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Newsletter 162 -18/05/2018
to fall on Monday, losing around 9 percent on its closing price on Friday before the press attention
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Greece and creditors reach SLA - legislation of reforms and debt relief talks next
EconomyProgrammethe pieces to fall into place for the completion of the third programme. “The first (part
2% -
March current account deficit at 955.8 mln on improvement in goods balance
EconomyMacroeconomyat 2.84 billion. This was driven by a combined fall in the services surplus (-162.3 million) and secondary
2% -
Growth strategy sets out reform targets, broad policies for post-MoU era
EconomyProgrammeof the employment rate by 7.4 percentage points, causing it to fall to around 14 percent from 21.4 percent
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Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
EconomyMacroeconomytarget by 195 million. The MoF noted that the decline in expenditure was mainly due to a fall in grants
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Overdue social security debt at 31.87 bln in Q1, debtors at 1.2 mln
EconomyMacroeconomyeuros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase
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Deposits stay positive with 870.1 mln inflow in April
EconomyMacroeconomystatement showed that Eurosystem funding fell by 3.26 billion euros in April. The fall across the month
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingstock is anticipated to fall by 34 percent between March 2018 and December 2019
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingfall in as many quarters. In the small business loans sector, NPE formation stood at -55 million
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBankingthe previous quarter’s decline of 700 million. The current quarter’s fall reflects write-offs of 700
2%