MacroPolis

Show/Hide Search

Search

Results 911 to 920 out of 3600. RSS

  1. After Q3 results, what next for Greek banks?

    Agora

    on the quarter, fully attributed to lower time deposit rates in Greece coupled with less reliance... be provided by the recent ECB rate cut, which is expected to further lower their funding cost by a total 180... continued heading north mainly due to deleveraging (i.e. lower denominator), while NPL formation (the rate

    7%

  2. A macroeconomic assessment of the Cypriot economy after the haircut
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to lower production costs for tradeables and non-tradeables and to a fall in prices of final goods... of lower income levels sinks in, while past savings decumulate, the fall in consumption will be more... be alleviated in the short-run if the propensity to save is now lower thus the propensity to consume

    7%

  3. Primary budget surplus passes 1-bln mark for 2014 but revenue shortfall widening
    Photo by MacroPolis

    Economy

    to April narrowed by 52.8 percent to 1.14 billion euros. Although at lower than the first quarter.... This reflects lower expenditure (977 million) and a higher Public Investment Budget (PIB) balance (390 million), which more than offset lower net revenues (1.05 billion). The monthly performance

    7%

  4. Eurobank records net loss of 207.4 mln in Q1

    EconomyBanking

    in Q1 2014 from 913.1 in Q4 2013. The lower loss reflects an improvement in pre-provision income (PPI... year on year but only QoQ. Higher PPI QoQ at 194 million in Q1 is fully attributed to lower costs... percent QoQ decrease in net interest income (NII). The latter is attributed to lower lending spreads

    7%

  5. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    , the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than... obligations. In contrast, the 2015 budget includes lower revenues stemming from the cut in the excise... expenditure is seen at 41.81 billion euros, 380 million above MTFS, yet 672 million lower than 2014

    7%

  6. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    lower income tax and VAT revenues. The Finance Ministry (MoF) attributed the bulk of the slippage... in the first half of the year, according to the 2015 budget, shows revenues in March will be lower than... slightly lower at 1.5 percent of GDP. However, recent press reports, confirmed by the current finance

    7%

  7. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    to lower net receipts from transport and other services. In contrast, the travel surplus slightly... by 9.9 percent, whilst the services surplus slipped by 0.8 percent. Lower goods’ deficit reflects... half primarily reflects lower net payments for purchases of ships and – to a lower extent – lower net

    7%

  8. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    stands 2.11 billion above the target. The outperformance is mostly due to lower primary expenditure (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax refunds... million, two-thirds lower than last year’s figure of 2.45 billion euros, and 2.09 billion better than

    7%

  9. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    a minimum of 40 years residence in Greece. A lower amount of 346 euros is granted for a minimum of 15... for 40 years. The replacement rates included in today's bill stand up to 3.9 percentage points lower than those proposed by the government in early January entailing lower pensions for new pensioners

    7%

  10. Encouraging signs for Greek banks in Q1 results but NPL management looms large
    Photo via Flickr https://flic.kr/p/4hVnhM

    Agora

    by 2.7 billion euros QoQ coupled with lower time deposit cost, which more than offset the reduced loan... operations (TLTRO-II) and repricing of time deposits at lower levels. As we have previously argued... on an annual basis. In addition, a potentially lower haircut on Greek banks’ collateral could further

    7%