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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankingmillion euros bringing the stock to 32.9 billion in Q4 2017. Across the year, NPEs were reduced by 3... and providing financing of more than 3 billion to our clients in Greece.”
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PM tries to halt election speculation as poll gap widens
PoliticsGreek Politicsperiod, suggesting that the gap between the two has widened by almost 3 points. Centre-left Movement.... The Metron Analysis poll, like other surveys, shows ANEL on 2.5 percent, which is just short of the 3
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingquarters in which NPE formation has declined. The bank reported that YoY, NPEs have been reduced by 3... adoption of the IFRS9 accounting policy for exposures in Stage 3 (1 billion euros). Net fee
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Lower yields for short- and long-term borrowing boost Athens
EconomyMacroeconomyof 2014, rising to just below 3 percent until June last year. Over the last few weeks, Greece’s long... exchanged. The subsequent benchmark maturity is for 3 billion euros in August 2022.
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Banks focus on defining challenge of reducing NPEs
EconomyBanking3 cents on the euro of loan principal sold, which translated into 45 million euros for the whole... is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingformation has declined. The bank reported that year-on-year, NPEs have been reduced by 3 billion... of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new and 50 percent rolled over
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BoG report outlines benefits of surveillance and scenarios for debt
EconomyBankingin scenario 3 primary surpluses lower than 2.2 percent that the Eurogroup assumed, at 1.5 percent... meets this criterion. However, scenario 3 of lower primary surplus breaches the 20 percent threshold
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For better or worse: Greece's bailout exit deja vu
Agoraprogramme were for a primary surplus of 3 percent in 2015, going up to 4.5 percent of GDP in 2016..., Greece was expected to reach a primary surplus of 1.5 percent of GDP and double it to 3 percent
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IMF voices concerns over long-term debt, sees more relief being needed
EconomyProgrammea primary surplus of 2.2 percent of GDP on average and a long-term nominal growth of 3 percent... in at 2.7 percent instead of 3 percent. Even in this scenario, which is closer to the European
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturesare considered to be rising export products, meaning that although they make up 3 percent of Greek..., Greek exports rose on average by 3 percent per annum during the crisis compared to an average of 7
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