Wednesday, May 4, 2016

Υπογράφηκε Πρωτόκολλο Συνεργασίας μεταξύ της Επιτροπής Κεφαλαιαγοράς Ελλάδος, και της Επιτροπής Κεφαλαιαγοράς του Ιράν ..Ε.Κ.

 04/05/2016                                             Δελτίο Τύπου      
                            
                                                 ΠΡΩΤΟΚΟΛΛΟ ΣΥΝΕΡΓΑΣΙΑΣ
                                     ΜΕΤΑΞΥ ΤΩΝ ΕΠΙΤΡΟΠΩΝ ΚΕΦΑΛΑΙΑΓΟΡΑΣ
                                                          ΕΛΛΑΔΟΣ ΚΑΙ ΙΡΑΝ


                           
Υπογράφηκε την Τρίτη, 3 Μαΐου 2016 στην Τεχεράνη (Ιράν) Πρωτόκολλο Συνεργασίας (Memorandum of Understanding) μεταξύ της Επιτροπής Κεφαλαιαγοράς Ελλάδος, εκπροσωπουμένης δια του Προέδρου της καθηγητού Χ. Γκότση, και της Επιτροπής Κεφαλαιαγοράς του Ιράν (Securities and Exchange Organization, SEO), εκπροσωπουμένης δια του Προέδρου της Δρ. M. Fetanat.

Tuesday, May 3, 2016

The capital ratio CET 1 remained unchanged at 12.0% and, as in the same quarter of the previous year, reflects a dividend accrual of 5 cents per share....Commerzbank

3 May 2016                                         Press Release

Commerzbank: Net profit of €163 m in first quarter of 2016 


● Operating profit of €273 m for Group in first quarter (Q1 2015: €670 m) burdened by difficult market environment 
● Good risk profile: low loan loss provisions of €148 m – NPL ratio for non-performing loans very low at 1.5% – further run-down of non-strategic portfolios of €1.0 bn

Industrial producer prices up by 0.3% in euro area ...EUROSTAT

03/05/2016                                          Press Release

March 2016 compared with February 2016 Industrial producer prices up by 0.3% in euro area Up by 0.4% in EU28


In March 2016, compared with February 2016, industrial producer prices rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2016 prices fell by 0.7% in the euro area and by 0.6% in the EU28.

Commission forecasts euro area growth of 1.6% and EU growth of 1.8% in 2016....EU

 Brussels, 3 May 2016                        European Commission - Press release

Spring 2016 Economic Forecast: Staying the course amid high risks

                             
Commission forecasts euro area growth of 1.6% and EU growth of 1.8% in 2016
Economic growth in Europe is expected to remain modest as key trading partners' performance has slowed and some of the so far supportive factors start to wane. As a result, GDP in the euro area is forecast to continue growing at modest rates over the 2015-2017 period. 

Growth in Asia and the Pacific is expected to remain strong at 5.3 percent this year and next, accounting for almost two-thirds of global growth....IMF

May 3, 2016                                      IMF Survey

Asia: Growth Remains Strong, Expected to Ease Only Modestly



Regional economy to expand by 5.3 percent in 2016 despite softening
China slowdown, risks dominate outlook
Policies and reforms needed to boost resilience

As of 2 May, the ECB had purchased EUR 733 billion of securities under its Public Sector Purchase Programme (PSPP). Theoretically, such large-scale asset purchases by the central bank could have either a positive or a negative effect on market liquidity. On the one hand, the willingness of the central bank to purchase assets reduces market risk for potential buyers – that is, the risk that they are unable to sell the assets later on when needed to obtain liquidity...Benoît Cœuré...ECB

Government bond markets in a changing environment
Keynote address by Benoît Cœuré, Member of the Executive Board of the ECB, at the Government Borrowers Forum,  Paris, 3 May 2016

Σταθεροποιητικό άνοιγμα αναμένεται για τις Ευρωπαϊκές αγορές... DAX

Σχόλιο Αγοράς..

Reuters
Οι Οικονομικοί spreadbetter IG αναμένουν ότι ο FTSE 100 της Βρετανίας θα ανοίξει σχεδόν επίπεδος, ο DAX της Γερμανίας θα ανοίξει 17 μονάδες υψηλότερα  ή 0,18%, και ο CAC 40 της Γαλλίας θα ανέβει  10 μονάδες, ή 0,23%, 

DAX futures

Τα futures του DAX... λίγο πριν το άνοιγμα των αγορών κινούνται με κέρδη 0,23% στις 10,122μ.. οριακά πάνω από το σημείο περιστροφής στις 10,068μ..

Monday, May 2, 2016

leading of electronic payments processor in the United States, announced today its expansion to Europe and creation of a new London-headquartered unit, BofA Merrill Lynch Merchant Services (Europe) Limited (BofAML Merchant Services)....

02/05/2016                                             Press Release

Bank of America Merchant Services Expands to Europe with Launch of BofA Merrill Lynch Merchant Services (Europe) Limited

                             

New European Unit in Conjunction With Bank of America Merrill Lynch Will Provide Global Clients Simplified Cross-Border Merchant Services

Η δέσμευση της Ελληνικής Κυβερνήσεως, στο πλαίσιο της πρώτης αξιολογήσεως του προγράμματος για την υιοθέτηση μηχανισμού λήψεως προληπτικών μέτρων περικοπής δαπανών (contingency plan) σε περίπτωση μη επιτεύξεως των δημοσιονομικών στόχων, δύναται να ενδυναμώσει την αξιοπιστία της χώρας στις διεθνείς αγορές....ALPHA BANK

Απόσπασμα από το Εβδομαδιαίο Δελτίο Οικονομικών Εξελίξεων -Διεύθυνση Οικονομικών Μελετών ...ALPHA BANK


Ελληνική Οικονομία

Euro area investors significantly stepped up their purchases of foreign debt securities from mid-2014 – when the ECB embarked on comprehensive credit easing measures – to levels not seen since the outbreak of the global financial crisis...ECB

2 May 2016                                 ECONOMIC BULLETIN

 Rebalancing in euro area portfolio investment flows

This box describes recent developments in the portfolio investment flows of the euro area financial account. During 2015 the euro area’s current account surplus was mainly mirrored by net portfolio investment outflows in the financial account of the balance of payments.

Several times in the past, the ECB faced the risk of inflation remaining high for too long in an environment of expansionary economic policies. Did we wait for other authorities to take measures before raising interest rates? No, and rightly so. Similar considerations apply to the current environment. At present, inflation in the euro area is around 0% and is expected to remain low for a considerable period of time...Benoît Cœuré....ECB

People are not only savers

Contribution from Benoît Cœuré, Member of the Executive Board of the ECB, for the Frankfurter Allgemeine Sonntagszeitung, 1 May 2016


Greece has seen a reduction in health spending of more than a third in real terms since 2009.... research OECD

Health policy in Greece

The health system underwent significant cuts in public spending
Between 2009 and 2013, public spending on health fell by EUR 5.2 billion – representing a 32% drop in real-terms. 

This reduction clearly represents a shock for the system to adsorb, even though it is clear that there were inefficiencies in the Greek system (for example, inappropriate prescribing, weak primary care, imbalances in the mix of health professionals). A whole series of changes to entitlement, benefits and user charges as well as structural reforms have left all sectors of the Greek health system affected.