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National Bank posts 9-month profits of 1.18 bln
EconomyBanking) in Greece and Turkey. The domestic loan spread rose marginally by 2 basis points (bps) QoQ to 387 bps... repayments for the first time in 2014. Deposits rose by 2 percent to 66.9 billion euros. In the Greek market, deposits also grew by 2 percent QoQ reflecting an increase in customer deposits by 3
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Newsletter 8 - 19/12/2014
in the 10-month period. Of this, 1 billion was recorded in January, while time deposits posted inflows of 2... elections (3 billion), 22-26 March 2010 when rumours of an imminent default prevailed in the market (2... is the highest reading since Q4 2012. The wages index stood at 85.8 in Q3, the highest reading since Q4 2012. 2
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Fitch keeps Greek rating at 'B' but downgrades outlook to negative
Economyhas moderated its stance since 2012 advocating: 1) Greece to remain in the eurozone 2) Commitment... with the troika, a development that would create serious strains in the state’s cash flow. 2) A worsening... and timely agreement with official creditor that could stabilize the Fitch’s rating outlook. 2
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Newsletter 12 - 23/01/2015
whether Antonis Samaras should continue as the conservative party’s leader. A small defeat of about 2.... Kathimerini daily noted that extraordinary T-Bill issues of 1.5–2 billion may be required to cover... time since Q1 2010. Household disposable income has shrunk by 27.1 percent in five years. 2 Looking
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Newsletter 14 - 06/02/2015
(ENFIA abolition and new taxation) was estimated at 2 billion. However, citing government sources... of 300,000 euros. The estimated revenues from this new tax have not yet been disclosed. 2. Reports also... figure of 2.82 percent. The December rate marks a new historic low during Greece’s euro membership. 2
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammean interest of around 2.5 percent, have a maturity of 39 years and amortize from 2023 until 2054. 2... execution showed a revenue shortfall of 2 billion euros as of January and Varoufakis suggested..., tax evasion and corruption 2) better control of transfer pricing in companies active abroad, 3
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Greek stocks rise by 16 pct during week on hopes of deal in Brussels
Economythen the market slightly corrected on Wednesday and rebounded by more than 2 percent on Friday ahead.... The dividend is due to be paid on July 2. Next week Public Power Corporation (PPC), Piraeus Bank... of 0.36 euros per share on July 2.
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyin the time deposit rate led the weighted average rate on new deposits down by 2 bps to 1.10 percent... over 1 million to 4.68 percent, which is the lowest reading since October 2010. 2) A rise by 47 bps... percent posted in February. The increase in the average loan rate by 7 bps coupled with the 2 bps drop
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Greece seeks 3-year programme that could exceed 65 bln
EconomyProgramme, 2) Redemptions of Greek government bonds held by the Eurosystem of 14.3 billion 3) Redemption... for privatization proceeds of 2 billion and primary surplus of 9.4 billion that could reduce accordingly funding... outlook would reduce the previously anticipated primary surplus increasing accordingly funding needs. 2
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Unemployment rate slips to 25.6 pct in April, lowest since July 2012
EconomyMacroeconomysince July 2012. On a non-seasonally-adjusted (NSA) basis the unemployment rate fell by more than 2..., remaining broadly stable year to date. The breakdown by gender displayed the jobless rate fell by 2 pp YoY.... The respective breakdown by age group showed a drop in the unemployment rate by more than 2 pp YoY
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