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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policy, in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policycountries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingof additional deferred tax asset (DTA) of 200 million euros. The second involves an extraordinary... of 25.7 percent showed the highest quarterly growth (1.1 pp), followed by business loan NPL (+0.5 pp... the conference call, the management indicated that additional DTA of 200 million would be recognized
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Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomy200 euros each for a total amount of 236.5 million. The breakdown also showed that another 3.07 million were due to pay between 200 and 1,000 euros each for a cumulative amount of 1.38 billion (50.9... for a total amount of 1.1 billion (40.4 percent of total). Overall, 6.39 million individuals were due
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBanking) formation dropped by 1.1 billion in Q2 to bring NPL stock to 9.1 billion. This led the group NPL ratio... million. A portfolio of real-estate backed non-operating corporate loans worth 200 million..., unchanged QoQ with a cost of risk of 140 bps. In H1, the loan impairments came to 200 million
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBanking(YoY). Asset quality NPEs fell by around 1.1 billion euros in Q3, taking the stock to 25.7 billion... funding by 200 million euros. Management said that the bank shifted away from ELA funding thanks... by around 200 million QoQ to 44.9 billion. On an annual basis, domestic deposits increased by 5
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingquarter, falling by 200 million QoQ to 10.4 billion, driven mostly by organic actions. In Greece... of real-estate backed non-operating corporate loans valued at 200 million and a Cypriot portfolio... to 1.1 billion in the first quarter, driven by corporate flows. Group deposits increased by 3.9
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Pressure intensifies on govt for more radical interventions in energy markets
PoliticsGreek Politicscomes just days after Prime Minister Kyriakos Mitsotakis announced an additional 1.1 billion euros... the inflation wave, 360 million euros for the reduction in the ENFIA property tax and 200 million euros... on the pandemic has already driven debt up by 32 billion euros in 2021, taking the ratio to just over 200
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Newsletter 90 - 30/09/2016
by 1.4 billion from the previous month to 199.15 billion, which is the first reading below 200... dropped by 1.1 points to 91.4, while consumer confidence improved by 4.3 points to -65.9. Three... slips Greece’s economic sentiment (ESI) fell by 1.1 points in September after improving
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Newsletter 108 - 24/02/2017
and secondary income balances Aggregate yearly figures show the C/A balance turned to a deficit of 1.1.../A balance turned to a deficit of 1.1 billion in 2016 from a surplus of 205.8 million in 2015. This mainly... billion on the back of the European Stability Mechanism disbursement, mitigated by payments of around 200
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