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  1. Newsletter 315 - 05/11/2021

    Newsletters

    to be seen to be taking back freedoms from the vaccinated. The official government line has been to put... that the package put together to ride out the energy hikes storm until the end of the year... Ministry submitted the draft budget, it hoped that the macro and fiscal landscapes would have stabilised

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  2. New asylum law comes up against old failings
    Photo by MacroPolis

    Agora

    it wants to put in place. “That won’t work,” the head of the ESI, Gerald Knaus told Kathimerini recently... recently put the migration issue under the authority of the Citizens’ Protection Ministry. The move... necessary, the likelihood is that Greece will put together a poor imitation. This means

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  3. Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB

    EconomyBanking

    that arose from the CA. Alpha Bank Alpha posted a pre-provision income (PPI) of 281.7 million for Q3... on the back of lower deposit cost, leading core PPI (excluding one-off items) up 1.1 percent QoQ... percent in Q2 from 104 percent in Q1 and 95 percent at the end of 2014. PPI significantly improved

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  4. Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
    Photo by MacroPolis

    EconomyBanking

    , the bank posted net loss of 1.18 billion euros from 1.22 billion in 2014. Pre-provision income (PPI... of other income to -7.5 million in Q4 from 53.6 million in Q3. Stripping out non-core items, core PPI..., noting it estimates the bank to become profitable mainly on the back of mid-teen PPI growth, cost

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  5. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    in Q2 from 2.2 million in Q1, while core pre-provision income (PPI) slipped 0.5 percent quarter... million in Q2 from 60.2 million in the previous quarter. Core PPI improved by 5.8 percent QoQ to 387.7... PPI rebounded 10 percent QoQ, while loan provisions soared 32 percent to 208 million. Piraeus Bank

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  6. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    for overall operations. Pre-provision income (PPI) rose by 3 percent quarter-on-quarter (QoQ) to 214 million. When excluding one-off items, namely the bank’s voluntary retirement scheme, PPI fell by 6 percent QoQ. PPI in Q1 2018 stood at 64 million euros. Excluding one-off items, PPI for the same quarter last

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  7. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    income (PPI) declined by 12 percent quarter-on-quarter (QoQ) to 188 million. When excluding one-off items, specifically the bank’s voluntary retirement scheme, PPI fell by 5 percent QoQ. PPI in Q2 2018 stood at 196 million euros. Excluding one-off items, PPI for the same quarter last year remained

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  8. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    by 27.8 percent year-on-year (YoY). Piraeus Bank reported pre-provision income (PPI) of 402 million in H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310 million euros. Eurobank reported a YoY drop in PPI of 3.4 percent, bringing the total to 398.6

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  9. Eurobank net profits at 56.8 mln in Q1
    Image via www.eurobank.gr

    EconomyBanking

    -provision profit (PPI) edged down by 0.7 percent quarter-on-quarter (QoQ) to 211.5 million euros from 213.1 million in Q4 2019. Year-on-year (YoY), PPI rose by 10.3 percent. Asset quality The non... billion. Covid-19 The bank did not expect its core PPI to differ substantially in its revised performance

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  10. Merkel backing for name deal overshadowed by coalition leaders' crucial talks
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    issues and expressed her surprise at having to comment on such claims. She added that she would put... will put an end to Greece’s neighbour being referred to simply as “Macedonia” by most of the world... straight after his meeting with Kammenos to put in motion the process for a confidence vote. His actions

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