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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingitems. In particular, net interest income (NII) was up 4.1 percent QoQ mainly driven by lower.... Following the sharp increase in provisions, the coverage ratio rose to 56.3 percent up from the 53.6... of liquidity, the bank reported a drop in deposits by 1.8 billion euros QoQ to 40.9 billion in Q4
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Tsipras confounds expectations, creates new doubts by reviving coalition
PoliticsGreek Politicsdifference was a surprise, as was the fact that SYRIZA saw its January support drop by less than 1... party falling short of the 3 percent threshold. These upsets immediately opened up the possibility of SYRIZA and Independent Greeks picking up where they had left off a few weeks ago. Tsipras wasted
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Newsletter 52 - 20/11/2015
ballots. On top of that, the three parties have stepped up their criticism of the government. New..., especially given that the first round of New Democracy’s leadership race is coming up on Sunday... percent in September, which was a slightly milder drop than the 18.1 percent drop in August. Over
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Trade deficit soars 21 pct in April for highest rise since Dec 2014
EconomyMacroeconomyGreece’s trade deficit sharply rose by 21 percent in April after a 23.7 percent drop in March... trends in exports, with those to EU countries edging up by 1.3 percent, while those to non-EU countries... surged 57.7 percent with the corresponding imports and exports up by 26.5 and 2.2 percent
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General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln
EconomyMacroeconomybillion remains the highest expenditure figure making up 51.6 percent of total followed by compensation... marginally by 58 million in September, following a drop of 614 million in August and 345 million in July... an increase in SSF and tax refunds’ arrears by 188 and 156 million respectively more than offsetting a drop
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingto loan deleveraging, the NPL ratio edged up to 34.8 percent in Q3 from 34.7 percent in Q2... the NPE mix with retail loans making up 55 percent of total NPEs, the bank said that the retail NPE... 20 percent each to the total NPE cut, while write-offs will make up the remaining 40 percent
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In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBanking. The drop reflects a reduction in participations by 27.44 billion, mostly due to the sale of Finansbank... to a drop in performing loans by 3.2 percent, while net loans contracted at a slower pace of 1.6 percent. In absolute numbers, the NPE stock edged up by 0.4 percent to 108.4 billion euros. The more up
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Newsletter 103 - 20/01/2017
in VAT Tsipras is unlikely to bring up the prospect of snap elections unless he feels he has been put... that this would be a sign that Greece had failed to live up to its commitments. “I would not give... edged up 2.2 percent to 42.22 billion. Meanwhile, interest payments decreased by 14.8 percent
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Newsletter 119 - 19/05/2017
impacted SYRIZA’s ratings. is now in the lenders’ court” after his government lived up to its pledges... that a “tsunami” of investment is lined up to boost the Greek economy. Growth forecast revised downwards Finance... relates to the debt assumptions of the general government bodies, which are now seen at 193 million, up
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General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus edged up by 35 million euros from... by 589 million to 24.04 billion on the back of a drop in transfers and taxes by 1.59 billion and 573... of 5.24 billion makes up 21.7 of the total figure. Arrears Arrears to the private sector (including
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