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  1. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    deposit repricing, which more than offset weaker loan NII primarily due to deleveraging. Stripping out... expenses of more than 160 million from the reduction in the utilization of those bonds as guarantees... stayed almost flat at 74.5 percent remaining the highest among its domestic peers. In Greece

    23%
  2. S&P affirms Greece’s rating with stable outlook

    Economy

    notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC... of the Greek population pays around 60 percent of taxes, while more than half of wage and pension earners... its previous estimate for flat growth, weighed by “additional fiscal drag, blocked banking system

    23%
  3. Justice can't be blind to facts in 2009 deficit case

    Agora

    , but not for the reason that he suggests. Rather than an unresolved mystery that conceals... euros in 2000 to 113 billion euros in 2009, while revenues remained relatively flat. That the Greek... their eyes and acquaint themselves with the facts rather than rely on the speculation of politicians

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  4. Lower bad loan provisions and increased write-offs for Greek banks in Q2
    Photo by MacroPolis

    Economy

    , and have increased by more than 3 percentage points from the Q2 2015 figure of 18.4 percent... of 2016 stands 13.8 percent lower than the figure of 1.01 billion posted in the corresponding period... and loan adjustment at fair value. BoG noted that the NPE stock remained broadly flat QoQ at around

    23%
  5. Stable rate in time deposits, corporate loan rates pick up in July

    EconomyMacroeconomy

    any material change in July, the weighted average rate on total new deposits remained flat at 0.42... with the most notable increase for amounts less than 250,000 euros, where the rate climbed 50 bps... bps higher than the average euro area rates. In the household lending sector, a marked rise of 31

    23%
  6. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    billion euros in Q2 from 17.38 billion in Q1 and correspond to 26.2 percent of gross loans, flat QoQ.... Gross loans slipped by more than 100 million euros QoQ to 66.19 billion, while deposits increased... formation of more than 500 million in H2.

    23%
  7. Newsletter 102 - 13/01/2017

    Newsletters

    the Greek government suggest that the target for completion is the February 20 Eurogroup, rather than... Airport), which corresponds to around 3.6 million more than those in 2016. Most of those incremental...) remained flat in December, following a decrease of 0.9 percent in November. The December figure

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  8. Central government debt rises to 326.4 billion on ESM disbursement
    Photo by MacroPolis

    EconomyMacroeconomy

    (SMP programme) and the European Central Banks (ANFAs). T-Bills stayed almost flat QoQ at 14.89... than 5 years) debt made up 80.3 percent of total, while short-term (up to 1 year) and medium-term (1..., Greece’s cash deposits slipped by more than 200 million euros QoQ to 2.79 billion at the end of 2016

    23%
  9. Stable deposit rate in Jan, slight uptick in loan rate

    EconomyMacroeconomy

    rate for amounts lower than 250,000 euros remained almost flat at 5.27 percent and that for amounts... in January, the corporate loan rates in the Greek market still stand more than 250 bps above

    23%
  10. The joke's on Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    a distinct feeling since 2009 that those in opposition would like to see each government fall flat... in the wings before they even come to power. However, there is more to it than that. The low... embarrass his counterpart and give himself a boost than admit there is also culpability

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