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  1. Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The employment balance remained positive in December 2016, with net hirings increasing to 11,132... posted net departures of 3,580. The biggest contributors to December net hirings were food services..., the highest net departures were recorded in the food industry (-1,475) and accommodation (-994). Overall

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  2. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The study showed that the net financial wealth of Greek households increased by 30.4 percent between.... In the succeeding period until Q2 2012, Greek households’ net financial wealth tumbled by 65.3 percent... of the crisis (2008-2009) and slowed in the next three years (2010-2012). However, their net financial wealth

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  3. Eurobank stays profitable in Q1 with net earnings of 36.5 mln
    Photo by MacroPolis

    EconomyBanking

    Eurobank inaugurated the first-quarter (Q1) reporting period of Greek banks by announcing net... in collateral liquidation, compared to the initial plan. P&L Net interest income (NII) decreased by 1.9... of risk (provisions over net loans) of around 190 bps which was broadly stable over the last three

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  4. Net job hirings reach new high of 89,534 in May, 5-month figure a record
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance stayed positive in May 2017 with net hirings climbing by around 13,000... old group (+24,276). The biggest contributors to net hirings were accommodation (+42,871), food services (+19.952) and retail trade (+7,833). In contrast, the highest net departures of 8,238 were posted

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  5. NBG reports net losses in Q2, NPEs down for fifth straight quarter
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported net losses of 13 million euros in the second quarter (Q2... attributed to write-offs of around 300 million and a marginally negative net NPE formation (-14 million... at 74.2 percent. NBG’s NPE and NPL coverage ratios are the highest among its domestic peers. P&L Net

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  6. Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
    Image via www.piraeusbank.gr

    EconomyBanking

    Piraeus Bank’s third quarter (Q3) results showed a net loss of 19 million euros, undoing the net... income. Net interest income (NII) fell by 1 percent to 431 million euros QoQ, while operating expenses.... On a yearly basis, NII fell by 3 percent to 1.30 billion. Net fee and commission income rose

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  7. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    Piraeus Bank’s fourth quarter (Q4) results showed a net profit of 12 million euros from continued... (QoQ) to 144 million in Q4. On an annual basis, PPI fell by 4 percent to 1.04 billion euros. Net... percent to 1.67 billion. Net fee and commission income fell QoQ by 2 percent (87 million versus 89

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  8. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank’s second quarter (Q2) results showed that net profits from continued operations came.... On an aggregate basis, H1 results showed PPI declining by 53 percent to 260 million euros. Net interest income... and deleveraging impact, while quarterly performance remained more or less unchanged. Net fee

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  9. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported net profits of 27.5 million euros for the first quarter (Q1) of 2019, improving on the net loss of 1 million euros noted in Q4 2018. The net profits in Q1 2018 stood at 65.2... million, affected largely by lower net interest and fee income contributions. The difference year

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  10. Eurobank posts Q1 net profit of 70 mln
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank posted a net income of 70 million euros in the first quarter (Q1), an increase of 13... percent. P&L Net interest income fell by 1.4 percent YoY and stood at 335 million euros. Compared with Q4, NII increased 1.6 percent. Net fee and commission income rose 6.9 percent YoY to 99 million euros

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