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  1. Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
    Photo by MacroPolis

    EconomyBanking

    ) and fees, while operating expenses stayed almost flat. Asset quality The non-performing exposure (NPE... and mutual funds. Operating expenses stayed almost flat QoQ at 245 million, while the H1 figure dropped

    7%

  2. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    due to other income. Net interest income (NII) and operating expenses stayed broadly flat. Asset... flat QoQ at 436 million euros as the positive impact from the lower funding cost was outweighed

    7%

  3. Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
    Image via www.eurobank.gr

    EconomyBanking

    formation remained flat. In contrast, NPL formation stayed positive but substantially reduced, standing... expenses remained more or less flat at 223.2 million. On an aggregate basis, the figure fell by 2

    7%

  4. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    remained flat, reversing the Q1 trend of contracting. The loan to deposit ratio in Greece fell to 119... stood at 18.3 percent, remaining flat QoQ. This stemmed from profit in the previous period carrying over

    7%

  5. Newsletter 227 -08/11/2019

    Newsletters

    is the introduction of a flat tax aimed at convincing wealthy individuals to move their tax domicile. The non-dom scheme will offer anyone who declares their global income in Greece a flat tax of 100,000 euros

    7%

  6. Marginal deposits outflow of 212 million euros in August

    EconomyMacroeconomy

    billion in August almost flat mom. It is also worth noting that total deposits – including euro

    5%

  7. 2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct

    EconomyMacroeconomy

    in 2014 from -7.0 percent in 2013). Note that nominal GDP is anticipated to remain almost flat yoy

    5%

  8. Greece's building activity continues its nosedive in July

    EconomyMacroeconomy

    Greek building activity (measured by the number of building permits) dropped 24.0 percent in July with the respective surface figure easing 8.6 percent, while volume remained flat year on year, according to the Hellenic Statistical Authority (ELSTAT). Moving to the aggregate figures, which strip

    5%

  9. Drop in Greek CPI decelerated to 1.1 pct in September

    EconomyMacroeconomy

    and 3.5 percent respectively, while clothing and footwear prices remained almost flat year on year

    5%

  10. For Stournaras, it's out of the frying pan and into the heating oil

    PoliticsGreek Politics

    flat rate corporate tax in Greece. This formed the basis of his economic plan before he was elected

    5%