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Newsletter 104 - 27/01/2017
) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter... in the last quarter of the year. Greek households’ net financial wealth tumbled by 37.5 percent during... bulletin. Specifically, the net financial wealth increased by 30.4 percent from Q1 2002 to Q4 2007
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Athens ponders impact of Turkey's role in Afghanistan
PoliticsForeign Policybetween the West and the Taliban, Ankara is aiming to earn points by showing that as an Islamic.... The situation became complex because the Taliban did not allow these Afghans to reach Kabul’s airport... to Greece in May. However, the rapid collapse of the Afghan government and the success of the Taliban’s
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ProMacro_Scope
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeatures3,644 Russia 429 990 Turkey 308 811 Egypt 109 265 Lebanon 109 310 Iraq 84 320 Ukraine 83 181 Syria... since 2011, focuses on high net worth investors. It has a higher threshold of 2 million euros and had
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U.S. and China are still in reconnaissance mode, but for how long?
Agoraa divorce. And, of course, there’s Elon Musk who views China as a key market for his Tesla company... close advisors and business intermediaries, such as Elon Musk. They argue that the threat of high
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Athens concerned but silent as Trump administration criticises Europe, lines up Ukraine talks
PoliticsForeign Policyvalues and its meddling in domestic political affairs. Elon Musk has also angered European politicians... in Greece, Greek Solution and Voice of Reason, are embracing the new US administration as well as Elon Musk
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Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
EconomyBankingEurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs... was 86.4 percent, up by 10.9 percentage points. P&L Net interest income in 2023 increased by 46.9 percent
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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomy. The monthly flow remained subdued for the second straight month with net deductions of 28.7 million euros in December from net additions of 61.7 million in November. The modest negative flow in December reflects household and sole proprietors’ net deductions of 157 and 15 million respectively mitigated
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomyis the lowest rate of decline since April 2011. More importantly, the net lending flow stayed positive.... The April figure is the highest reading since June 2012, when net additions stood at 853 million. The positive flow in April is almost entirely attributed to corporate sector net additions of 763
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingPiraeus Bank’s third quarter (Q3) figures revealed net results from continued operations showing a profit of 44 million euros compared to a net profit of 20 million in Q2 2019. This marks a fifth consecutive quarter where net results have landed on a profit rather than loss. Net results overall
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