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  1. Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
    Photo by MacroPolis

    EconomyBanking

    attracted strong interest from overseas investors. It includes 632 properties, 30 percent of which... in Greece had risen by 900 million QoQ and 2.2 billion in H1. No impact was seen from the expiration... Fokion Karavias said the results for the second quarter had been strong and kept the bank in line

    8%

  2. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    , a strong increase of 74 percent QoQ. Operating expenses fell by 6 percent in Q3 to 249 million euros... (ELA) was completely eliminated during Q3. Interbank repos came to 2.2 billion in September from 3.3... on the results, Christos Megalou, CEO of Piraeus Bank noted the strong results for the quarter which had been

    8%

  3. Chasing investment, the Greek dream
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    Agora

    and international organisations that monitor the Greek economy. Investment spending has a strong multiplier... activity to its pre-crisis levels. When construction was king Greece experienced a strong period... the circumstances. Investments in other buildings and structures dropped from 2.2 billion euros

    8%

  4. BoG report highlights economic challenges, proposes way forward
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    Economy

    . Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2 percent... slightly outpace imports. The BoG reaffirms the strong fiscal performance over the last years, which saw... of institutions independence and the rule of law as strong institutions lead to robust growth rates and higher

    8%

  5. Newsletter 213 -07/01/2019

    Newsletters

    . Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2... reaffirms the strong fiscal performance over the last years, which saw the primary balance settle at 4.3.... After strong growth in recent months, June’s reading signals the lowest reading since November 2017

    8%

  6. Newsletter 238 -07/02/2020

    Newsletters

    , to 4.8 percent in 2020, 2.6 percent in 2021 and 2.2 percent in 2022. The long-term risk-free rates... Greece’s manufacturing industry had signalled a strong start to the year as production and new business... manufacturing sector since August 2019, and a strong start to the new year. A rise in production

    8%

  7. Newsletter 241 - 28/02/2020

    Newsletters

    takes note of the economic progress, with Greece expected to secure growth of 2.2 percent in 2019... positive, with strong signals from business and consumer sentiment that support the growth... NPL stock was now of utmost importance. 2 Economic sentiment at 113.2 in Feb Strong improvements

    8%

  8. Newsletter 372 - 03/03/2023

    Newsletters

    of the economy growing by 1.6 pct, on the back of moderating growth in private consumption, but strong... outlook for 2024, with the estimate doubling to 4.2 pct, from 2.2 pct in January. The improved growth... 2013. Although there are strong signs in the volumes of retail sales and building activity that price

    8%

  9. Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
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    EconomyMacroeconomy

    at just 1.2 pct. CPI will remain strong in 2023, dropping to 4 pct, from 9.8 pct in 2022 and falling... primary surplus is 2.2 pct of GDP from 2026, as high as 2.7 pct in 2028. The composition of revenues... this to “large inflation surprises and strong growth”.

    8%

  10. Newsletter 397 - 13/10/2023

    Newsletters

    political dominance in the second round of the local elections this Sunday, after a strong showing... their trust in New Democracy and the choices it made,” said Mitsotakis. ND has a strong chance of securing..., Moody’s indicated that it expects robust growth dynamics with an average growth of 2.2 pct over

    8%