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Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept
EconomyMacroeconomyin the first 9 months of 2015 from 2.76 billion last year, Bank of Greece (BoG) figures showed on Monday... displaying a deficit of 2.5 billion, up 12.9 percent. The central government figures provided by BoG... into consideration other accounting adjustments, BoG and MoF figures are not directly comparable
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Current account deficit widens to 412 mln in May
EconomyMacroeconomymillion last year, Bank of Greece (BoG) figures displayed on Thursday. The year on year deterioration... landed at 3.4 and 2.02 billion euros respectively. BoG noted that the improvement in the goods... year to positive this May. Moreover, BoG said that the drop in exports is largely due to a decrease
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Bank of Greece report overviews lenders' profitability, urges drastic NPL management
EconomyBankingThe Bank of Greece (BoG) published on Tuesday an overview of the Greek financial sector, providing..., while consumer NPEs increased at a slower pace of 7 percent. Overall, BoG figures showed that 54.7...), manufacturing (51.7 percent) and trade (48.5 percent). The BoG said that the NPE ratio further edged up
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Newsletter 84 - 29/07/2016
in the wake of the newly eased capital controls. On Tuesday the central Bank of Greece (BoG) published... profits of around 31 billion. The BoG also said that the non-performing exposure (NPE) ratio further... and loan adjustments at fair value, while the NPE stock remained at 2015 levels. The BoG urged banks
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Lower bad loan provisions and increased write-offs for Greek banks in Q2
Economy, the aggregate balance-sheet figures published by the Bank of Greece (BoG) provide some colour... relate to the banks’ parent data, which mainly incorporate their operations in the domestic market. BoG.... The latest BoG figures on loan quality displayed the non-performing exposure (NPE) ratio edged up
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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingthe Bank of Greece (BoG) rejected the nominations for the top positions, including the chairman and CEO... of the provisions that resulted from the Asset Quality Review (AQR) that was conducted by BoG in October 2015... and 1.02 billion in the adverse scenario. Following a capital plan submitted by the bank to BoG, its
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Newsletter 88 - 16/09/2016
of Greece (BoG) said on Wednesday. The monthly drop reflects a downward movement in both emergency... as an option in NPL resolution concerns the possibility that the Bank of Greece (BoG) could buy... in the Greek NPE case. That requires seeking changes in the technical workings of such a BoG purchasing
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The key elements of the draft agreement between Greece and lenders
EconomyProgrammecontrols. In specific, the draft stresses that starting from December 2016 the Bank of Greece (BoG..., MoF and BoG will have to publish a roadmap for the relaxation of capital controls outlining... (NPLs), BoG and the Hellenic Financial Stability Fund (HFSF) will have to identify by February 2017
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Current account balance turns to deficit of 198 mln in Oct
EconomyMacroeconomyfrom surplus of 264.8 million in the corresponding period last year, Bank of Greece (BoG) figures... to 3.56 billion, while exports also increased by 4.6 percent to 2.24 billion. BoG added... surplus up by 18.5 percent to 846.1 million. The BoG also said that the deterioration in the primary
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Newsletter 109 - 03/03/2017
requirements. In its annual report, the Bank of Greece (BoG) provided details on the return... billion in January after seasonally high inflows of 2.8 billion in December, BoG figures revealed... corporations negative flow stood at 760 million. BoG figures also showed sight and savings’ deposits posted
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