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  1. Building permits drop by 10.2 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total number of permits came to 853, falling below the 1,000-permit mark for the first time in 10... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than

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  2. Building permits drop by 5.1 pct in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    . The latest monthly headline figure is the third consecutive drop in as many months. The total number... permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total...) of the year and by 1.5 percent in 2018 compared to an average price contraction of 1 percent in 2017

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  3. Apartment prices up by 4 pct in Q1 for highest increase since 2007

    EconomyMacroeconomy

    , property prices rose by 1.5 percent compared to an average price contraction of 1 percent in 2017... Authority (ELSTAT) data showed. The total number of permits in February came to 955, improving from... increased by 21.8 percent. At 15,325 permits, the total for 2018 surpassed the total for 2017 by 1,478

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  4. Piraeus Bank issues Tier II bond to strong demand
    Image via www.piraeusbank.gr

    EconomyBanking

    euros on Wednesday. In total, bids of over 850 million euros were submitted. On its website, the bank... of increasing Piraeus Bank’s total capital ratio by around 90 bps. The issue has been rated Caa3 by Moody’s and CCC by S&P. Bids landed at over twice the asking amount, with a total of 135 investors

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  5. Card usage gains traction with debit cards leading the way, BoG finds

    EconomyBanking

    to the latest data, the total number of active payment cards in circulation at the end of 2018 came to 17 million, recording a rise of 1 percent year-on-year (YoY) versus 2017. The majority of these cards... that in 2018, a total of 924 million card transactions took place, an increase of 28 percent YoY

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  6. Building permits increase by 27 pct in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in July, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The total number... permits rose by 7.4 percent. Total permits in the aggregate period stood at 10,420. Surface area... the economic crisis hit and the construction downturn began. Total permits for 2018 beat the total for 2017

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  7. Eurobank net profits at 256.7 mln in 2019
    Image via www.eurobank.gr

    EconomyBanking

    . The application related to two of the bank’s three securitisations under the code name Cairo, with a total... on senior notes to the value of 1.6 billion in total. The portfolio consists of three different... estate portfolio as of Q4, valued around 700 million euros. In 2019, a total of 3,120 property auctions

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  8. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    (NII) in Q1 reached 360 million, flat year-on-year (YoY) and up by 1 percent lower quarter... million euros versus 363 million euros in Q4 2019. A total of 1.5 billion in new loans were disbursed... was 13.2 percent and total capital ratio at 15.2 percent. Management noted that the loss making result

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  9. Current account shows surplus of 79.7 mln in August
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    by 73.3 percent. A total of 2.73 billion euros are missing in tourism revenues for the month of August according to these figures. Travel payments came to 54.1 million, also down 76.6 percent. Total... percent YoY. At the same time, total exports reached 2.02 billion euros, a fall of 13.5 percent YoY

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  10. Newsletter 460 - 02/05/2025

    Newsletters

    will create around 1.5 billion euros in extra fiscal space, on top of an already estimated 1 billion... 13.5 of the total. The projected results put ND at 29 pct, closer to the party’s own notional..., the majority of those agreeing with the direction (53 pct and 50 pct of the total respectively) said

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