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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingto around 70 million in Q1, after a negative figure of 100 million in the previous quarter. However, NPE... bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent
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Greeks tending to shop less often and opt for local products
Society, down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... euros and only 6.2 percent spends over 100 euros on a typical supermarket trip. The average spend
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingquarter-on-quarter (QoQ) to 165 million. Compared to H1 last year, PPI rose by 26 percent to 310 million..., incorporating the impact from the introduction of IFRS16. Loan impairments in Greece came to 100 million in Q2
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Newsletter 273 -13/11/2020
related to the coronavirus, with another 310 patients intubated around the country. The number of new.... On Wednesday, Health Minister Vassilis Kikilias announced that 100 more ICU beds would be added
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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomy-sectors continue displaying a primary cash surplus in the 9-month period, with the state budget (1.82... budget in particular, shows a material improvement by more than 3 billion YoY and 500 million month... contributor is hospitals’ arrears, which rose by 46 million euros MoM and 232 million YtD, to 919 million
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Primary cash surplus at 132 mln in January
EconomyMacroeconomywith a rise of 93 million in interest payments to 1.29 billion. The Public Investment Budget (PIB... ago. The budget primary balance was confirmed at a primary surplus of 498 million euros in the first month of 2020, below target by 771 million euros, the Finance Ministry (MoF) final budget execution
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Despite payment of some arrears, total reached 4.6 bln at end of 2013
EconomyMacroeconomy(EAP). The MoF had initially projected in the 2014 budget that the 2013 gg primary surplus would reach 812 million. This figure is calculated by the MoF under the EAP methodology and corresponds
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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsapparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even
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Greece's primary surplus: Much ado about nothing?
AgoraFinance Ministry in its 2014 budget, where it expected a primary surplus of 3.9 billion (2.1 percent of GDP) excl banks’ support cost under ESA95 rules. This was trimmed to 812 million (0.4 percent
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankinglosses of 232 million in Q1 2020. Pre-provision income (PPI) came to 470 million euros in H1 versus 402... market was reduced to roughly 100 million at 30 June 2020. The bank increased its Liquidity Coverage
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