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Newsletter 318 - 26/11/2021
of the decade and up to 5.1 pct in the period up to 2060. In the higher risk premium scenario, debt... for 2022 and the primary balance beat the new target by 185 million. Net revenues came to 44.16 billion
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Yields rise, but Greek debt still partly shielded from market headwinds
Economyfor the period of June and July this year, there were net negative purchases of 14.3 billion euros... in the current conditions it would probably expect a premium of 20 basis points, leading to a yield of close
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The IMF crisis and how to solve it
Agorathat institutional biases are being tackled is to open up its kitchen to public scrutiny. Fund staff and real... is the perfect time for the Fund to open up its kitchen and show the world the ingredients that go
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Greek labour market recorded in 2015 second highest net hirings since 2001
EconomyMacroeconomyNet hirings stood at 7,826 in December, which is the second positive reading for this month since.... In contrast, negative readings were posted in January and in the July to November period. Net departures...). In contrast, the highest net departures were recorded in food industry (-1,844). The majority (54
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Piraeus Bank posts net profit of 185 mln in 2018
EconomyBankingPiraeus Bank’s fourth quarter (Q4) results showed that net profits from continued operations came... reflected net profits of 185 million euros compared to a net loss of 9 million euros in 2017. Pre... 2017. Net interest income (NII) rose by 2 percent quarter-on-quarter (QoQ) and came to 355 million
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingEurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net.... On an aggregate basis, net profits in the first half (H1) came to 25.7 million euros, down by 27.8... and discontinued operations of 4 million. Net results before discontinued operations
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Eurobank net profits at 56.8 mln in Q1
EconomyBankingEurobank recorded net profits of 56.8 million euros in the first quarter (Q1) of 2020 compared to net profits of 32.6 million in Q4. The relevant net profit in Q1 2019 stood at 22 million euros. Adjusted net profit was reported at 59.6 million euros in Q1, and came to 95.4 million in Q4. Core pre
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankingAlpha Bank reported net profits of 43.8 million euros for the third quarter (Q3) of 2020 compared to a net profit of 97.5 million euros in Q2 2020. On an aggregate basis, net profits in the nine... the lower wholesale funding and deposit cost. The Net Interest Margin (NIM) remained stable QoQ at 2.3
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammeDiscussions between the mission chiefs and Greek authorities on pension reform and tax measures continued over the weekend but still left significant gaps on both fronts. Nevertheless, following a 2.5-hour meeting on Sunday afternoon, Finance Ministry s...
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Newsletter 310 - 01/10/2021
PoliticsFull speed ahead for warship, defence deal with FranceGreece believes that it took a significant step this week to upgrading its defence capabilities but also bolstering the country’s geopolitical standing after agreeing to purchase at least thr...
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