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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankingwas reduced by 587 million QoQ and by 2.2 billion year on year (YoY) to 25.35 billion at the end... lower by 163 mln QoQ to 36.7 billion, while has recorded a cumulative drop of 1.1 billion over.... On the P&L front, core operating income improved by 1.1 percent QoQ to 570 million euros, reflecting
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Newsletter 333 - 01/04/2022
is needed in addition to last week’s 1.1 billion package, while 45 pct are unhappy with the nature... was forced to take further action, announcing a package of 1.1 billion euros, which was dominated... 50.44 billion euros from taxes this year, with VAT representing more than a third of total tax
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HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings
EconomyBankingand Piraeus in late November 2015, which corresponded to one quarter of the total state aid of 5.43
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For better or worse: Greece's bailout exit deja vu
Agorato the eurozone and the International Monetary Fund disbursing almost 10 billion euros in total. The European... of 3.5 percent until 2023 is detrimental to growth and that the goal of 2.2 percent on average up... long-term goal of 2.2 percent is unprecedented, the long-term target in the IMF’s DSA at the end
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EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
EconomyMacroeconomyon as recovery continues in 2020. On the fiscal front, the EC confirms the total surplus for the fourth... is lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2... rise in investment spending. In spring, the EC expected the Greek economy to grow by 2.2 percent
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Newsletter 318 - 26/11/2021
campaigns that saw a variety of Greek media outlets receive more than 40 million euros in total... the primary balance reaching 2.2 pct of GDP in 2024, and to remain at that level until 2060. Nominal GDP... to 1.1 pct up to 2029 and rises to 3 pct in the following decades. Based on those baseline assumptions
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Newsletter 329 - 25/02/2022
will have to deliver a primary surplus next year of 1.5 pct of GDP and then secure an average 2.2 pct... by roughly 3.5 pct in the coming decades. The refinancing rate over the next decade is seen at 1.1... target of 2.2 pct of GDP. With Greece soon due to enter a de facto pre-election period
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Greek primary cash surplus reaches 1.8 bln in H1 2014
EconomyMacroeconomyprimary cash surplus amounted to 2.2 billion euros from 590 million last year. The figures provided... the total amount for the whole year would reach 2.7 billion. This follows arrears’ payments of 4.6 billion... and then reached 1.1 billion euros in April, 4 billion in May and 3.2 billion in June, is most likely
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyof SA GDP components showed household consumption rose QoQ for the second consecutive quarter by 1.1... at current prices fell 0.8 percent in 9Μ, while the respective figure in real terms rose by 2.2... increase to a modest 1 percent for 2014. Total exports rebounded QoQ for the third straight quarter
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Greek banks in intensive care: What lies ahead?
Agorapercent of total deposits at that time. Thus, a potential haircut of 23.7 percent on June-2014.... It is apparent that since total deposits have dropped by 43 billion since June 2014 a much higher... period until the end of 2015, a bail-in equal to 8 percent of total liabilities will be applied
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