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Newsletter 131 -15/09/2017
showed that unpaid taxes shot up by just over 2 billion euros in July compared to a rise of 727 million... since January 2015. 2 Building activity rises by 9 pct in June Permits remain above the 1,000-mark... by 2 percentage points (pp) from the Q2 2016 figure of 23.1 percent. This change was driven mostly
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Greek household expenditure falls by another 2.5 pct in 2016
Societyto 1,392.03 euros, down by 2 percent or 28.97 euros compared to 2015’s figure. The average expenditure per month per person came to 538.94 euros in 2016, down by 2 percent or 11.24 euros compared to 2015... being spent on food by 4.3 percentage points (pp), while spending on housing rose by 2 pp, health
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Newsletter 140 -17/11/2017
expects a growth rate of close to 2 percent of GDP this year. The opposition parties, though, accused..., with escalating coupons that started at 2 percent in 2013 and reach 4.3 percent in 2023... of the country. 2 Net hirings balance negative by 98,420 in Oct Headline figure slips into negative
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingwith a combined value of around 2 billion euros. These are composed of unsecured non-performing... in administrative and employee costs by 7 percent and 2 percent, respectively - branches have been reduced by 8... sheet amount of around 2 billion euros,” he said. “For the full year 2017, we are committed
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBanking, the figure declined by 0.9 percent for the group and by 2 percent for Greece. As a result, the cost... percent to 750 million, with a cost of risk of 2 percent versus 1.96 percent in 2016. As management noted...). The coverage for stage 2 loans increased by 620 bps to 10.7 percent in Q4, while that for stage 3 loans (NPE
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBanking) and operating income. For 2017, core PPI increased by 2 percent year-one-year to 1.21 billion. Asset quality Non-performing exposure (NPE) stock in Greece fell for the fourth quarter in a row by around 2... 2017. ECB funding fell by 2 billion to 3.2 billion in December 2017 compared to a year ago
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Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
EconomyMacroeconomybillion euros. Primary expenditure came to 9.45 billion euros, very slightly below target by 2 million... of the year showed that primary expenditure came to 9.45 billion, very slightly below target by 2... of the year, expenditure declined by 8.5 percent to 11.36 billion, standing 2 million lower than target. PIB
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Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
EconomyMacroeconomytarget by 2 million euros. Net revenues came to 11.10 billion euros, above target by 407 million... below target by 2 million euros and 5.4 percent lower than that for the same time last year. Interest... three months of the year, expenditure declined by 8.5 percent to 11.36 billion, standing 2 million lower
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Banks focus on defining challenge of reducing NPEs
EconomyBankingcomes to 3.7 billion euros, and a total outstanding principal amount is 2 billion euros, as of June 30... value of the loans. The total value of Amoeba following two rounds of interest exceeded 2 billion..., the banks is looking to form a portfolio of approximately 2 billion euros of SME NPLs backed
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For better or worse: Greece's bailout exit deja vu
Agoraand estimates, Greece was expected to save an additional 1.7 to 2 billion euros annually over the period... on current policies Greece would need 2 percent of GDP in measures to sustain the 3.5 percent primary... a fiscal gap of 1.1 percent of GDP, or 2 billion euros. This meant that if Samaras wanted to close
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