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  1. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    Greek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank....[Link to chart - Loans, Total, Balance, Year on Year] The segmental breakdown showed corporate lending... euros with deductions increasing to 47 million in December to a total of 167 million for the whole year

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  2. Current account deficit rises to almost 2 bln in Jan, highest since 2011
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of nearly 2 billion euros in January, from 1.71... euros, compared to a deficit of 1.58 billion euros in the same month last year. Total imports came to 6.35 billion euros, from 4.02 billion last year. At the same time, total exports came to 3.31 billion

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  3. Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 2 billion euros in May, from 1.62 billion euros..., compared to a deficit of 1.82 billion euros in the same month last year. Total imports came to 7.95 billion euros, from 4.97 billion last year. At the same time, total exports came to 4.71 billion

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  4. Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln
    Photo by MacroPolis

    EconomyBanking

    , unchanged from fiscal year 2022. P&L Net interest income (NII) came to 2 billion euros in 2023, while net fee income was 547 million euros. Net trading income was 63 million euros. Total operating... The fully loaded CET1 ratio at the end of 2023 was 13.3 percent, while the total capital ratio was at 18.2

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  5. Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    will also be available for up to 700,000 self-employed and freelancers, or 75 pct of total non-salaried... workers in total for 45 days. He added that the addition of more types of activities, or tax codes.... This means that the total cost of these measures for March and April will reach 5.1 billion euros. However

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  6. Marginal net losses of 2 mln for Alpha in Q1
    Photo by MacroPolis

    EconomyBanking

    in March entailing a liquidity buffer of 3.1 billion. In more detail, from the total ELA collateral pool of 22.8 billion, the majority (15.3 billion) relates to loans, 3.5 billion to pillar II bonds, 2

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  7. PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment

    EconomyMacroeconomy

    Greece’s Manufacturing PMI rose by 2 points to 50.4 in June from 48.4 in May, Markit’s monthly survey showed on Friday. The headline figure for June represents an expansion, albeit marginal... reduction of backlogs but the rate of drop was the slowest so far this year. However, total new orders

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  8. Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018

    EconomyProgramme

    are expected to bring in over 2 billion euros over the next few years. DEPA In early June, Energy... its stake, the government could then add up to 14 percent of its own stake to bring the total offer

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  9. OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    upped its 2024 growth forecast to 2 pct, from 1.6 pct in the previous estimate, although... of years, it is seen growing to more than 15 pct of GDP by 2025. In 2024, total domestic demand is seen

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  10. Industrial turnover grows by 5.7 pct YoY in Dec - 2024 rise at 2 pct

    EconomyMacroeconomy

    2024, the industrial turnover was up by 2 percent. Manufacturing revenue was up by 5.5 percent..., industrial turnover in the total market increased by 4.3 percent, led by increases of 4.1 percent

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