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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBankingcoming to 10.6 billion. P&L Net interest income (ΝΙΙ) fell by 1 percent QoQ to 274 million. In 9M, NII... (73 percent in Q2) and 72 percent at the group level. Fee income rose by 1 percent QoQ to 49 million... Equity Tier 1 (CET1) ratio stood at 16.4 percent in Q3 from 16.2 percent in Q2, which incorporates
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EU elections in Greece: Applying a different scale of values
Agoratold the House of Commons in November 1940 during his valediction of Neville Chamberlain. The irony.... He said he would instead implement a 1:1 hiring ratio. Three months later, at New Democracy’s party... impact at around 1 billion euros, while the institutions reportedly think it is closer to 1.5 billion
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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politics,” he said. “Mr Mitsotakis insists on talking about the need to adopt a 1:5 hiring rule, while we have managed to secure a 1:1 ratio,” he said. Tsipras concluded with a warning that Greece has..., the new criminal procedure and penal codes tabled in the House. However, SYRIZA ran into problems
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Newsletter 216 -26/07/2019
10, when the House will close for 10 days for the summer recess. All in all, the conservatives want... percent for properties ranging from 80,000 to 1 million, which relates to 1.5 million middle class taxpayers, and 10 percent for the 14,706 people who own property worth more than 1 million euros
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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomythat house prices increased by 1.7 percent in 2018, compared to an average price contraction of 1... compared to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price... on average by 2.7 percent in Athens and by 1 percent in Thessaloniki. In other cities, prices rose
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek PoliticsJuly 1 next year. Mitsotakis said the aim is to bring them down by 1 percentage point by the end... two years should be to enhance our bilateral trade from 650 million dollars in 2018-19 to 1 billion... is sent to the House. This capped off what was seen as a politically moderate appearance by Mitsotakis
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Newsletter 232 -13/12/2019
pct+1 of the junior notes have been sold to private investors and a satisfactory level... than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior notes, with the aim... from an increase of 7.7 percent in Q2. According to the revised data, on average, house prices
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Polls indicated support for two main parties growing as start of elections marathon looms
PoliticsGreek PoliticsIt is widely believed that there are just two weeks of parliamentary activity left before the House... in the current iteration, when only valid ballots are factored in. SYRIZA’s backing has risen by 1... of the vote as its support dipped by almost 1 point to 9.8 pct. The undecided voters stand at 12.4 pct
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No green light from troika yet as Greece moves towards bailout extension
EconomyProgrammeThe troika sent early on Wednesday a response to the measures proposed by Greece with the aim of securing the return of inspectors to Athens and a conclusion to the prolonged programme review. Greece’s lenders reportedly requested further clarifications...
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Institutions, Athens start new round of review talks as e-auctions get green light
EconomyProgrammeTalks between the institutions and the Greek government are due to resume on Tuesday with hopes of a staff-level agreement (SLA) being reached by the end of the year growing after notaries decided to end their strike so that electronic auctions can star...
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