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Bond issued for capital support of Greek banks in 2009 reaches maturity
Economyto 5 billion euros. The second involved guarantees of up to 23 billion euros in two separate plans
6% -
Significant post-election economic challenges await Greek coalition
EconomyMinister Yannis Stournaras did not present any debt relief plan at the Eurogroup on May 5
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New obstacle for privatisations as court blocks sale of water firm
Economyand ruled that the transfer violates articles 5 and 21 of the Constitution, according to which the state
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Greek credit contracts again in April but at slightly lower rate of 3.7 pct
EconomyMacroeconomystood at 0.8 percent, yet monthly flow remained at extremely low levels showing net deductions of 5
6% -
Eurobank records net loss of 207.4 mln in Q1
EconomyBankingby 25 basis points (bps) in Q4, net interest margin fell by 5 bps in Q1 to 1.93 percent, mainly due
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Alpha Bank posts loss of 94.1 mln in Q1
EconomyBanking, the reduction of the staff by 5 percent YoY to 16.9 thousands and network by 13.5 percent to 1,061
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Drop in Greek retail sales accelerates to 3.4 pct in March
EconomyMacroeconomy-the-average decrease, at -9.3 and -5 percent respectively. Automotive fuel volume rose for the second
6% -
How Greek banks moved into a new era
Agorathe past four years. Piraeus’s transaction was a 3-year note of 500 million with a coupon of 5 percent
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Unemployment rate edges down for sixth straight month to 26.8 pct in March
EconomyMacroeconomythe past 5 years is more pronounced (3 or 4 times higher) but this also reflects a lower base effect
6% -
General gov't primary cash surplus to April at 1.69 bln
EconomyMacroeconomyin long-terms bonds by 1.2 billion and a net rise in short and long-term loans by 1.1 and 5 billion
6%