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Greek stocks drop 1.5 pct during week, banks post losses of 7.7 pct
EconomyThe Greek equity market edged down 1.5 percent this week, amid lack of investor interest, after..., Greek stocks are down 10.4 percent. Bank shares stayed in negative territory in most sessions, ending the week down 7.7 percent almost offsetting the gains of 8.3 percent posted in the previous week
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Another spin of the wheel for Greece
Agoracelebrations were to include this attraction. It went up amid much fanfare, only to come down a few days later... between now and 2060) and not to discuss medium- or long-term steps to bring down the country’s debt... to the outcome of negotiations between Athens and the institutions. Unemployment has also edged down, dropping
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Newsletter 108 - 24/02/2017
, but reports have suggested that this may drop to around 1.5 percent of GDP, bringing the total down... receipts fell by 6.4 percent to 13.22 billion, while the corresponding payments edged down 1.4 percent..., may be lowered below the 6,000-euros mark, entailing cutting the tax credit down to 1,300 euros
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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBanking(-3.7 million) from huge losses of 1.86 billion euros in 2015 dragged down by extended impairment... the NPE stock down to 36.2 billion from 36.7 billion in Q3. Furthermore, the NPE ratio edged down... down 0.5 percent QoQ to 453.2 million in Q4 as the positive impact from the lower funding cost
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingin Greece fell for ten straight quarters and edged down by 400 million euros QoQ to 21.3 billion, driven..., leading to a negative gross formation of around -380 million euros. Broken down by sector, NPE...) in Greece came to 13.9 billion euros in Q2, down by around 300 million QoQ compared to 14.2 billion euros
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Newsletter 256 -03/07/2020
to make up for reduced takings or having to shut down temporarily to avoid making big losses.... The BoG notes that the Greek economy was already slowing down from the first quarter of the year when... continuing their downward trajectory in the first quarter of the year at roughly 61 billion euros, down
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Newsletter 288 - 12/03/2021
that much of the violence was down to football hooligans. Amid this tense atmosphere, Prime Minister... of a restructuring that will bring down its bad loans ratio to a level approaching the European... and a deferred tax asset write down also of 160 million euros. Adjusted for one-offs, Eurobank said
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Impact of pandemic, lockdowns reflected in lower household spending during 2020
Societywas seen in clothing and footwear, which shrank by 64.3 pct, closely followed by durables down by 62.7 pct. Recreation and culture follow with a drop of 54.5 pct and restaurants, cafes and hotels down... access to certain types of spending as certain activities were shut down during the lockdown in April
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Economic sentiment sees marginal recovery in Aug as most sectors face challenging conditions
EconomyMacroeconomyfrom the previous month. The euro area’s ESI was 97.6 points, down by 1.3 points from July...) fell sharply in August by 9.6 points and came to 102.6. The EEI is down by 9.4 points in the rolling... -0.2 in July. Since September last year, industry confidence is down by 3.7 points. The services index
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Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
EconomyMacroeconomysharply by 3.5 points from the previous month. The euro area’s ESI was 93.7 points, down by 3.6... is down by circa 11 points from the -39.8 of October last year. The Employment Expectations Indicator (EEI) improved by 1.8 points month-on-month to 104.3 points. The EEI is down by 13.6 points
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