU average
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