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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingPhoenix in the Hellenic Asset Protection Scheme to the value of 1 billion euros. NBG’s domestic NPE... is valued around 5 billion euros with 1 billion of this relating to mortgages. NBG noted that it had
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Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
EconomyMacroeconomy, staying below the 1 million mark for a ninth consecutive quarter. The figure for those unemployed... than 1 year) fell by 16,500 in Q2 compared to Q1 and came to 508.800. Out of the total, long-term
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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeaturesbenefits of around 1 billion euros. According to reports, the initial investment from Microsoft will be around 500 million euros, while the project's total footprint could reach 1 billion euros
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Greece persistently bottom of the list for EU gender equality
Societygender equality. The Index uses a scale of 1 to 100, where 1 represents total inequality and 100
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Newsletter 274 -20/11/2020
. The flagship reform was the new insolvency regime that will be effective from January 1 and in the view...). An increase of less than 1 million was seen in BoG loans. Declines were seen in repos (-484.8
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankingto trend lower as the bank anticipates to benefit from a -1 percent interest rate, assuming fulfilment... (LCR) increased to 118.3 percent. Capital At the end of September, the Common Equity Tier 1 (CET1
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Structural considerations for a prosperous Greece
Agoraa year (all of it net immigration[1]) and France with population growth of +0.12 percent a year (France... direction at once. [1] The Dutch results have been updated on December 16, 2020 by the Netherlands Central
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Trade deficit falls 10.8 pct in December as exports rise slightly
EconomyMacroeconomyand the value of ships, imports rose by 1 percent, while exports rose by 9.5 percent. Excluding the value... countries decreased by 23.3 percent. Exports to EU countries fell by 1 percent, while those to non-EU
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Central government debt increases €9.15 bln to €374 bln in Q4
EconomyMacroeconomy-term (over 5 years) debt made up 75.3 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 14 percent and 10.7 percent respectively. Greece’s cash
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Newsletter 286 - 26/02/2021
suggesting that the retail sector was set to re-open on March 1 or March 8. Clearly, the Development..., particularly the new insolvency code, some aspects of which were pushed back to June 1. The Commission
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