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Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
EconomyMacroeconomy, the weighted average rate on total new deposits eased by 7 bps to 0.62 percent in October, which... change was the rise in the interest rate on loans for amounts above 1 million by 45 bps to 5.12 percent in October, while a lower increase of 20 bps to 5.15 percent was also recorded in loans for amounts
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Gov't postpones discussion on parallel programme ahead of tranche approval
EconomyJanuary 7. Earlier on Thursday, Deputy Prime Minister Yiannis Dragassakis said in an interview... of this programme and 20 percent of those imposed by the third MoU. The draft bill named “Measures... interventions such as: 1) Establishment of poor citizens’ bureaus. 2) Health support for uninsured
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In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBankingbillion, almost 1 billion above the respective figure a year ago and mostly relate to denounced loans... of the spectrum, the lowest ratios were recorded in energy (3.7 percent), public administration (7... respectively. Starting from a fully-loaded Common Equity Tier 1 (CET1) ratio of around 17 percent
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Greece's post-lockdown hubris
Agora. On August 1, the 7-day average of new daily cases exceeded 50 for the first time since the height... outlets. A total of 20 million euros was spent on Covid-19 awareness campaigns to promote the “stay... by the opposition and civil society groups, however one calculation suggested that only 1 percent of the money
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Newsletter 274 -20/11/2020
as December 7, a week after the scheduled end of the lockdown, followed by retail on December 14.... The flagship reform was the new insolvency regime that will be effective from January 1 and in the view... 15 pct of GDP over the next 20 years, and decrease to 13 pct of GDP by 2060. The European Travel
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Newsletter 394 - 22/09/2023
their shipping business some 20 years ago and him being forced to the USA. His comments prompted the Union... government’s communication as the Greek authorities have to deliver a primary surplus of close to 1... year, to roughly 7 billion euros. Although the oil deficit up to July was over 2 billion euros lower
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Economy. After Parliament approved the 2014 budget on December 7, the MoF revised 2013 and 11-month targets..., the one pending prior action for the disbursement of the next tranche of 1 billion euros... closes on December 20.
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Greek jobless rate eases for fourth straight month but still at 26.7 pct
Economy. After peaking at 7 percentage points in 2012, the gap dropped to the historic average of 6 pp in 2013... the lowest unemployment rate, which is slightly above 20 percent followed by Crete at 23.5 percent... Greek unemployment easing by 1 percentage point this year to 26.3 percent and by 2 percentage
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Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
EconomyBankingand deposit spread of 446 and 7 basis points (bps) respectively. Loan spread evolution in Greece showed a 20 bps reduction in Small Business Loans (SBL), which the management expects to remain under... EFSF bonds. The Basel III Common Equity Tier 1 (CET1) ratio eased to 15.9 percent in Q3 from 16.3
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Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
Economyarrivals to 20.5 million, implying an increase of 1 million from its previous forecast of 19.5... in 2014, which corresponds to a rise of 15 percent on last year’s figure of 20 million. Apart from... percent, while those in Crete rose 7 percent. However, although volumes are performing above expectations
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