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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... the crisis, roughly 6 to 7 percent, exports to non-EU countries grew at a slower rate. In these markets, Greek exports rose on average by 3 percent per annum during the crisis compared to an average of 7
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingafter increasing in the previous quarter, while in corporate loans, NPE formation came to -6 million... was -66 million, followed by small businesses (-64 million) and consumer loans (-3 million..., and fell by an additional 2.1 billion to 3 billion in August 2018. Management noted that deposits
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A European intelligence school led by Greece and Cyprus?
Agorameans and increased investments for Europe’s defense policy. In a radio interview on November 6, 2018... on the basis of which EU member states could take action”[3]. Intelligence is a national prerogative... information sharing platform”. [2] https://pesco.europa.eu/project/joint-eu-intelligence-school/ [3] https
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBankingtargets, NBG’s NPE stock should stand at 12.6 billion by the end of next year, and at 6 billion... expenses rose by 3 percent QoQ to stand at 226 million euros. On an aggregate basis, expenses also showed an increase of 3 percent. The increase reflects a rise in consulting fees, with personnel expenses
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How Greece's electoral map changed radically over 10 years
AgoraOn the night of October 6 in 2009, Greek TV channels put up the map of the country's electoral... of 43.9 percent vs. 33.5 percent for ND. The socialists gained more than 3 million votes, while... by SYRIZA, a party whose main target two years earlier was to pass the 3 percent threshold to enter
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National Bank first to test market waters in post-election afterglow
Economyin markets, that part of the case is still sleeping off a post-election campaign hangover. The 6 percent... a few months ago, with yields doggedly above 4 percent for most of last year and only dropping below 3... conservative approach of selling about 3 billion euros of three or five-year securities. With about 35
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New Democracy tax pledges put spotlight on available fiscal space
EconomyProgrammeof around 6 billion euros over the next few years. This immediately prompted questions from... has asked government departments to find 3 billion euros of savings in order to fund the tax cuts... to 3 percent from 5. However, the biggest change is regarding businesses as New Democracy plans
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingmillion euros, showing a YoY rise of 6 percent. Ancillary fee volumes continued to show..., reflecting a fall of 2 percent YoY and 3 percent QoQ. The cost-to-income ratio stood at 51 percent... with Intrum and that the bank was preparing 3 billion euros in NPE securitisations in anticipation
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PDMA sets 2020 goals to build on improving conditions for debt
Economy. In most years, it ranges between 6 and 8 billion euros, limiting refinancing risks across medium..., in the volume of 3 billion euros, in line with the IMF repayment that took place this year. In scenario 1... regular market operations, 2) Lower funding costs further, 3) Contain interest rate, FX and refinancing
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E-commerce businesses report drop in sales due to Covid-19
EconomyFeaturesproblems and only 3 percent expected the epidemic to have no lasting impact on their business. Forty... of 5.4 percent, followed by clothing and footwear (+3 percent), automotive fuel (+2.2 percent... Commission showed that as of February, retail trade rose by 6 points month-on-month to 27.5 points
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