Agora
Posts by Manos Giakoumis
Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Greek banks concluded the release of their fourth quarter (Q4) results last week, which showed an improved financial and asset quality performance overall.
Contributor: Manos Giakoumis
Categories: Economy (312), Greece (466)
Greek 2017 budget reveals size and source of extra tax burden
The 2017 budget tabled in Parliament on Monday revealed that the bulk of the estimated incremental fiscal performance in 2017 will stem from additional revenues since 2.45 billion of the 2.6 billion in total interventions will be on the revenue side.
Contributor: Manos Giakoumis
Categories: Economy (312), Greece (466)
How Greece's political system failed to safeguard the largest investment in the country's history
On Friday September 23, the Hellenic Financial Stability Fund (HFSF) published its interim financial statements for the first quarter of 2016. As usual, the results failed to make many people sit up and take notice.
Contributors: Manos Giakoumis, Yiannis Mouzakis
Categories: Economy (312), Greece (466)
How the pension fund that invested heavily in Attica Bank lost half its reserves
The Engineers and Public Contractors Pension Fund (TSMEDE) found itself in the spotlight over the last few days as a result of being the major shareholder in Attica Bank, which faced a number of issues related to corporate governance and lending activities, according to an investigation carried out by the Bank of Greece (BoG).
Contributor: Manos Giakoumis
Categories: Economy (312), Greece (466)
Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
The four core Greek banks released their second quarter (Q2) results in the last two days of August, which showed improving trends in core revenues as well as encouraging signs on the loan quality evolution.
Contributor: Manos Giakoumis
Categories: Economy (312), Greece (466)