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  1. Newsletter 47 - 16/10/2015

    Newsletters

    expects a bigger decline in 2016, when it believes GDP will fall by 2 to 3 percent. In its latest Greece... at 173.74 billion for 2015, down 3 percent from the 2014 unadjusted figure. Applying the same drop rate

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  2. Growing hopes that Greek recession will be milder than expected

    Economy

    , though, that the bank expects a bigger decline in 2016, when it believes GDP will fall by 2 to 3... billion for 2015, down 3 percent from the 2014 unadjusted figure. Applying the same drop rate

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  3. Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target

    Economy

    in September and 3 percent in the 9-month period to 16.43 billion, 194 million short of the revised... of 446 million) 3) Grants to hospitals (at 37.9 percent of the FY target of 1.16 billion) 4

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  4. Marginal changes in loan and deposit rates in Sept

    EconomyMacroeconomy

    (for amounts above 250,000 euros and below 1 million) and by 3 bps (for amounts above 1 million euros... rate down by 3 bps to 2.36 percent, while that for consumer loans without a fixed maturity (mostly

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  5. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
    Photo by MacroPolis

    EconomyBanking

    income down 22 percent QoQ to 759 million. As a result, despite a cut in operating expenses by 3 percent... time since the turmoil that emerged last December. In contrast, gross loans contracted by around 3

    11%
  6. Newsletter 51 - 12/11/2015

    Newsletters

    3 billion, with an additional 0.4 billion expected after the bail-in is triggered. As we indicated... an initial indication on November 3, Eurobank announced on November 12 that it has received

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  7. NBG strengthens capital at deep discount, falls short of initial target
    Photo by MacroPolis

    Agora

    by the management on November 3 when it presented its capital plan. This largely reflects the lower... noted on November 3 that part of the proceeds from the sale of its entire stake (100 percent

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  8. Greece concludes regional airports deal, more privatisations lie ahead
    Photo by MacroPolis

    Economy

    . The proceeds, including the regional airports, are seen at 3 billion euros. The deadline... than HRADF’s more ambitious target of 3 billion. In their last debt sustainability analysis (DSA) last

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  9. Economic sentiment and consumer confidence improve in Dec

    EconomyMacroeconomy

    confidence also improved by 3 points to -61.1 in December. Consumer confidence decreased by around... trends in December. The industry confidence increased for the fourth successive month by 3 points

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  10. Newsletter 58 - 15/01/2016

    Newsletters

    of GDP in 2016 and 3 percent until 2018. These projections do not take into account the impact... in expenditure on retirement pay of at least 3 percent of GDP. For the reasons mentioned above, the government

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