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NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
EconomyBanking(ELA) funding. The Common Equity Tier 1 (CET1) ratio remained almost stable QoQ at 9.6 percent... of around 1 billion and sale of 100 percent of Finansbank. However, since the completion
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CPI drops at decelerating pace of 0.9 pct in Oct
EconomyMacroeconomyinflation is expected to resume as of 2016. In specific, HICP is seen dropping by 0.4 to 1 percent in 2015 and increasing by 0.7 to 1 percent in 2016, whilst a slight slower rise of 0.5 to 0.7 percent
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New tax arrears rise by 832 mln in Oct to total of 10.38 bln in 2015
Economyof the August figure by more than 1 billion euros to 1.67 billion from 645 million before. A smaller..., which improved to 9.5 million euros in October from just 1 million in September. As a result
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Central gov’t debt rises to 314.6 bln in Q3 on eurozone tranche and GGB redemptions
Economythe remaining 21 percent is almost equally split between short-term (up to 1 year) and medium-term (1
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomyincome tax fell by 1 percent to 922 million. Total ENFIA revenues are targeted at 2.65 billion euros... that remain proportionally well below targets. These mainly involve: 1) Grants to Manpower
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Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
EconomyMacroeconomychange was the rise in the interest rate on loans for amounts above 1 million by 45 bps to 5.12 percent... between 250,000 and 1 million euros. As a result, corporate lending rates in Greece stayed 250-350
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Weak banks drag Greek stocks down by 6.5 pct during week
Economyof milestones by December 11 to unlock the next sub-tranche of 1 billion euros. In the meantime... completed, while Piraeus also received the state aid of 2.7 billion on December 1. The Athens Stock Exchange
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Deflation slows to 0.7 pct in Nov
EconomyMacroeconomyrepresents the lowest negative reading since August 2014 and the second successive reading below -1... with CPI seen rising by around 0.5 to 1 percent in 2016, according to the latest European Commission, OECD
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SYRIZA fails to make any friends with new public sector wage grid
PoliticsGreek Politicsof the multi-bill of prior actions that Greece has to pass in order to receive the next 1 billion euros of bailout loans. The proposed changes, which will apply from January 1, include decoupling wages from
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Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity
Economyof 1 billion following the approval by the Parliament of the last multi-bill on prior actions...) and Motor Oil (-1 percent) also underperformed. The trading activity materially improved throughout
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