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Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
EconomyBankingEurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit... and restructuring costs. Net profit was 684 million euros vs. 940.7 million euros in 2022, a drop of 27.3..., while NPE coverage was 73.2 percent. P&L Net interest income in H1 increased by 56.2 percent YoY
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Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
EconomyBankingEurobank posted an adjusted net profit of 916.3 million euros in 9M 2023, compared to a profit... and restructuring costs. Net profit was 980.1 million euros vs. 1.11 billion euros in 2022, a drop... coverage was 75 percent. P&L Net interest income in H1 increased by 55.3 percent YoY and stood at 1.6
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Electricity drives rare rise in Greek industrial production index
EconomyMacroeconomyreadings showed a mid-single digit drop. It is worth noting that the IPI has only had five positive year... and water supply, exhibited a low single-digit decline (0.5 – 2.8 percent). In contrast to December... single-digit figure, 2 and 2.8 percent respectively in 2013. Among the various business sectors
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Newsletter 15 - 13/02/2015
their VAT and single property tax (ENFIA) obligations for February as normal, but to do so.... The new coalition government has stressed that the single property tax will be abolished in 2015... into a single party, under his central command. This culminated in a party congress in the summer
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Greek trade deficit plunges by 24.2 pct in May
EconomyMacroeconomystable (-0.04 percent). The marginal change in exports follows a rise by a mid- to high single digit... a single-digit increase in the preceding two months with the absolute figure in May reaching 3.58... of the 5-month trade deficit components showed mixed trends. Exports to the EU rose by a low single
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammewith one child and even lower to 8,636 euros for a single or taxpayer with no children. Overall, the new..., the most significant single measure relates to an increase in the basic VAT rate from 23 to 24... of a new tax on coffee and electronic cigarettes. In addition, the base of the single property tax (ENFIA
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Newsletter 88 - 16/09/2016
The single property tax (ENFIA) due in 2016 stands at 3.18 billion, 2.2 percent lower than last year’s... of the liability side on banks’ balance sheets. In the Greek case, the single largest liability are corporate... for medium-term NPL resolution, the single largest obstacle that international investors keep
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Are we taking Greeks' devotion to the euro for granted?
Agoraan unshakeable trust in the single currency and the EU, come hell or high water. Because if we cited... of Greeks had a positive view of the single currency, signalling a steady decline from the 66 percent... the possibility of Grexit in the face) to keeping the country in the single currency. However
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Athens grapples with awkward reduction of tax-free threshold
EconomyProgrammewas reduced to 8,636 euros for a single person, to 8,863 and 9,090 euros for a family with one child.... As a result, the tax credit was cut by up to 200 euros and ranged between 1,900 euros (for a single) up...” it is considering should there be a fiscal outperformance include a reduction in the single property tax
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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgrammenoted that the key area of divergence is over the reduction of the single property tax (ENFIA... would like to phase the reductions in over several years but the Fund favours a single cut, creating...-free threshold from its current level of 8,636 euros (for a single person) to around 5,900 euros
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