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Newsletter 133
that would allow for sex changes to take place in Greece, possibly from the age of 15 or 16... euros. Credit to insurance corporations increased by 70 million to just over 7 billion euros. Deductions... billion euros. Consumer credit posted marginal net declines of 7 million euros. The balance remained below
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Lenders wait for prior actions to be completed, Athens expects 4.5-bln tranche
EconomyProgrammethat claimed it would be somewhere between 7 and 8 billion euros by insisting that Athens is only... on Friday that European Union sources suggest that the final amount may reach around 7 billion euros... and 15 billion euros, with some reports claiming that the target is 12 billion.
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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBanking, core pre-provision income (PPI) fell by 7 percent quarter-on-quarter (QoQ) to 182 million, largely... ratios will have been reduced by around 15 percentage points, with NPE coverage at around 55 percent... declined by 7 percent in Greece and by 6.3 percent for the group. The decline in operating expenses
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBankingyear. Core pre-provision income (PPI) fell by 15 percent quarter-on-quarter (QoQ) to 120 million... million in corporate loans, -12 million in small business loans and -7 million in consumer loans... million, rising by 19 percent QoQ. Operating expenses fell by 7 percent QoQ to stand at 231 million
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeatures. In the last eight years, German demand for Greek imports has risen by 15 percent. Meanwhile... the crisis, roughly 6 to 7 percent, exports to non-EU countries grew at a slower rate. In these markets, Greek exports rose on average by 3 percent per annum during the crisis compared to an average of 7
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Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
EconomyBankingreduction to a ratio of approximately 15 percent by the end of 2019” and that the pile would be further reduced to single digits by 2021 with an NPE deconsolidation of approximately 7 billion... of the 7 billion transferred to the SPV and 2 billion from the securitisation of 2 billion euros-worth
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Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingaccelerate NPE reduction to a ratio of approximately 15 percent by the end of 2019” and that the pile would be further reduced to single digits by 2021 with an NPE deconsolidation of approximately 7 billion... NPEs through a combination of the 7 billion transferred to the SPV and 2 billion from
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Bank of Greece outlines challenges to SME funding, gaps in knowledge
EconomyFeaturescredit (15 percent), leasing (9 percent) and other financing sources (less than 7 percent). Bank... quarter belongs to only one owner and the remaining 7 percent is owned by other enterprises, business
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Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
EconomyMacroeconomyreceipts compared to travel payments, which rose by 15 percent or 286 million. Foreign visitors were... length of stay falling by 1.5 percent year-on-year (YoY) from 7.1 nights to 7 nights. Receipts Travel... of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected this year.
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How Greece's electoral map changed radically over 10 years
Agora) and a third to other parties. Similarly, ND only kept roughly half its 2009 voters, losing 15 percent..., where it holds a 10-point lead. As Greece heads into snap national polls on July 7, it is beyond... unlikely the outcome of the July 7 snap elections will be materially different. The most probable outcome
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