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Newsletter 30 - 12/06/2015
stemmed from time deposits, while sight and savings recorded outflows of 2.9 and 1 billion..., National and Piraeus can access additional liquidity of 12 billion each, while Eurobank and Alpha’s figures stand at 8 and 6.2 billion, respectively. It is noteworthy that these numbers take
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Newsletter 32 - 26/06/2015
revenues of 1 percent of GDP (1.8 billion euros) on an annual basis, while Greece sees them at 0.93... 1 July along with the other VAT The lenders’ proposals will burden Greek shipping and tourism... parties agree on permanent savings of 0.25–0.5 percent of GDP in 2015 and 1 percent on a full year basis
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomyrelate to loans with fixed maturity. In particular: 1) Sharp rise by 89 bps to 5.83 percent for amounts above 250,000 and below 1 million euros. 2) Significant drop by 58 bps to 3.94 percent for amounts above 1 million euros. The July rate indicates the lowest reading since June 2010. Greek corporate
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NOME auctions as a mechanism to strengthen competition in the Greek electricity market
Legalof that said Law, as amended by para. 1 of Article 3 of Law no.4393/2016, establishes the sales... must be placed (namely article 135 para.2 Law. 4389/2016, as amended by article 3 para 1 of law... 2015 PPC's reduction rates in the retail market of the interconnected system (8 percent for year
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Newsletter 94 - 04/11/2016
the tax credit to 1,600 euros (from its current 1,900 euros) with estimated savings of 1 billion euros... of around 1.8 billion in the last three months, the backlog has decreased by 1 billion, indicating... 20 months. Household deposit rate falls Greek households’ new time deposit rate fell by 8 basis
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NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
EconomyBankingnegative formation of 116 million in corporate loans, -20 million in consumer loans, and -12 million...-on-year in Greece and by 8 percent for the group. Cost containment largely reflects the continuing... (ELA) funding from 3.8 billion in June to 2.3 billion in September. At 1 billion euros in October, NBG
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingloans. On an annual basis, NII declined by 8 percent against the figure for the same period last year... by 9.1 percent QoQ to 267.8 million, declining by 1 percent YoY. The cost to income ratio came... by 1 billion QoQ to 35.9 billion at the end of Q1, increasing by 2.8 billion YoY. On a domestic
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBankingmillion in corporate loans, -12 million in small business loans and -7 million in consumer loans... a negative formation in corporate loans (-84 million), and small business loans (-8 million euros... another package of non-performing loans of small enterprises, totalling roughly 1 billion euros, which
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Newsletter 186 -07/12/2018
in coming years Greece’s seasonally adjusted (SA) GDP grew by 1 percent quarter-on-quarter (QoQ... that exports of goods rose by 7.9 percent YoY. Services exports rose by 8 percent. Imports of goods... and a stable tax rate for 12 years from the implementation of the investment plan, as well
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingin the first quarter (Q1) of 2019, gaining on the profits of 8 million euros reported in Q4... (-29 million euros) and consumer loans (-1 million). This led the group NPL ratio to stand at 28.2... million in Q4 and 12 million euros in Q1 2018. Operating expenses fell by 6 percent QoQ to stand
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