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Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBankingquarter at 10 billion, while excluding EFSF bonds, the net Eurosystem utilisation reached at 5 percent... of the targeted cost synergies and 100 percent of funding synergies related to the acquisition of 5 banks.... As a result, loan to deposit (LTD) ratio improved by more than 5 percentage points QoQ to 102.3
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SYRIZA's poll lead consistent but parliamentary majority elusive
PoliticsGreek PoliticsSYRIZA 28.1 ND 25.5 Potami 6.5 G Dawn 5.4 PASOK 5.2 KKE 5 Papandreou 2.8 Ind Grks 2.6 Other 4.1 Undecid... for Avgi SYRIZA 38 ND 30 Potami 7 PASOK 5.5 Golden Dawn 5.5 KKE 5 Independent Greeks 3 Others 6... this figure at the moment as most polls indicate that around 1 in 10 voters has yet to make his
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Why Greece’s ‘also ran’ parties are crucial
Agoraby these small parties totals 5 percent, for example, the winning party would need 38.4 percent to take 151 seats. If the total support for parties not entering Parliament reaches 10 percent, the threshold... and Golden Dawn), recent opinion polls suggest that the “also rans” could take anything from 5 to 8
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Newsletter 15 - 13/02/2015
. to another 10 billion euros in T-bills. Clearly, this leaves a number of vital details to be discussed... the Emergency Liquidity Assistance (ELA) capacity to Greek banks by an additional 5 billion, up from the 60... billion), government bonds (5 billion) and T-Bills (3.5 billion) for ELA funding. On top
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Newsletter 28 - 29/05/2015
secured by Sunday, or June 5, when Greece has to pay the IMF 300 million euros, is very slim. common... of this being secured by Sunday, or June 5, when Greece has to pay the IMF 300 million euros, is very... consultation until June 5, regarding the voluntary disclosure by taxpayers of undeclared capital
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The key points from lenders' proposals to Greece
EconomyProgrammeby the Tagesspiegel newspaper in Germany, which we presented earlier today, tovima.gr published the two documents (5... pensioners by December 2016. 5) Provision to people retiring after June 30 the basic guaranteed..., the government will transfer the state’s stake (10 percent) in OTE to the HRADF and take irreversible steps
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economyincorporated in the 2016 draft budget tabled on October 5. In particular, the 2015 primary surplus target... 2.02 billion, almost 10 percent short of target. As a result, net revenues fell at slightly rate...) Allowances to families with many children (at 35.5 percent of the annual target of 650 million) 5) Grant
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankinghigh administrative expenses. For the whole year, recurring costs fell by 5 percent to 1.25 billion... in fee income by 10 percent QoQ to 79 million. However, due a drop in other income, operating..., the full year figure fell 5 percent to 3.49 billion. Overall, cumulative loan loss reserves reached
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammein the excise tax on beer, cigarettes and tobacco. As of July 1 Introduction of a new tax rate of 5 percent on internet connections and 10 percent on Pay TV. Increase in the tax rate for investment... Introduction of a hotel overnight stay tax ranging between 2 euros for hotels with two stars up to 5 euros
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Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
EconomyMacroeconomymillion. A new levy is introduced on fixed line or internet and cable TV subscribers with a rate of 5 and 10 percent respectively aiming to collect annual revenues of 90 million. The former is due... with 5 stars. The estimated annual revenues amount to 74 million. Following the reduction
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