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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingto 48.7 billion as of the end of December 2019, down by around 400 million euros QoQ. Loan balances in Greece stood at 41.8 billion, down by roughly 300 million euros QoQ. Group deposits increased... percent, down from 100 percent at the end of Q3. For Greece, the ratio fell to 98 percent from 101
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A sudden turnaround that could lead to sharp shock
Agoraclosed down many of its factories. The pain will also be evident in the exports of goods as Greece’s... exports settled at just 2.8 billion euros, down by 17 pct. A similar reaction this year puts at risk... quickly moved to domestic demand as the government had to force businesses to shut down before announcing
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Newsletter 255 -26/06/2020
to a trickle during the lockdown, with foreign arrivals down 96.2 percent YoY in April and travel receipts down 89.7 percent, and all hopes are now pinned on even a modest reopening in July. Meanwhile... that visitors from Germany fell by 99.2 percent to around 8,000. Those from France were down by 100
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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomyand regional airports is down by more than 70 percent compared to last year. The seats offered.... At regional airports, domestic flights are down by 48 percent and international flights down by 71 percent... to the latest complete data set from AIA, international passenger traffic were down by 93 percent in June
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingstood at 14.7 billion, unchanged from Q1 2020. The group NPL ratio stood at 30.2 percent, down from..., NII came to 772 million euros, edging down by 0.7 percent YoY. The Net Interest Margin (NIM... under TLTRO III. Gross loans came to 48.8 billion as of the end of June 2020, down by around 300
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Newsletter 278 -14/12/2020
210,000 have shut down due to state-imposed measures and another 600,000 have been affected in some way..., there were just 119,575 hirings, down by 89,008 compared to last year. Layoffs were also lower by 89,634... by a large securitisation of one systemic bank and are down by 48.5 billion euros since the March 2016
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Labour market developments in Greece during Covid-19
Agorato get unemployment down to, say, below seven percent, by the end of the 2020s? Since the peak... to bringing unemployment down. Participation. One cause of lower unemployment, besides new GDP.... They cannot find a job, are repeatedly turned down and then give up. This is known as the “discouraged
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Newsletter 294 - 23/04/2021
million euros – down from 1.27 billion euros the year before. The local government surplus last year... is still down from 5.83 billion euros in 2018 and 8.03 billion euros the year before that. The 2020 government debt was broken down between 6.55 billion euros in currency and deposits, 67.2 billion euros
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Newsletter 295 - 07/05/2021
, greater testing and more activity moving outdoors would bring the number of coronavirus cases down... of interest were 14 billion euros, which pushed the guidance down to 50 basis points over Mid Swaps... more than 20 billion euros in offers, pushing down the guidance to 47 basis points and indicating
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Newsletter 297 - 21/05/2021
Kyriakos Mitsotakis warned Greeks at the start of the week not to let down their guard despite the fact... warned that the government would clamp down if it feels that there is an abuse of the greater freedom... down further by next month, when a greater number of visitors is expected in Greece. Monday’s
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