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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock

Thu, 25 May 2017 07:39:00 GMT

Piraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12... and liquidations (4.5 billion). Selected sales are seen at 2 billion. P&L Net interest income (NII... increased by 2 billion QoQ to 8 billion in March, at a cost of -7 bps. The bank said it participated

Stocks climb 6 pct during week, propelled by 16.6 pct surge by banks

Fri, 28 Apr 2017 15:02:00 GMT

Positive sentiment prevailed in Greek stock market this week, leading to strong gains of 6 percent... this year has turned positive (+6 percent). The top performers this week included the four core banks... yield of 6.6 percent. The ex-dividend date is on May 2. Sarantis holds its AGM on May 3. No other major

Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth

Tue, 22 Nov 2016 06:15:00 GMT

upward revised to 2 percent of GDP from 1.8 percent in the draft budget, above target of 1.75... anticipated impact of 2.45 billion relate to: 1) Income tax reform (716 million) 2) Change in rates... million) 6) Income tax on corporate cars (91 million) 7) Tax on coffee (62 million) 8) Tax on fixed

Where is Odysseus? Part 2 - Uncertainty

Thu, 05 May 2022 08:06:00 GMT

retirement age was increased twice in Greece.[2] This increases the potential pool of labor... on “degrowth.”[6] For the purpose of this blog and ascertaining where Greece is in its efforts to establish... reality, if fertility remains weak. For completeness, we also show in Figure 2 (above) what

CPI increases to 2.5 pct YoY in May, housing costs soar by 6 pct

Tue, 10 Jun 2025 09:40:00 GMT

(YoY) in May, from 2 percent in the previous month, according to the data released on Monday... and health increased by 1.8 percent. Education was up by 2.6 percent. Housing costs also increased by 6..., after an increase of 2 percent YoY in April.

Eurobank net profits at 6 mln in Q2 amid increasing securitisations

Mon, 02 Sep 2019 09:30:00 GMT

Eurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net profits of 19.7 million in Q1. This represents a quarter-on-quarter (QoQ) decline of 69.4 percent... remained a priority. The deal with PIMCO for a 2 billion euro NPE securitsation , marked another

Consumer confidence drops by 6 pts as economic sentiment declines in September

Tue, 29 Sep 2020 09:41:00 GMT

deteriorated by 6 points month-on-month and came to -41 in September. Compared to the same month last... indicator has worsened by 57.6 points. Retail trade fell by 2 points month-on-month to -20.3 points

EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022

Wed, 12 May 2021 12:40:00 GMT

. The Commission sees the Greek economy growing by 4.1 this year and 6 pct in 2022, compared to 3.5 and 5... as lower tax advances and a reduced corporate tax rate by 2 pct points. The deficit is seen dropping

Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche

Mon, 12 Oct 2015 06:44:00 GMT

including the prior actions needed for the disbursement of the next sub-tranche of 2 billion. The bill... retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension... finance deficient supplementary pension funds. Tax 6) Increase in the tax rate on rental income from 11

Newsletter 2 - 07/11/2014

Fri, 07 Nov 2014 12:18:00 GMT

but with Greece being asked to implement 10 to 15 structural reforms. This credit line will last for 6..., with the troika sticking to its initial estimate of 2 billion. Although the Greek Finance Ministry... falling by 16.3 the previous month. 2 The politics of debt dynamics Management of sovereign debt dynamics