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Banks focus on reducing NPLs linked to property
EconomyMacroeconomyAs Greece’s systemic banks enter their first quarter reporting cycle, what’s happening with their bad loan pile is one of the main performance indicators that observers are keeping their eyes on. Greece’s banks are already looking to the stress test in 2020. A meeting took place this month
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Newsletter 206 -17/05/2019
on their books, Greece’s banks are already looking to the stress test in 2020. A meeting took place
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Travel balance at 94.8 mln in Mar and 211.9 mln in three-month period
EconomyMacroeconomypercent to 548.0 million, which took the overall travel balance to 211.9 million compared to a balance
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How SYRIZA lost and New Democracy won
Agoraof the programmes took away the strongest item on their agenda. They evaporated in Sunday’s vote, with New
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Credit contraction falls to 0.1 pct in April, balance at 161.82 bln
EconomyMacroeconomypositive by 63 million euros from 187 million euros in March. The latest month’s reading took the balance
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SYRIZA offers compromise over judicial dispute to prevent more turmoil before polls
PoliticsGreek Politicsthe Supreme Court’s next president and prosecutor. Kalogirou took action after significant pressure was put
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Newsletter 208 -31/05/2019
Democracy, six to SYRIZA, two each to KINAL, KKE and Golden Dawn, while Greek Solution took one
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingceasing trading on May 20. The merger took Eurobank’s CAD ratio to a best-in-class 18.2 percent, which
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Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect
EconomyMacroeconomy-off payments that took place until May of 2019 in connection with ministerial decisions issued
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BoG notes economic progress, urges safeguarding of fiscal credibility
EconomyIn the financial stability report the Bank of Greece (BoG) published on Tuesday, it took stock of the positive developments in the Greek economy and the banking system. But it urged caution on the fiscal policy front after the recent round of expansionary measures and called on banks to focus
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