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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBankingthe bank’s 2020 target for 5 billion euros in new loan origination. CoCos In advance of the 9M results
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Credit growth continues with 2.5 pct increase in Oct
EconomyMacroeconomyto slight inflows of 5 million a month ago. This led the overall balance for the month to stand at 14.95
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Newsletter 275 -27/11/2020
coming short of 5 pct, at 4.8 pct, from 7.5 pct anticipated back in October. The funds from the Recovery
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Apartment prices rise by 3.2 pct in Q3
EconomyMacroeconomyin 2018. Apartments over 5 years old saw prices increase by 6.9 in 2019, against a rise of 1.7
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomy5 billion in 2020 and 12 billion over the 2022-25 period, which includes the 15.7 billion
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Govt struggling to keep coronavirus threat at bay
PoliticsGreek Politics, with centre-left KINAL remaining in third place on 5 pct. The opinion poll also indicates that 32 pct
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GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
EconomyMacroeconomyanticipated. For next year, growth has been trimmed significantly, now coming short of 5 pct, at 4.8 percent
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BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
Economyand 5 pct, whereas the adverse scenario has more modest growth in 2021 of 3.2 pct and 4.5 pct in 2022
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Greeks see corruption as rife, going unpunished in new survey
Societyprocurement sector (48 percent) and mass media (42 percent). Only 5 percent of respondents felt
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Budget passed as govt pins hopes on vaccine rollout to get economy on track
PoliticsGreek Politicsto Greeks. Greece is due to receive 5 million doses of the Pfizer vaccine and 3.5 million of the jab
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