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Greek pensions laid bare
Agorapaid in March with a cost of 277 million euros, which corresponds to an average supplementary pension... there are adequate financial resources to support the health system as an extra safety net. It can redirect financing
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Primary cash balance posts deficit of 316 mln in first 5 months
EconomyMacroeconomyof the year. It is noted that, excluding arrears’ payments, the respective figure dropped by 277 million... stemmed from a rise in net revenues by 3.7 percent coupled with a drop in expenditure by 3 percent
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Primary cash surplus at 20.34 bln in November as revenues grow
EconomyMacroeconomymillion euros to stand at 253 million. On an aggregate basis, interest payments showed a decline of 277... billion euros. Primary expenditure came to 37.35 billion euros and was below target by 1.25 billion. Net
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ELA funding down by 8.6 bln in Dec for sharpest drop since July
EconomyMacroeconomytwo Greek banks (NBG and Piraeus) received as state aid in their recapitalisation process... to 40 billion at the end of December and relate to the mentioned ESM bonds received as state aid... that banknotes in circulation had grown by 20.34 billion since December 2014, when the country entered
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoraenhanced with two banks, NBG and Eurobank posting net profit of 87 and 60 million euros respectively, while Alpha and Piraeus recorded relatively modest net losses of 2 and 37 million respectively. The first positive development relates to a further quarter on quarter (QoQ) improvement in their net
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Greek fiscal deficits and debt since 2000
Agoraoverall debt and, beyond debt, the state’s net worth.[1] Data in the general government bulletin... receivable in Line 3a. and is therefore somewhat less relevant for our present purposes in net terms.[3... at ELIAMEP. [1] Net worth is the best summary indicator of the state’s financial health. We are not aware
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Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
EconomyBankingEurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs... was 86.4 percent, up by 10.9 percentage points. P&L Net interest income in 2023 increased by 46.9 percent
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General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomyby 676 million in the fourth quarter of 2015, arrears posted a net increase by 1.56 billion...-sectors posted an insignificant net change within 2015. In particular, Tax refunds’ arrears landed... in the EFSF/ESM/IMF loans reflecting state aid to banks (5.43 billion), disbursement of the last sub
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Opposition parties continue to pursue wiretap claims, as surveillance bill passes first hurdle
PoliticsGreek Politicsthe intelligence service EYP to the operation of the Predator spyware via a government contractor... from invoices and bank statements pertaining to the activities of EYP contractor Krikel, which..., transactions totalling 5.3 million euros linked to the government contractor appear to have escaped
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Can Greece learn to love renewable energy?
EconomyFeatures--new-renewable-energy-law-provides-feed-in-premiums-and-virtual-net-metering_100025713... in the energy market and will be given a variable premium, in addition to the standard market price.../uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas
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