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After Q3 results, what next for Greek banks?
AgoraThe announcement of Greek banks’ third quarter (Q3) results did not result in any major surprises, while at the same time confirming expectations of a domestic net interest income (NII) rebound, cost... they earn on loans minus the interest they bear on deposits) showing a high single-digit growth
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Narrowing of trade deficit slows in November as exports fall 22.5 pct
EconomyMacroeconomyat a higher rate than imports. The low single-digit drop in November reflects imports falling by 15.3... general government net transfer receipts from the EU.
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Greek trade deficit narrowed 11 pct in 2013 but exports marginally negative
EconomyMacroeconomyto exports decreasing at a higher rate than imports. The high single-digit drop in December reflects... surplus by mainly owed to the SMP income of 2.03 billion as well as higher general government net
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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
Economymillion last year, which is way above the 193-million target. As a result, net revenues exhibited... expenditure items such as grants to Single Health Services Organisation (EOPYY), social protection
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PASOK stakes coalition survival on voters’ fear of uncertainty
PoliticsGreek Politicsparties will remain in single digits on May 25. Even if New Democracy performs more convincingly... a safety net for PASOK by arguing that the results of the local elections (on May 18 and 25) should
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NPLs: The Achilles heel of the Greek banking system
AgoraHaving completed capital increases of 8.3 billion euros, which more than covered the capital needs identified by the Bank of Greece (BoG) under the baseline scenario, the single most important risk... percent is depicted in one of the many busy tables of the report. The IMF also stressed that NPLs net
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Central gov't primary cash surplus reaches 1.37 billion in first half of year
EconomyMacroeconomyGreece’s central government net balance to June on a cash basis showed the deficit shrinking by 78 percent, or 6.8 billion euros, to 1.82 billion from 8.72 billion last year, according to the Bank... a single-digit drop of 6.5 percent to 23.44 billion. The respective 5-month budget figure stood
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Greek cash deficit to July narrows 78.3 pct to 1.72 bln
EconomyMacroeconomyGreece’s central government net balance on a cash basis showed the deficit narrowing by 78.3 percent to 1.72 billion euros in the 7-month period from 7.93 billion last year, according to the Bank...’ contribution to ESM - the underlying figure showed a single-digit drop of 6.1 percent to 28 billion
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Paris talks mark start of Greece's most crucial troika review
EconomyProgrammewill touch upon the fiscal gap for 2015, tax breaks, adjustments to the single property tax (ENFIA... finances, since the net revenue shortfall from heating oil stood at 750 million for the 2-year period
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economysingle property tax (ENFIA), the payment of which was postponed for the end of September. This makes... to the implementation of clawback and rebate mechanisms for 2013. The end-July figure of 4.66 billion implies a net
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