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Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
EconomyMacroeconomybailout programme in mid-August. The outstanding balance edged up to 121.14 billion in August... - which also incorporate general government as well as euro and non-euro area residents – edged up... billion to 124.06 billion in August. This mainly reflected a similar drop in the Emergency Liquidity
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Portuguese election: Where those who lost may decide
Agorais that it will probably be those who lost that will clear up this uncertainty rather than the election winners... rate in Portugal will drop this year almost 1 point compared to April estimates, although growth... going to allow the coalition to rule or will he wait for the right moment to trip it up? Also
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Industrial production rebounds strongly in August with 4.5 pct rise
EconomyMacroeconomyindustrial grouping showed only one posted a sharp drop, namely capital goods (down 24.7 percent... in July. The August performance largely reflects soaring consumer durables production (up 44.9 percent) followed by intermediate goods (up 13.3 percent). On the other side of the spectrum, capital goods
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Final structure of bank recap taking shape, cautious optimism for outcome
Economyidentified in the AQR and baseline stress test. The additional capital shortfall up to level... plummeted to just 3.2 billion, following a sharp drop in bank share prices that started in December 2014... capital by up to 585 million under the best-case scenario of full participation in the offer via
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Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB
EconomyBankingon the back of lower deposit cost, leading core PPI (excluding one-off items) up 1.1 percent QoQ... in Q1. The NPL ratio edged up to 34.3 percent in Q2 from 34 percent in Q1, while the NPL formation... by 0.7 percent to 38.1 billion in Q3 after a shaper drop by 15 percent QoQ in Q2. As a result, the L/D
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
Economy, private consumption is expected to drop 1.3 percent in 2015 and1.7 percent in 2016, before... of the recapitalisation process. The unemployment rate is seen at 25.7 percent in 2015, edging up to 25.8... of over 1 percent of GDP in the second half of 2015 and up to 4 percent of GDP cumulatively by 2017
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Newsletter 53 - 27/11/2015
, the HFSF share (via non-restricted voting rights) would drop to 1.5 percent from its current level... Netanyahu in Jerusalem and talked up the prospects of Greece and Israel working together, particularly... to him being ousted from ANEL but refusing to give up his parliamentary seat. In contrast, one
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Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
EconomyMacroeconomyrate corresponds to a new low in the period since Greek joined the euro. The cumulative drop by 75... edged up by 12 bps to 2.48 percent in October. The rate for consumer loans without a fixed maturity... of Greek banks at higher levels, up by 36 bps to 4.46 percent in October, which also represents the highest
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General gov't primary cash surplus widens notably to 4.84 bln by October
EconomyMacroeconomymillion. The outstanding stock currently stands at 2.73 billion, making up 46.6 percent of total arrears... billion and a net drop of 4.1 billion in EFSF/ESM/IMF loans. The latter incorporates the return... amounted to 213.8 billion making up 67.9 percent of total debt, bonds to 59.8 billion (19 percent), T
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Declared income falls 28.7 pct from 2011 to 2014, salaries and pensions suffer most
Economy-earners and pensioners consistently make up more than three quarters of total declared net income. Their 2014 figure stands at 56.73 billion euros, which represents a sharp drop of 30.7 percent over...) declaring annual net income up to 1,000 euros and almost 30 percent between 1,000 and 5,000 euros
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