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  1. April produces first fall this year for car sales, which tumbled by 7.5 pct
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    recovery in the last few years largely stems from renewal of rent-a-Car fleets, due to strong.... Car sales landed at 13,367 in April after climbing to 15,350 in March, which was the highest reading

    6%
  2. Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , still entailing a strong underspend of 791 million. The latter largely reflects lower social... by 2.6 percent in the previous month and landed at 3.05 billion, which is the second lowest reading so

    6%
  3. Newsletter 127 - 14/07/2017

    Newsletters

    “two very strong signals” regarding Greece. The yield on 812.5 million euros of three-month T-bills... February this year. As a result, central bank funding landed at 54.25 billion at the end of June

    6%
  4. Budget primary surplus at 3.05 bln in 7-month, above target on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the target by 955 million, reflecting a strong underspend with primary expenditure coming in 1.05 billion... percent in June and landed at 3.84 billion euros. The aggregate figure for the seven-month period

    6%
  5. Newsletter 134

    Newsletters

    in exports noted for September. Strong client demand led manufacturers to increase their output... is even lower than in 2016, when it landed at 52.34 billion. In the draft budget, the total revenue

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

    EconomyBanking

    that the current NPE formation trends being observed in Q4 were strong too. Due to write-offs the NPE... and landed at 22.1 billion, driven mostly by business loans, followed by mortgages and consumer

    6%
  7. Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
    Photo by MacroPolis

    EconomyBanking

    million QoQ to 28.5 billion, driven largely by businesses and a strong tourist season. The Common... by around 200 million euros QoQ in Q3, from 505 million in Q2, and landed at 26.8 billion, beating

    6%
  8. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    confidence was strong that these targets can be met. In particular, reference was made to the legal tools... percent. The results landed slightly below the expectations of industry analysts. Core pre-provision

    6%
  9. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    Ameoba, has attracted strong interest. The first phase was recently completed, with the second phase... from 45.5 percent in the previous quarter. NPL stock declined once more by 720 million QoQ and landed

    6%
  10. Trade deficit falls by 23.1 pct in March on growing exports, falling imports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The deficit stood at 1.63 billion euros for the month. As with the previous month, a strong increase..., which landed at 5.34 billion. The driving factor was a 13.6 percent increase in exports, while imports

    6%