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Banks meet NPE reduction targets in Q3, adjust targets for next two years
EconomyMacroeconomypercent, followed by small and medium-sized enterprises at 59 percent. As with previous quarters... portfolio. As with previous quarters, NPE outflow from collections, liquidations and loan sales...) reaching 64.6 billion in 2019. This is around 2.2 billion euros more ambitious than the previous
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Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
EconomyMacroeconomyfrom the previous month. On an aggregate basis, the collectability rate came to 68.1 percent... slightly from the previous month to stand at 662 million with a collectability rate of 86.8 percent... in the previous month, the number of tax debtors increased once more, rising by 36,364 to come to 4.2
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingmillion in the previous quarter, representing a quarter-on-quarter (QoQ) decline of 12.6 percent... 51.6 percent in the previous quarter. On an annual basis, the NPE ratio fell by 340 basis points... rise in the previous quarter. In the corporate loans sector, NPE formation stood at -62 million
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New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
EconomyMacroeconomyagainst the previous month’s figure of 1.26 billion. The VAT collectability rate fell to 83.9 percent... euros in the previous month, while the collectability rate improved to 62.1 percent. Corporate... million against the previous month, and with a collectability rate of 75 percent. More than 90
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingto profits of 34.5 million in the previous quarter. Net results before discontinued operations... after increasing in the previous quarter, while in corporate loans, NPE formation came to -6 million... in the previous quarter. NPL formation declined in three out of the four main sectors. In mortgages, the decline
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyquarter (Q3) of 2018, after an upwardly revised increase of 0.4 percent in the previous quarter... expenditure rose by 2.4 percent versus the previous quarter. Gross capital formation jumped by 15.6... has stayed above 2 percent for four out of the five previous quarters. In addition, GDP at current
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Newsletter 186 -07/12/2018
) in the third quarter (Q3) of 2018, after an upwardly revised increase of 0.4 percent in the previous quarter... versus the previous quarter. Gross capital formation jumped by 15.6 percent QoQ after a rise of 6.8... from the increase of 1.3 percent noted in the previous quarter. General government consumption rose
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Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM
EconomyMacroeconomy, the outstanding balance decreased to 170.29 billion from 173.47 billion in the previous month and stayed... to -75 million from -123 million euros in the previous month. The balance of credit to non-financial... seen in the previous month. The latest month’s reading took the balance to 76.38 billion
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Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
EconomyMacroeconomyto 169.42 billion from 170.29 billion in the previous month and stayed under the 180-billion euro mark... million in the previous month. The balance of credit to non-financial corporations was negative by 216 million euros, reversing the positive balance of 1.04 billion seen in the previous month
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Credit contraction falls to 0.1 pct in April, balance at 161.82 bln
EconomyMacroeconomyto 161.82 billion euros from 162.26 billion euros in the previous month. After two positive months, the net... of -202 million euros compared to -142 million in the previous month. This resulted in the household loan... euros, almost fully reversing an increase of 28 million seen in the previous month. The outstanding
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