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  1. Eurosystem funding falls by 825 mln in Feb, banknotes in circulation rise by 50 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , the Bank of Greece's (BoG) latest monthly financial statement showed. As of February, the total..., European Central Bank (ECB) funding fell by 628 million to bring the total to 8.91 billion... bulletin as the threshold had now fallen under 2 billion euros. The total elimination of ELA funding

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  2. Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 120 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , the total for central bank funding comes to 8.38 billion versus February's sum of 9.01 billion euros... the publication of its regular ELA-ceiling bulletin as the level had fallen below 2 billion euros. The total... reached its highest level in February 2012, when the total amount stood at 157.09 billion euros. Since

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  3. Banks focus on reducing NPLs linked to property
    Photo by MacroPolis

    EconomyMacroeconomy

    portfolio consisted of around 4,700 properties worth roughly 600 million euros. A total of 101... estate on their books. The bank noted that in 2018, the total for recovered property on their books... for this year, the bank notes that it has a total of 3.9 billion euros-worth of transactions lined up

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  4. Central govt debt falls for first time in six quarters, easing by 1.25 bln to 357.69 bln in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    of total loans accounting for 70.6 percent. The value of FSM loans came to 252.67 billion at the end... showed a decline and came to 19.48 billion, representing 5.4 percent of the total. The breakdown also... billion. The weighted average maturity of the total debt rose to 18.06 years in Q1 from 18.17 years

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  5. Newsletter 208 -31/05/2019

    Newsletters

    on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions... that don't make it into Parliament gain a total of around 8 percent of the vote and that six parties... highest overall fiscal performance with a total surplus at 1.1 percent of GDP, which confirm that Greece

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  6. Current account balance shows surplus of 300.6 mln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    surplus of 0.3 million for the same month in 2018. Total exports of goods in May came to 2.97 billion euros, against 2.86 billion in May last year. Total exports of goods grew by 3.7 percent in current prices. At the same time, total imports reached 5.27 billion euros, from 4.41 billion euros last year

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  7. From a tsunami of debt to some sense of normality
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    Management Agency (PDMA) had a provisional goal of issuing a total of just 7 billion euros of new debt... the total of maturing debt obligations, excluding the T-bills that are rolled over on maturity, at just 11.7 billion euros, which is just 3 percent of total outstanding debt and only 6 percent of GDP

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  8. Building permits increase by 7.4 pct in May

    EconomyMacroeconomy

    in May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total number... of the year, building permits edged down by 0.1 percent. Total permits in the aggregate period stood... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed

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  9. Building permits increase by 4.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    in May, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number... months of the year, building permits rose by 1 percent. Total permits in the aggregate period stood... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed

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  10. Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyBanking

    , from 94.4 billion the previous year. The ratio stood at 45.4 percent of total loans, down from..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1... estate assets with total on-balance sheet gross book value of approximately 1.8 billion euros, code

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