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  1. Eighteen core goods led exports during crisis, NBG study notes

    EconomyFeatures

    . In the last eight years, German demand for Greek imports has risen by 15 percent. Meanwhile..., with a 26 percent market share, and is third behind Spain and Italy for olive oil exports, with 8

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  2. Soldiers' return from Turkey provides Tsipras with timely boost

    PoliticsGreek Politics

    Alexis Tsipras’s government received a much-needed boost ahead of the August 15 national holiday in Greece as Turkey announced the release of the two Greek soldiers it had been holding since March... on September 8, when he hopes to announce a package of tax cuts and spending hikes along

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  3. Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
    Image via www.eurobank.gr

    EconomyBanking

    by mortgages (-14 million) and corporate loans (-8 million) after having risen in the previous two quarters... of around 15 percent at the end of the period. He also noted the fact that the bank’s NPE ratio fell under

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

    EconomyBanking

    The results for the first nine months (9M) of the year showed a net profit of 40 million euros from a net loss of 15 million noted during the same period last year. Pre-provision income (PPI... to stand at 8 billion. P&L NII stood at 346 million euros in Q3, down by 1 percent, and declining by 16

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  5. Alpha Bank and Eurobank start new year with further bad loan sales

    EconomyBanking

    to stand at 8 billion euros. A sizeable development in the Greek banking sector also moved into its... accelerate NPE reduction to a ratio of approximately 15 percent by the end of 2019” and that the pile would

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  6. Travel balance rises by 21.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Payments also recorded a rise of 8 percent to 1.74 billion, which took the overall travel... within the EU 28 rose by 15 percent to 9.5 million. Arrivals from outside the EU edged down slightly

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  7. Details of bond issue give Athens boost in bid to establish market access
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    by a further 8 bps. Capitalising on those favourable market conditions, the PDMA decided to announce its... and the demand exceeded 10 billion euros, with 540 million joint-bookrunners interest, and at 15:30

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  8. Eurobank net profits from continued operations fall by 12.2 pct in 2018
    Image via www.eurobank.gr

    EconomyBanking

    million euros in 2018 compared to profits of 185.5 million in 2017, a rise of 8 percent. Factoring... that the merger would “substantially accelerate NPE reduction to a ratio of approximately 15 percent by the end

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  9. General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    underlying subcategories. The biggest fall came from tax refunds which fell by 8 million euros... (+15 million). Since the start of the year, total arrears have risen by 118 million, with declines

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  10. Eurozone set to give next govt until Sept to address fiscal issues

    EconomyProgramme

    meets again in July. There is a meeting of eurozone finance ministers scheduled for July 8..., Greece is due to send its draft 2020 budget to the European Commission by September 15. Earlier

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