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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankingon reducing NPLs in line with our targets, eliminating ELA support, expanding our non interest... of industry analysts. The loss in Q4 and decline in profitability for 2017 stemmed from... bps of capital, which is lower than industry analysts had estimated. In anticipation, accumulated
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Athens formulates response to Turkey-Libya maritime deal it deems null and void
PoliticsForeign Policyto “internationalise” the issue, briefing allies within NATO and the EU and seeking their support. Even... never hidden its intentions and positions." Turkish aims According to various analysts, the MoU... in order to move in on the area, analysts argue. It could prevent Greece from developing its sovereign
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It remains a mystery
Agoraadditional funding of significance to support its banking sector following the restructuring. It is worth... euros for primary deficit financing, interest payments, bank support and holdouts. It would have... mostly met with nonchalance. There was silence from Berlin and Brussels on the IMF leaks. One analysis
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European Commission review of Greek programme: The key points
EconomyProgrammeto the banks’ support. The new unified property tax (ENFIA) is anticipated to raise 2.4 billion euros... the regulatory, legal and judicial environment to support bank’s NPL management Prior actions...’ clearance. The current debt sustainability analysis assumes that 2.5 billion euros in newly
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Our most popular stories in 2014
Agoraand The Agora) during 2014. We thank you for your support and look forward to providing more top quality analysis in 2015. We wish you all a healthy and happy New Year. We remind you that we offer... by about 160 percent. As a result, around 3.5 million employed people have to support more than 4.7
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European Commission evaluates impact of bailout programme
EconomyProgrammesystem as a last resort income support for the working age population. VAT The VAT reform resulted.... The three principles that underpin VAT reform involved: a) revenue support and attainment of the fiscal... and rationale of the reform and adjustment process as well as an analysis of the expected impact
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Tsipras and the binary opposition
Agorato convince Greeks to vote “Yes” on July 5 but despite having the support of the country’s mainstream... Greeks. However, it is unlikely that this is enough support to make Popular Unity anything more than... of a homogeneous group even though all the analysis shows that at least half of those ballots came from Greeks
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IMF's role in Greek bailout remains in doubt
EconomyProgrammepercent of GDP beyond 2018 and stressed that the fund could support a programme that is based on a fiscal... on a programme that the IMF can support with a new arrangement.” The Eurogroup due in Luxembourg today... sustainability analysis (DSA) is currently being prepared and will be published along with the Article IV paper
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Newsletter 95 - 11/11/2016
enthusiasm for these issues or support the Greek government. As such, there is a fear among officials.... It is true that Trump, like the Leave campaign in the UK, received strong support from high income.... There has been much interesting analysis about Trump’s win and, although it is still early days
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Space and time the missing elements in Greek bailout talks
Agora“taking it easy” on the Greeks is a political no-no. In the absence of support for a relaxation... his support by blaming the lenders for the impasse seems a more politically fruitful approach..., the evaluation study and the Debt Sustainability Analysis that accompanies it. However, the inconclusive
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