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  1. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    funding makes up the total current sum. QoQ, the bank reduced its ECB funding by 600 million euros... CET1 ratio as of Q4 2019 was 14.8 percent and total capital ratio at 16.8 percent proforma for the bank’s Tier II bond issued in February 2020. Including the 500 million Tier II bond, total capital

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  2. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    EconomyBanking

    . As a result, NBG’s loan to debt ratio came to 67 percent in Q4 from 68 percent in Q3. The total... fully eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding... ratio stands at 16.2 percent, with the total capital ratio at 17.1 percent . Both ratios

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  3. Newsletter 246 -03/04/2020

    Newsletters

    security contributions for up to 2.4 million workers in total for 45 days. He added that the addition... another 1.4 billion. This means that the total cost of these measures for March and April will reach 5.1... pledged comes to a total of 6.8 billion euros, or around 3.5 percent of Greece’s annual GDP. Despite

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  4. Building permits increase by 55.7 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total number of permits came to 1,339, staying above the 1,000-permit mark for close to a year.... During 2019, building permits rose by 12.6 percent. Total permits in the aggregate period stood... and the construction downturn began. The total for 2019 is roughly 82 percent lower than the 2005 peak. Much

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  5. Greece clinches attractive yield for 7-year bond amid testing conditions, diminished interest
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    and means the Public Debt Management Agency has raised a total of 4.5 billion euros raised this year... to the drawing board. The tumultuous times were reflected on the statistics of yesterday’s issue. Total... attracted more than 5 billion euros, before closing at 13:45 UK time with total offers of 6 billion euros

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  6. Current account shows deficit of 1.14 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rose by 24.6 percent YoY. Travel payments came to 166.7 million, up by 1 percent. Total exports.... At the same time, total imports reached 4.32 billion euros, a rise of 1.3 percent YoY. On an aggregate... to the improvement of the non-oil balance of goods, while the oil balance increased by 11.8 percent YoY. Total

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  7. Greece takes first round against Covid-19 but fight continues
    Photo by Natasha Pantazopoulou/Fosphotos

    Agora

    , primarily through retirement – in total 10,862 staff left the Health Ministry during the period... for COVID-19 patients, and over 3,672 hospital beds in total were assigned to the treatment of coronavirus... (the total of 46,141 fines for unjustified movements since the start of the lockdown equate to just 0.4

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  8. Newsletter 248 -24/04/2020

    Newsletters

    of total employment, adding extra value of 1.1 billion. A digital reboot of this size would boost... 367.10 euros for the same period last year. In total, arrivals showed an increase of 21.8 percent... year’s total of 10.53 billion. Expenditure for March rose by 153 million euros year-on-year to come

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  9. Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
    Photo by MacroPolis

    EconomyBanking

    to normal operations as soon as possible. A total of 25 billion euros in loans, guarantees and subsidies.... Of the total, around 18 billion euros will be used to support businesses and 7 billion... releases 3 billion funds from the banks, which upon leveraging will total 30 billion. Minister

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  10. Unemployment continued downward course in Feb, falling to 16.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    by 14,451 which is equal to a rise of 0.4 percent. Total employment stood at 3.89 million people... compared with January 2019 (+2.1 percent). The total inactive population now stands at 3.27 million... was the worst employment balance for the same month on record. Total hirings came to 103,002 versus

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