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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct

Thu, 07 Apr 2022 12:19:00 GMT

, with the figure in the adverse case pushing even higher to 7 pct. De-escalation is expected in 2023, assuming

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

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... in Parliament under the “emergency” procedure on July 15 and 22 and on August 14 contained only one article... retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension

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

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

Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI

Wed, 14 Jun 2023 07:18:00 GMT

of May were 1,184 euros, paid out in 14 salaries and 1,382 euros on a 12-month basis. Last year, wages grew by 5 pct, with the cumulative growth since 2019 up by 14 pct. Of course, the 7 pct increase up... workers. Gross earnings in May this year were up by 7 pct, largely incorporating the rise

Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct

Mon, 05 Aug 2024 07:31:00 GMT

million euros in the same period of 2023, a rise of 7 percent. Normalised profit after tax for H1 was 437...) in H1 was 635 million euros, from 558 million in H1 2023, up by 14 percent. Asset quality The NPE ratio... million euros last year, up by 14 percent. Trading income was up to 68 million euros, from 53 million

Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter

Thu, 31 Aug 2017 09:48:00 GMT

Piraeus Bank reversed its first-quarter (Q1) net losses of 7 million to profit of 7 million in Q2..., collections and liquidations (4.4 billion) and selected sales (2 billion). P&L NII remained almost... by the impact of asset deleveraging. Fees increased by almost 2 percent QoQ to 82 million, while

China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"

Fri, 29 Sep 2017 09:46:00 GMT

of the agreements between Hungary, Serbia and China along the Budapest – Belgrade Corridor X initiative. When... as Serbia’s export destination. [2] The share of Chinese investment (Hong Kong included) in total FDI... Electric Power Design Institute as the preferred bidder for the construction of Unit 7 at Tuzla coal

Piraeus Bank posts net profit of 14 mln in Q1 from continued operations

Mon, 03 Jun 2019 08:04:00 GMT

a profit of 14 million euros compared to a net profit of 145 million in Q4 2018. The latest results... euros, representing a rise of 2 percent year-on-year (YoY). Asset quality NPEs fell by around 500... and 2 percent YoY. Management noted that 2 billion euros in new loans that were disbursed in the final