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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingto profits of 1.1 million in the previous quarter. As the results revealed, higher commission income... PPI increased by 1.1 percent to 627 million euros. Asset quality The non-performing exposure (NPE... quarters. As mentioned, the target for NPE stock across the rest of the year is for the total to stand
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CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
EconomyMacroeconomyaverage HICP for 2017 was positive by 1.1 percent. The main driving force behind the year-on-year... in miscellaneous goods and services (-2.2 percent), household equipment (-2.1 percent) and clothing... percent) and hotels, cafes and restaurants (+1.1 percent). Month-on-month, the CPI fell by 1.6
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Newsletter 224 -18/10/2019
this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent... surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF... it expects to run a total surplus of 0.1 percent next year. Tax repayment scheme receives strong
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturesas well as Jordan. Cyprus is still backing the building of an LNG terminal at Vassilikos... at the crossroads of a number of major energy infrastructure projects, including pipelines and LNG terminals... important to note that Egypt already has substantial under-utilised LNG export infrastructure, limiting
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Government attempts to offer reassurance against winter energy shortages
PoliticsGreek Politicsas long as LNG continues to be available. Among the reasons behind his optimism, the minister’s statement listed the increase in storage capacity at the country’s only LNG terminal at Revithoussa... stand ready to place additional orders for LNG and pipeline gas via the TAP pipeline
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GDP growth slows to 0.3 pct QoQ, investments underwhelm
EconomyMacroeconomymovements in Q3 were led by a rise of 0.1 percent QoQ in final consumption. Investments decreased by 1.1... was revised slightly down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability report that was published in October, Bank of Greece (BoG) sees 2024 growth at 2.2 percent, and 2.5 pct
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Newsletter 219 -13/09/2019
contributions, which is set to begin next summer, has an estimated cost of 200 million euros. The total... billion, lower than the figure for the same period last year by 17.7 percent. In June the total stood...-on-month in July, bringing the total to 3.64 billion euros compared to 3.36 billion in June
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Newsletter 210 -07/06/2019
by the government before the EU elections on May 26 would have a fiscal impact of 1.1 to 1.4 percent... in as many months. The total number of permits came to 1,156, rising above the 1,000-permit mark after... euros. As of April the total for overdue debt, including both new and legacy debt, stands at 104.56
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyrevenue targets included revenues of 884 million euros from the first two instalments of the new
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Disposable income falls for second straight quarter, by 0.7 pct in Q2
EconomyMacroeconomyof 1.1 percent in taxes on income and wealth. Disposable income has tumbled by 27.5 percent...’ total remuneration continued to grow for the fourth successive quarter, increasing by 3.4 percent in Q2... the recent upswing, the absolute figure in total remuneration of 15.11 billion in Q2 is 28 percent, or 5.87
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