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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBanking, PPI reached 262 million in Q3 from 285 million in Q2, a drop of 8 percent quarter-on-quarter (QoQ... reached 4.5 billion at the end of Q3, rising further to 5.4 billion up to mid-November and passing
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Exporters focus on new markets to weather pandemic
EconomyMacroeconomyfor Greek exports has experienced a shake up during the first nine months of the year, while exporters... to the global drop in demand due to the pandemic.
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PMI drops to 42.3 points in November as second lockdown hits
EconomyMacroeconomythe fastest since data collection began in May 1999. The decline stemmed from a notable drop in new order... restrictions and higher raw material prices drove input price inflation up leading to the fastest rise in costs
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Govt struggling to keep coronavirus threat at bay
PoliticsGreek Politics, the government would have wanted to avoid this so retail stores could open in the run-up to Christmas...’ performance. This has translated into a 2-point drop in support for New Democracy since June, according
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PM hopes for return to normality by summer, but vaccine progress remains slow
PoliticsGreek Politicsis still awaiting approval. This could in theory allow inoculations to speed up, though not at the speed... universities warn that this would lead to a drop in the number of admissions, and threaten the viability
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PM tries to contain Covid confusion as protests on education and lockdowns intensify
PoliticsGreek Politicsthe economy could pick up. He said, however, that he hoped tourism would be helped by his proposal... in the day, the owners of catering businesses met in Syntagma square to drop the keys
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Pandemic raises economic pressure as govt hopes for imminent relief
PoliticsGreek Politicsimmense pressure as the number of intubated patients has risen to 449 – up 18 on the previous day... comprehensive lockdown in the coming days if there is not a significant drop in infections. There have
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CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
EconomyMacroeconomyfor the last 11 months, with December’s 2.3 percent drop surpassing the previous lowest reading...). Alcoholic beverages and tobacco was the only major category to show any increase, creeping up by 0.1
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PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
PoliticsGreek Politicslike restaurants will be able to pick up where they left off and will not have to dismiss any... million this year and will drop to 200 million annually from next year. The fiscal cost of lower social
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Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
EconomyBankingin Q1, up by 3 percent QoQ, boosted by the effects of TLTRO III borrowing. Net fee and commission... Equity Tier 1 (CET1) ratio stood at 16 percent, a drop of 125 basis points from the previous quarter
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