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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankinginto a slight profit of 2 million euros in 2017, compared to profits of 37 million in 2016. The bank noted... million euros bringing the stock to 32.9 billion in Q4 2017. Across the year, NPEs were reduced by 3... percent to 1.67 billion. Net fee and commission income fell QoQ by 2 percent (87 million versus 89
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Newsletter 262 -04/09/2020
was not as dramatic. In 2008, Greece was spending 3 pct of its GDP on defence. In 2018, this stood at 2 pct, which was still in line with the level agreed by NATO member states in 2014. Even at 2 pct, spending... and pushing to 2021 around 1.5 to 2 billion euros of deferred tax and social security payments
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Early rounds of talks with lenders focus on possible prior actions
EconomyProgrammeimposed in 2012 were unconstitutional. 2) Changes in early retirement with the retirement ages to 62... studies. 3) Abolition of tax breaks for farmers, including the reduction by 50 percent of the subsidy... in the national health system (ESY). Media reports also indicate that recession may reach 3 percent this year
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SYRIZA and New Democracy neck-and-neck as post-election scenarios become clearer
PoliticsGreek Politicscoalition partner Independent Greeks will not pass the 3 percent threshold to enter Parliament. Alco... Cent Union 3.6 Undecided 14 #Greece — MacroPolis (@MacroPolis_gr) September 2, 2015 Pulse poll for Action 24 SYRIZA 27.5% ΝD 26.5 G Dawn 6.5 Potami 5.5 ΚΚΕ 5.5 PASOK 5.5 Popular Unity 4.5 Cent Union 3
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NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingof 2.1 billion euros and write offs of 3.4 billion euros, of which 2 billion went on to be sold... negative formation of 3 million euros in mortgages was also noted. With the results of Q2, the bank has... peers. Management noted the disposal of 2 billion euros in unsecured retail NPLs at a consideration
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Newsletter 30 - 12/06/2015
of June. Since the ELA liquidity buffer for Greek banks has remained stable at 3 billion over the past 6... six readings have all been above the 2 percent- mark. There was a 12.1 percent MoM drop in clothing.... The last six readings have all been above the 2 percent- mark 2 Government stretches to limit Questions
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First review completed but more prior actions lie ahead for Greece
EconomyProgramme, the fund’s internal regulation has to be completed by the same date. 2) A second set of state-controlled companies has to be transferred to the new privatisation and investment fund. 3) Ratification... should also adjust the quantities for auctions. 2) New framework for the distribution of the special
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The allocation of labor resources in Greece and the EU-27
Agora.[2] By contrast, labour allocation in the private sector has seen quite a different trajectory... are highlighted in Figure 2. Figure 2 shows the underlying trend lines only, to avoid the up-and-down stories... driving this process is the political system. This leads us to Figure 3 (above). Figure 3 shows which
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Public sector capital stock in Greece and the Euro-19
Agoracapital stock have been done for OECD countries and a number of emerging and developing countries.[2... between 40-60 percent of real GDP.[3] Some countries have higher calculated capital stocks, which... capital stock in real terms. Figure 2 shows the results for the balance sheet of a net nominal
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Where is Odysseus? Part 6 - Potential real GDP
Agoraby the Greek government.[2] Our more-modest real GDP outlook for the long run is quite below that of the EU... growth of 0.6 percent a year in the 2022 calculations[3], compares with a potential real GDP growth... productivity improvements must be pushed up mathematically, even to over 2 percent a year around the 2040s
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