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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
EconomyThe Greek equity market moved sideways this week, ending almost flat (-0.1 percent), while trading volumes were softer than the previous week. The ESM decision to freeze the implementation of short... on Friday virtually flat from the end of the previous week. Overall, Greek stocks have gained 4.5 percent
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingreturning to normal levels. Costs were also down by 4 percent year-on-year (YoY) reflecting a 5... and were flat YoY as external economic environment conditions remained challenging, the bank noted... for the whole year. Balance Sheet Eurosystem funding fell by 5.4 billion QoQ to 15.5 billion in Q1
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Newsletter 49 - 30/10/2015
Three pending issues Government and quadriga have yet to agree on some prior actions After the three-day trip by the quadriga mission chiefs to Athens on October 21–23, the first visit since... (increasing by 25,000 euros for each child) and with an annual income up to 35,000 euros. The quadriga has
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Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankingmillion euros from 41.1 million in the previous quarter. For the whole year, the bank recorded net profits of 42.1 million versus losses of 1.37 billion a year ago dragged down by huge impairment... remained almost stable QoQ at 97 million. Although, the NPE stock stayed flat at 32.4 billion, the NPE
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Newsletter 305 - 16/07/2021
increasing by 124.5 percent year-on-year (YoY) in April after an increase of 42.9 percent in March... last year, the pandemic overall hasn’t damped what has been a sustained recovery in a sector... months of the year, building permits rose by 35.6 percent. Total permits in the aggregate period
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgrammerespectively. The GDP rebound this year reflects an increase in private consumption by 1.3 percent... in employment by 1–1.8 percent each year in 2017-2021 will drive the unemployment rate lower from 23.5...) of GDP thereafter. Specifically, the primary surplus this year is seen at 1.9 percent of GDP (3.45
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High unemployment, falling wages damaged sustainability of largest Greek pension fund
EconomyMacroeconomybut grew to 2.21 million at the end of 2014. The total amount of wages contracted in each year... rose year on year in 2014 for the first time during the crisis years by 380 million euros to 22.85... 46,000 in that year. The reduction in the minimum wage in 2012 as well as the shift towards more flexible
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Mitsotakis pledges more benefits, new faces as election build-up intensifies
PoliticsGreek Politicssocial dividend that is being paid out from this year’s excess surplus. As of Friday, total of 675... of renewal and preparing for next year’s elections, which many expect to be held before... exchanged the name settlement in return for the institutions allowing him to scrap next year’s pension
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Newsletter 512 - 10/07/2026
a prominent role in developments in the trade balance this year as the deficit in May dropped by 15.7 pct year-on-year (YoY) to 1.96 billion euros. Exports were 5.07 billion euros, rising sharply by 20.9 pct... will rest on five pillars: tackling tax evasion and avoidance; changes to the taxation of very high
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China-EU: Navigating an increasingly complex relationship
Agora. However, the EU’s trade deficit rose to a whopping €400 billion last year, which shows... Qiang noted China's objections to the “politicisation of economic and trade issues”, and expressed
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