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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBanking(PPI) improved by 1 percent quarter-on-quarter (QoQ) to 294 million in Q2, mostly due to other income. Net interest income (NII) fell by 1 percent to 431 million euros QoQ, while operating expenses declined by 1 percent also. The results were largely in line with those of industry analysts. Asset
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Newsletter 108 - 24/02/2017
indicated that the volume of measures should reach 2 percent of GDP, or 3.6 billion euros, but reports have suggested that this may drop to around 1.5 percent of GDP, bringing the total down... of measures would be agreed together and would apply from 1 January 2019. What the coalition has
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Newsletter 23 - 17/04/2015
markedly in the first quarter of this year. Local media claimed that around 2 billion euros of new... that an additional 1 billion euros in NPLs was created in March. If confirmed, this three billion increase in NPL stock is equivalent to the total in NPLs that were added throughout the whole of 2014
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New overdue taxes rise by 428 mln in June, total stock above 102 bln
EconomyMacroeconomy75.1 percent, or 466.6 million of 621.7 million having been paid. Around 89 percent of the total figure..., another 865 million in taxes went unpaid according to the latest data from the IAPR. The total number... in June which is the second biggest month-on-month decline in the year so far. The total figure
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New overdue taxes rise at lower rate in Apr, total debt at 104.6 bln
EconomyMacroeconomyfor the same period last year by just over 30 percent. In March, the total stood at 2.64 billion euros. New... the total to 2.73 billion euros compared to 2.51 billion in March. The VAT collectability rate... of the total having been paid. The single property tax (ENFIA) had a collectability rate of 31.4 percent
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New overdue taxes rise by 235 mln in May, total debt at 104.5 bln
EconomyMacroeconomyperiod last year by 17.7 percent. In April, the total stood at 2.90 billion euros. New unpaid obligations from tax categories showed a rise of 193 million month-on-month in May, bringing the total... came to 90 percent with 154.6 million due and 154.6 million of the total having been paid. The single
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Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln
EconomyMacroeconomyGreek bank credit contraction edged up to 2 percent in May, after slowing to 1.9 percent in April, Bank of Greece (BoG) figures displayed on Monday. Net deductions increased to 357 million euros in May, which is the second highest figure in the course of this year, and largely reflect a negative
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Credit contraction stays stable at 2 pct in June, net additions for first time this year
EconomyMacroeconomyGreek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures showed on Wednesday. The lending flow turned positive for the first time in 2016 with net additions of 479 million euros in June from deductions of 357 million in May. June additions almost fully
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Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln
EconomyMacroeconomyInvestment Budget (PIB) balance posted a marginal deficit of 2 million in September from 606 million last
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Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The wages index captures employees’ gross earnings, which
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