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Apartment prices up by 4 pct in Q1 for highest increase since 2007
EconomyMacroeconomyquarter of YoY property price increases. Compared to the previous quarter, apartment prices rose..., respectively. Apartment prices in Greece began to decline in the first quarter of 2009... percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices
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Apartment prices rise by 9.1 pct in Q3, hitting series high
EconomyMacroeconomypercent and 1.6 percent, respectively. Apartment prices in Greece began to decline in the first quarter... apartment prices showed a YoY drop of 12.8 percent. The ongoing stabilisation of property prices.... The latest YoY apartment price increase overall beats the series high of 8.7 percent noted in Q1, 2007
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Greek apartment prices down 5.8 pct in Q4 2014
EconomyMacroeconomyThe drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent... indicates the twenty-third consecutive negative reading since Q1 2009. Apartment prices also fell by 1.5.... For the whole year, apartment prices declined by 7.5 percent after decreasing by 10.9 percent
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Rate of drop in apartment prices picks up again in Q2
EconomyMacroeconomyAfter decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated.... Apartment prices also fell quarter on quarter (QoQ) for the seventeenth successive quarter by 3.4 percent, which is the fastest pace since Q3 2012. As a result, the index of apartment prices dipped
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomyGreek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating... successive quarter since Q1 2009. Apartment prices also declined quarter on quarter (QoQ) for the 18th.... In absolute terms, the index of apartment prices fell to a new historic low of 60.1 in Q3
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Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015
EconomyMacroeconomyGreek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly... in Q4 from decline of 1.4 percent QoQ in Q3. In 2015, apartment prices declined for the 7th consecutive.... In absolute numbers, the index of apartment prices dropped to a new historic low of 59.8 in Q4. Since hitting
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingquality front, the bank reported a negative non-performing loan (NPL) formation for the first time since..., the NPL stock edged down for the second straight quarter by another 0.5 billion to 26.4 billion at the end of March. However, due to the continued deleveraging, the NPL ratio edged up to 39.8 percent
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingbps QoQ. The domestic non-performing loan (NPL) edged down to 7.1 billion euros in Q2 from 7.5 billion euros in Q1. This led the group NPL ratio to stand at 20.9 percent. The NPL coverage ratio stood... to 44.4 percent. Total coverage stands at 101.3 percent. NPL balances in Greece declined by 1.6 billion
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Apartment prices rise 3.2 pct in Q1
EconomyMacroeconomy. Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall was posted.... The sharpest quarterly rate of decline was seen in Q1 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have retained an upward trajectory, reflecting
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBanking-performing loan (NPL) ratio dropped QoQ to 33 percent from 33.6 percent in Q3 and mainly results from write-offs of 800 million euros in Q4. Excluding write-offs, the comparable NPL ratio would have increased to 33.8 percent. The NPL formation peaked in Q4, after a decelerating trend in the preceding
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