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Opposition tries to pin government down over last year's Plan X

Thu, 07 Jul 2016 13:52:00 GMT

with the so-called Plan X that former Finance Minister Yanis Varoufakis worked on during the first half... a range of government officials, Plan X was never intended as a blueprint for Greece to follow... an institutional role. The government’s assertion that Plan X does not hide any dark plans

Reflections on Greece's balance of payments

Fri, 28 Oct 2022 08:32:00 GMT

: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign

Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017

Thu, 29 Mar 2018 11:16:00 GMT

Piraeus Bank’s fourth quarter (Q4) results showed a net profit of 12 million euros from continued... from 9 billion. Eurosystem funding dropped further in late March 2018, with ELA dropping below 2... percent in 2017 to 40.9 billion. Total deposits rose by 1 percent annually to 42.72 billion. IFRS 9

New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls

Thu, 01 Oct 2015 08:23:00 GMT

Following a sharp drop by 50 basis points (bps) in July, Greek households’ new time deposit rate fell by another 12 bps to 1.19 percent in August Bank of Greece (BoG) figures showed on Thursday... cards) rose by 9 bps to 14.64 percent, while that for loans with a defined maturity stood at 7.51

Are Chinese investments starting to hit a wall in Germany?

Fri, 01 Mar 2019 07:57:00 GMT

shareholder. The result was a USD 9 billion investment that skirted German disclosure rules requiring....[x] The rapid growth of Chinese outbound investment in recent years has raised awareness in host... Volkswirtschaft um? Berlin, January 2019. [x] See: Bershidsky, Leonid: “Germany Enters the Global

Substantial ground for Greece and lenders to cover before May 9 Eurogroup

Fri, 29 Apr 2016 13:12:00 GMT

is due to be held on May 9 but it is still not clear how Athens and its creditors will arrive... ahead until the Eurogroup on May 9. The Greek side has not ruled out the possibility of a high..., while Tsipras may repeat his call for a summit of eurozone leaders if the May 9 meeting proves

In negative territory for 12 straight months, industrial production drops by 2.4 pct in Sept

Mon, 09 Nov 2020 11:00:00 GMT

an improvement and rose by 9 points month-on-month to stand at -9 points. Year-on-year, industry

Greek stocks surge 9 pct, up for third successive week

Fri, 04 Mar 2016 18:16:00 GMT

The Greek equity market headed north for the third straight week soaring by 9 percent on the back of a 5.5 percent rise last week. The improved investor sentiment was accompanied by increased trading... rise in loan loss provisions. Next week, Piraeus releases Q4 results on March 9, followed by NBG

Greece looks for support as expectations for May 9 Eurogroup lowered

Mon, 02 May 2016 20:45:00 GMT

low for any agreement on the bailout review by the extra Eurogroup on May 9. A Reuters report... agreement by May 9, including on the 2 percent of GDP in contingent measures, is possible. The nature

IFRS 9 provisions required by banks in line with expectations

Wed, 14 Mar 2018 11:19:00 GMT

. Greek lenders recently announced their estimates for the first-time adoption of the new IFRS 9... institutions to gradually apply the impact from the first-time adoption of the IFRS 9 impairment requirements