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General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
EconomyMacroeconomymonths of the year, revenues increased by 6 percent YoY to 52.49 billion. In absolute terms... by state budget arrears (+17 million) and extrabudgetary funds (+6 million). Declines were seen in SSFs (-11 million), hospitals (-6 million) and local governments (-4 million). Since the start
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBanking. Deposits in Greece grew to 47.1 billion at the end of 2019, a rise of 6 percent YoY. Private sector... in 2019 stood at 982 million, a drop of 6 percent YoY. This trend improved the group’s recurring cost... increased by 6 percent. Overall deposits stood at 47.4 billion euros in 2019. Capital The pro-forma
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Newsletter 266 -18/09/2020
estimates for 9 pct recession this year and 6 pct growth in 2021, which suggests that Greece... deficit of 6 pct of GDP, as spending has increased, and tax revenues are suffering from due to the crisis..., saw their prices increase by 3.2 percent in Q2 versus a downward revised increase of 6 percent in Q1
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Newsletter 269 -16/10/2020
to extend its territorial waters from 6 to 12 nautical miles or lose all credibility in Progress... currently extend 6 nautical miles, adding that the option of extending to 12 miles will be exercised... deficit will reach 6 pct of GDP this year and fully recover towards balance in 2021 at 0 pct. However
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NBG posts 557 mln profit in Q1
EconomyBanking63.3 percent. P&L Net interest income (ΝΙΙ) rose 6 percent YoY to 294 million, though it was down 6... percent, exceeding the minimum regulatory levels by more than 6 percentage points. When completed
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Newsletter 313 - 22/10/2021
and could add as much as 6 percentage points to the debt load and will be even more compounded once... this promise given that the Finance Ministry expects the economy to grow by at least 6 pct this year... to below 6 billion euros, beating the target by 2.9 billion euros. Industrial turnover The recovery
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NBG profits up to 714 mln in 9M as NPE ratio is reduced further
EconomyBankingin 2020, was up by 6 pct at 1.11 billion euros. Asset quality NPEs continued to drop, standing at 3.7... billion euros. The bank’s guidance for next fiscal year is 1.8 billion euros of NPEs and a ratio of 6 pct... capital ratio reached 17 pct, comfortably exceeding the minimum regulatory levels by more than 6
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NBG reports profits of 833 mln in 2021
EconomyBankingare in default, at 3 billion euros. The bank’s guidance for 2022 is 1.8 billion euros of NPEs and a ratio of 6... euros. Operating expenses in 2021 were limited to 783 million euros, a 6 pct drop YoY. Balance Sheet... the minimum regulatory levels by more than 6 percentage points. When completed, the Frontier securitisation
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Newsletter 380 - 12/05/2023
. PASOK is stable at 9 pct, while voting intentions for KKE are 6 pct, followed by MeRA25 at 3.3 pct... a point to 8.5, KKE is at 6 pct, MeRA25 on 4 pct and Greek Solution on 3 pct. There is still... they are leaning towards supporting, 11 pct say ND and 11 pct say SYRIZA, followed by 6 pct for PASOK
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros... million lower the target. Property tax revenues amounted to 2.09 billion, 6 million below the target..., below the target by 899 million. PIB expenditure came to 6 billion euros, above target by 507
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