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Newsletter 260 -31/07/2020
decisions. The NAVTEX is valid until August 2, which means that Greece will remain on high alert..., but this by no means suggests that they returned to pre-crisis levels. 2 Primary balance at deficit
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Newsletter 266 -18/09/2020
forecasts. 2 Current account deficit at 874.5 mln in July Sharp drop in travel receipts drives..., against an increase of 2 percent in 2018. Apartments over 5 years old saw prices increase by 6.9 in 2019
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Apartment prices rise by 4.1 pct in Q2
EconomyMacroeconomyan increase of 2 percent in 2018. Apartments over 5 years old saw prices increase by 6.9 in 2019, against..., and by 2 percent in other areas of Greece during Q2. For the whole of 2019, based on revised data
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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingthat took place in 2015, Piraeus Bank had issued 2 billion euros of convertible bonds (CoCos) that pay... billion euros of NPEs through two portfolios: Phoenix, which is worth 5 billion, and Vega for 2 billion
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Newsletter 280 -15/01/2020
of March, allowing almost 2 million people in high-risk groups to be inoculated, thereby easing... between non-gg (5.82 billion) and gg (3.40 billion) entities. 2 Employment balance positive by 2,116
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Newsletter 282 -29/01/2021
this year at regular intervals. 2 Budget primary at deficit of 18.20 bln in 2020 Primary balance..., as mentioned, 909 million euros or 2 percent above than the target of 46.45 billion euros. Meanwhile
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Greece - On the importance of productivity growth
Agoraof productivity growth recovering to around 1 percent a year. We also accept this assumption for Greece. [2... acknowledge that the costs of climate change are not included in this representation. [2] Some
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Banks intensify balance-sheet clean up with securitisations, new bonds
EconomyBankingas joint lead managers for a 500 million-euro issue of subordinated Tier 2 bonds. If comes after the bank.... The Tier 2 bond issue will bolster the bank’s capital adequacy by about 150 basis points
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Piraeus announces transformation plan amid 2020 loss of 662 mln
EconomyBankingNPE reduction in 2020, including write-offs, was around 2 billion euros in last year, bringing..., as well as Sunrise 2, with a gross book value of 4 billion euros, will bring the cumulative
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CPI down by 1.6% in March, marking 12-month continuous drop
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year in March, following a drop of 1.3 percent in February and a decline of 2 percent in January, Hellenic Statistical Authority... the services index fell by 1.3 percent YoY. The harmonised index of consumer prices (HICP) fell by 2 percent
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