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NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
EconomyBanking-performing exposure (NPE) stock went down for a sixth consecutive quarter by roughly 200 million... 33.8 percent in Q2. The NPL coverage ratio inched down to 74.1 percent. NBG’s NPE and NPL coverage... at 2.7 billion. Gross loans contracted further by 500 million euros QoQ to 43.2 billion in Q3 (down
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Office prices slip by 0.7 percent in first half of 2017
EconomyMacroeconomy, down from H2 2016’s figure of 71.2. The current six-month period’s figure is below the historical low of H2 2014, which stood at 70.9. Broken down by area, nominal prime office spaces fell by 1.1... 2010. Year-on-year, the index was down by 1.6 percent. Since the peak of 100.7 in H1 2010
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBanking, unchanged from the previous quarter. Broken down by segment, gross non-performing loan (NPL) formation... in November. ECB funding stood at 3.2 billion in November, down by around 400 million compared to Q2... Equity Tier 1 (CET1) ratio stood at 17.8 percent, down by 9 bps QoQ. This was the result of lower
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Newsletter 143
is in danger of losing their home. Looking forward, a eurozone official also played down... and dropped by 2.2 percent YoY, taking final consumption expenditure down by 0.1 percent QoQ and 1... the target of 99.9 billion. NPL stock was down against the target by 89 million. The NPE ratio stood
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Unemployment rate at 20.7 pct in October, previous month revised upwards
EconomyMacroeconomy. The unemployment rate for men was 17 percent, down also by 2.5 pp year-on-year. Broken down by age group... percent. Broken down on a regional basis, Epirus and West Macedonia still show the highest unemployment
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Budget primary surplus at 1.97 bln in 2017 on strong underspend
EconomyMacroeconomyof 2017, down by 29.2 percent against the figure for 2016 which stood at 2.78 billion, the Finance... at 48.83 billion euros and were above the target by 110 million euros. Broken down on a monthly..., tax refunds came to 518 million, down by 11 percent compared to the same time last year. Expenditure
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Travel balance for nine-month period shows surplus of 11.57 bln
EconomyMacroeconomyby 8.6 percent to 692 million. Reasons for travel Breaking revenues down by purpose of trip... down by 7.9 percent to 395.4 million euros. The overall number of visitors also fell by 10.3 percent... arrivals were down drastically (-21 percent) to 2,685. Record year It was reported on Thursday
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Newsletter 147 -19/01/2018
Zouraris, who stepped down as deputy education minister following controversial comments about certain football clubs and fans. Monday's Eurogroup is expected to bring down the curtain on the third... balance recorded a surplus of 1.97 billion euros across the full 12 months of 2017, down by 29.2 percent
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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomymonths of 2017, down by 30.1 percent against the figure for 2016 which stood at 2.78 billion... the target by 259 million euros. Broken down on a monthly basis, the primary balance for December.... On a monthly basis, tax refunds came to 518 million, down by 11 percent compared to the same time last
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Credit contraction remains at 0.9 pct in December
EconomyMacroeconomy. Deductions in the household lending segment came to 150.6 million in December, down from November’s figure of 140.4 million, which led the balance to edge down to 82.31 billion. Driven by the net... years, with the loan balance down by more than a quarter on the back of continued deleveraging. Net
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