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Net interest income and fees push Piraeus Bank profits to 617 mln in H1
EconomyBankingPiraeus Bank posted a net profit of 615 million euros in H1 this year, from 556 million euros in H1... period last year. Net interest income (NII) came to 990 million euros in H1, while net fee income was 462 million euros, from 955 million and 325 million euros respectively in H1 2025. Net trading
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomyimports decreased by 5 percent. The decline in the services’ surplus is primarily attributed to lower net...’ surplus by 6.9 percent in 2015 is attributed to lower net transport receipts amid capital controls... in 2015. The financial account under direct investment recorded a net rise by 154 million in December
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingEurobank kicked off the fourth-quarter (Q4) reporting season of Greek banks posting net loss..., the bank posted net loss of 1.18 billion euros from 1.22 billion in 2014. Pre-provision income (PPI... performance, with net interest income (NII) improving 4.3 percent QoQ to 375.3 million. The NII growth mainly
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Newsletter 121 - 02/06/2017
reflecting a sharp decline of 5.5 points in February. Three of the other four business indicators posted... to 600 million euros. When deducting the corresponding VAT, the net proceeds for Greece’s... April 2011. More importantly, the net lending flow stayed positive for the second straight month
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Newsletter 133
target of 1.32 billion euros. Overall, net revenues totalled 30.24 bllion in the eight-month period, below the target by 1.77 billion (-5.5 percent), driven largely by higher than expected tax refunds... billion in July. Net lending flow showed net deductions of 312.7 million euros from 456.1 million
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GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyof 1.1 percent in Q4. General government consumption fell by 5 percent QoQ and declined by 4.1 percent... services imports increased by 5.5 percent YoY. The MoF is expecting imports of goods and services to rise by 5.5 percent in 2019 and 5.2 percent in 2020. Outlook According to the MoF’s MTFS, Greece’s GDP
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Industrial turnover rises by 13.4 pct in April
EconomyMacroeconomyin mining and quarrying increased by 1.1 percent. Industrial turnover in the domestic market increased...), intermediate goods (+5.5 percent) and capital goods (+0.9 percent). A decline of 8.5 percent... in this category were seen in motor vehicles, trailers and semi-trailers (-45.3 percent), furniture (-5.5 percent
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A sudden turnaround that could lead to sharp shock
Agorayear of the adjustment in 2010, GDP dropped by 5.5 pct. This followed by the deepest drop seen... billion, the UK 2.6 billion, France 1.1 billion and the US 1.2 billion. These are all countries... is close to 5.5 billion per quarter. The combined exposure of investment spending between March
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Newsletter 432 - 06/09/2024
and New Left 2.1 pct. Around 15 pct of respondents declared themselves undecided while 5.5 pct picked.... MacroeconomyCharts of the weekGDP Greek GDP grew by 1.1 pct quarter-on-quarter (QoQ), picking up pace from... segment with just 5.5 pct.
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Newsletter 122 - 09/06/2017
and 2020. General govt primary cash surplus edges up OECD expects economy to grow by 1.1 pct this year... to return, large uncertainties remain. OECD estimates that GDP will rebound 1.1 percent in 2017... reading for May since 2001 The employment balance remained positive in May, with net hirings rising
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