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Bank of Greece report overviews lenders' profitability, urges drastic NPL management
EconomyBankingbillion at the end of 2010. Over this period, net loans dropped by 121.7 billion to 185.1 billion... have been restructured with net loans now making up 53.5 percent of assets from two-thirds in 2010
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Greek stocks remain flat during week, banks underperform
Economynet profits fell by 41.3 percent to 3.2 million in the first half (H1) of 2016, with revenues... from last year. Titan posted a sharp drop in H1 net profit of 62 percent to 9.2 million mainly
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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomy. It represents a drop by 950 million from the July 2015 figure. In addition, the reported net balance... in the 7-month period with net revenues up 4.6 percent and expenditure edging 2.3 percent up. It is worth noting
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Greek stocks down 2.6 pct on week, banks underperform for fifth straight week
Economyin July. The Labour Ministry’s information system (Ergani) data displayed net hirings reached 19,281 in July, which is the highest reading since 2001. In addition, net hirings for the 7-month period stood
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Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
EconomyMacroeconomythe previous month to 200.54 billion, which is the lowest figure since July 2007. Meanwhile, the net additions of 479 million euros in June turned to net deductions of 638 million in July, the highest
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Greek stocks edge down 1.3 pct during week, banks perform poorly again
Economyin first-half (H1) net profits to 97.4 million from 73.2 million a year ago, with turnover up 9.8... results on Friday wjich showed net losses narrowed to 18.2 million from 21.2 million last year
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Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
EconomyMacroeconomyJuly 2007. Net deductions notably rose to 904 million in August, from 630 million in July, which... deductions of 609 million, which are the highest since May 2014. As a result, the net lending flow
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Greek stocks on the rise again, end week 2.1 pct up
Economyeuro sub-tranche are subject to a positive assessment by the institutions of the net arrears clearance... reported on Monday its 2015/2016 financial results, which showed net profits rose by 15.7 percent
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Stocks rebound 1.5 pct during week, banks climb 4.6 pct
Economyquarter (Q3) net profits to 78.3 million euros with turnover improving by 2.7 percent to almost 1 billion, while EBITDA fell by 4.5 percent to 335.3 million. Hellenic Petroleum’s Q3 net profits more than
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Greek stocks climb 4.3 pct on week, banks’ strong performance continues
Economy9-month net profits stood at 34.6 million from losses of 2.2 million a year ago with sales... posted a drop of 11.2 percent in 9-month net profits to 14.3 million. Its turnover rose by 9.7 percent
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