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Greek banks push for return to normality
EconomyBankingprogramme is already winding down with net purchases currently at 30 billion euros up to September. This is due to be reduced to 15 billion until the end of the year when net purchases are expected... loan reduction targets due to be submitted to the ECB’s Single Supervisory Mechanism (SSM
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In hindsight it would have been nicer
Agoraas Greece’s debt levels further mounted while core eurozone countries’ net public debt remained... served the single currency well, allowing all the necessary mechanisms – most notably the OMT... a staggering 24 billion euros or 10 percent of GDP just four years ago. Every single troika member
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Greek disposable income continues its slide in Q2, reached 29 pct during crisis
EconomyMacroeconomy. In contrast, property income showed a low single digit drop (-9.8 percent) over the past five... instalment was due by the end of July) and single property tax (the first instalment was postponed... from -3.2 percent in Q2 2013. In addition, net borrowing also remained intact for the sixth quarter
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Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln
EconomyMacroeconomymillion) more than offsetting the ongoing net revenue shortfall (by 918 million). The breakdown of budget... by November includes three instalments of the single property tax (ENFIA) compared to five initially...), the single health services organisation (EOPYY) and the complementary pension allowance (EKAS) as well
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Newsletter 9 - 30/12/2014
on its net present value (NPV), which mainly stems from the extended maturities and low interest... below 700 euros gross, abolish the single property tax and replace it with a new tax on large... in real time how political partisanship and single mindedness in Athens cloud any attempt to formulate
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBanking, net interest income (NII) fell 3.7 percent quarter on quarter (QoQ) to 750 million, largely... easing 0.5 percent QoQ. As expected, Greek deposits posted a high single-digit drop by 9.1 percent... of October and is expected shortly after the release of their capital needs by the Single Supervisory
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Greek banks' equity raising could keep official support to a minimum
EconomyFollowing the disclosure of Greek banks’ capital shortfall by the ECB’s Single Supervisory..., Fairfax is the largest single shareholder holding 20.03 percent of Eurobank shares, Capital controls..., revaluation of its available-for-sale (AFS) portfolio of 95 million in Q3, additional Q3 net profits
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Newsletter 59 - 22/01/2016
their total tax and SSC burden to more than 80 percent of their net income. A joint committee... while Tsipras dithered on eurozone "Let's end the memorandums and fascism!" Syriza's single biggest... to represent: transparency, meritocracy and social justice. SYRIZA’s single biggest failing
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agoracharges ahead of the results of comprehensive assessment conducted by the Single Supervisory Mechanism... percent of the total NPE reduction respectively Core revenues On the core revenue front, net interest... in the coming quarters as well as the positive developments on the NPL front, the single most
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agoraof sharp drop in impairment losses, cost containment, modest net interest income (NII) growth... the Supervisory Review and Evaluation Process (SREP) overall capital requirement (OCR) submitted by the Single...) by 2019 as targeted without potential losses harming their capital base. The single most important
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