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Despite recovery in previous three months, building permits down 9.9 pct YoY to July
EconomyMacroeconomy2024. The corresponding surface area also saw a rise of 12.5 percent YoY, while volume rose sharply... deteriorated sharply to 14.4 points from 25.9 points in the previous month. The index is higher by roughly
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Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
EconomyMacroeconomyto 92,200. Arrivals from Russia rose by 65.3 percent, and US visitors saw an increase of 27.7... to 33.2 million visitors, surpassing the prediction made by SETE. Tourism remains a main pillar
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingbeen code-named Project Pillar by Eurobank. The bank will retain 100 percent of the senior notes... billion euros. With the drop of NPEs outpacing the deleveraging in the system that saw loans drop
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PM wades in on Turkey dispute as Covid-19 threat grows at home
PoliticsGreek Politics, while there were also statements from the US and Israel that Athens saw as being supportive of its... capabilities, but discarding NATO as a pillar of peace in the post-world war two world goes too far
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Fresh turbulence at SYRIZA as opposition parties take aim at bank deal
PoliticsGreek PoliticsFinancial Stability Fund (HFSF) reduced resulting in the creation of a so-called “fifth pillar... crisis, which saw the banking system reduced to four systemic lenders rescued through state
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What the ECB did next - a tale from another crisis
Agorashutting down funding avenues for the Greek government by first dis-allowing state bonds from being
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PBO sees 2024 growth of 2.5 pct hinging on RRF and investments
EconomyMacroeconomy“is supported by factors such as the continuation of the successful dis-investment of the Hellenic
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingand Greek government guarantees (pillar II bonds). As a result, the net interest margin (NIM) further... to credit claims, 4 billion to pillar II bonds, 1.3 billion to Greek government bonds (GGBs) and T-Bills... of 94.4 million in the previous one. This was the first profitable quarter for the bank after
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Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBankingfunding, pillar II bonds and deposits. For the whole year, NII increased by 5.8 percent largely due... of 7.2 billion in December, while the nominal value of pillar II bonds dropped further to 2.5... million in the previous quarter, which included a one-off gain of 55 million from the disposal of its
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingand Pillar II utilisation, which offset lower income from loans. On an annual basis, net interest... in Greece, and better market access. As of late October 2017, outstanding Pillar II bonds were eliminated... million in the previous quarter, representing a quarter-on-quarter (QoQ) decline of 12.6 percent
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