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Capital controls to be abolished ahead of schedule
EconomyBankingChristos Staikouras said that all restrictions currently in place would be lifted on Sunday, September 1... per customer every two months, effective from July 1, 2018. Most significantly, businesses were
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingfor Eurosystem funding is made up fully of European Central Bank funding. As of Q2, ECB funding rose by 1... percent compared to 104 percent in Q1 2019. Capital The Common Equity Tier 1 (CET1) ratio stood
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IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgrammegrowth below 1 percent, the Fund estimates that will take 15 years for per capita income to return... and spending measures announced by the government. The shortfall is reportedly seen at around 1 billion
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Newsletter 223 -11/10/2019
, PDMA underlines. Following an initial guidance of 1.55 percent and a minimum tap of 1 billion euros... in September, staying unchanged from August. Additionally, the goods’ index fell by 1 percent while
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomy, which was scheduled to bring 1 percent of GDP in added revenues next year, and the new... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year
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ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politicstheir support drop by 1 percentage point since September, but New Democracy is on 38.5 percent, with SYRIZA... taxation, 10 percent identified law and order issues and 8 percent investment. Just 1 percent pointed
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Central government debt down to 353.85 bln in Q3, average maturity stable at 21 years
EconomyMacroeconomy-term (over 5 years) debt made up 77.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.1 and 10.3 percent of the total figure, respectively
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBanking-provision profit (PPI) rose by 1 percent quarter-on-quarter (QoQ) to 209.9 million euros. In 9M, PPI... 95.5 percent a year ago. Capital The phased-in Common Equity Tier 1 (CET1) ratio came to 16.3 percent
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Newsletter 230 -29/11/2019
to 1.59 billion. The PIB balance landed on a deficit of 1 billion euros. The primary surplus surpassed its... million euros. In addition, sight deposits decreased by 1 million euros. Time deposits declined by 274
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicselections), which will be the equivalent of 0.5 pct of GDP, or 1 billion euros, and the new... will apply from January 1, are seen by the government as ways of securing or winning over the support
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