EUROPEAN CENTRAL BANK

ENGLISH EDITION

The "honeymoon period" for banks' profitability ends

Bank profitability will reach record levels in 2023, but is expected to follow a downturn, a trend that will be reinforced after the reduction of interest rates from mid-2024. Interest expenses tripled in 9 months.

29 Δεκ 2023 11:43

Ευρωπαϊκή Κεντρική Τράπεζα, ΕΚΤ, Ευρωσύστημα

ENGLISH EDITION

Greek government bonds under pressure, market pushes back on inflation

The turmoil in European markets is intensifying today and the pressures are affecting short-term interest rates on the yields of the Greek and Italian government bonds, which have the greatest sensitivity to possible increases in the interest rates of the euro due to their huge debts.

31 Οκτ 2021 09:49

Stocks, Agores, Xrimatistirio, Metoxes, Markets, Synallagma

ENGLISH EDITION

Greece looks at issuing first green bond next year, searches for the right projects

Minister of Finance, Christos Staikouras, said earlier this week that the ministry and PDMA have started looking into creating a framework for issuing green bonds, adding that the first issue will be part of the state’s lending strategy for the next year.

13 Αυγ 2021 16:15

ENGLISH EDITION

How the ECB reached its historical shift on inflation

The great turmoil in the world economy caused by the pandemic, the substantiated argument for the need to redefine strategies and priorities, the catalytic role of Christine Lagarde and the great benefits for the Greek economy.

13 Ιουλ 2021 07:48

ENGLISH EDITION

Greek PM takes charge of new investment supervisory body

Development and Investment Minister Adonis Georgiadis reiterated what was outlined in the European Commission's sixth post-memorandum monitoring report on Greece, regarding the creation of a mechanism to help projects mature, under the supervision of the Prime Minister's Office.

21 Μάιος 2020 14:29

ENGLISH EDITION

No white smoke from ECB on Hercules plan

Despite expectations from government officials that the issue will be soon settled, the SSM has yet to reply to a request from Greek authorities calling for the bonds from the securitized asset to carry a zero risk factor. The ECB understands the position that Greek banks are in but there are mixed views on this in Frankfurt, with some insisting that rules be strictly applied to all.

24 Φεβ 2020 13:36

ENGLISH EDITION

Greek Fin Min Staikouras steps in on Hercules bad loan plan

Greece's Finance Minister Christos Staikouras is scheduled to meet on Thursday afternoon with the heads of the country's banks to discuss the Hercules bad loan plan in a bid to secure the highest participation from lenders and reduce the risk of fresh uncertainty hitting the sector. The meeting comes after a report from Business Daily showing that the technical details of the plan submitted by Greece to the European Commission have not been approved by the European Central Bank's Single Supervisory Mechanism (SSM).

02 Οκτ 2019 11:39

ENGLISH EDITION

New QE programme announced by ECB's Draghi could benefit Greece

European Central Bank (ECB) President Mario Draghi on Thursday appealed to Germany and other EU countries with low public debt to pursue an expansive fiscal policy in order to help boost a slowing European economy and Greece may also benefit from these decision.

12 Σεπ 2019 22:28