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Newsletter 3 - 14/11/2014
landing at 1.24 million. The number of employed stood at 3.55 million, 15,700 lower than in July. Youth... in 2013 and this year. In 2013 more than 17.5 million tourists visited Greece, numbers not seen... and services than it did in 2012. While countries in the eurozone’s southern and northern periphery
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Is there (sustainable) growth in Greece?
Agora. In 2013 more than 17.5 million tourists visited Greece, numbers not seen since Athens staged..., Greece exported less products and services than it did in 2012. While countries in the eurozone’s... than domestic consumption, export capacity and investment. There is no silver bullet for Greece’s
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Three investment groups table binding offers for Thessaloniki Port
Economy(OLTH). Binding bids were submitted by the International Container Terminal Services (Philippines... and transferred to PRA. The first offer was from International Container Terminal Services Inc. (ICTSI... container terminals. Its business is the acquisition, development, operation and management
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Privatisation chief sees gradual progress but revenues remain unclear
Economy, which is a month later than the previous HRADF statement in mid-August. Pitsiorlas added that the deadline for the binding bids for Thessaloniki Port (OLTH) would also be extended by more than a month..., namely COSCO (Hong Kong), APM Terminals (Denmark) and International Container Terminal Services (ICTS
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBanking, the bank posted net loss of 1.18 billion euros from 1.22 billion in 2014. Pre-provision income (PPI... of other income to -7.5 million in Q4 from 53.6 million in Q3. Stripping out non-core items, core PPI... funding fell by more than 6 billion QoQ to 25.3 billion at the end of December and further to 24.3
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingfor overall operations. Pre-provision income (PPI) rose by 3 percent quarter-on-quarter (QoQ) to 214 million. When excluding one-off items, namely the bank’s voluntary retirement scheme, PPI fell by 6 percent QoQ. PPI in Q1 2018 stood at 64 million euros. Excluding one-off items, PPI for the same quarter last
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingby 27.8 percent year-on-year (YoY). Piraeus Bank reported pre-provision income (PPI) of 402 million in H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310 million euros. Eurobank reported a YoY drop in PPI of 3.4 percent, bringing the total to 398.6
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Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
EconomyMacroeconomyexpenditure coming in 2 billion lower than target, while revenues beat target by 640 million. The monthly... to 1.04 billion euros, 2.84 billion better than target. Revenues Revenues (before tax refunds) rose... billion euros, 640 million higher than the reported target (including the first ENFIA instalment
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsbe paid out in advance, rather than applicants asking to be reimbursed for heating fuel costs, as had... at the end of 2020. Staikouras argued that a better-than-expected performance on the revenue side... by an average of 22 percent. According to the Finance Ministry, more than 1.1 million taxpayers applied
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Piraeus port privatisation moves a step closer
EconomyBankingcompletion of the sale transaction relates to the amount offered, which has to be higher than... Terminals (Denmark) and International Container Terminal Services (ICTS) from Philippines. However
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