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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingdeposit cost, while loan NII slightly eased. It is noteworthy that Greek NII improved QoQ for the seventh... primarily led by an 8 bps improvement in the Greek NIM. The lower deposit cost mainly stems from.... The decline fully reflects the Greek operations, where private and public sector deposits contracted
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Tsipras seeks tone of cooperation and persistence at Merkel talks
PoliticsGreek PoliticsA lengthy meeting between Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel... audience. He became the first Greek prime minister to raise the issue of Second World War... scandal, which is another issue that no previous Greek leader has discussed in public in Germany. Tsipras
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Greece and lenders fail to bridge their differences in Brussels
PoliticsGreek Politicsmust be reached, their presence in the Belgian capital suggested that the Greek leader is making... worth of annual, permanent fiscal measures. The Greek side, though, insists that it put forward... in early June, the Greek government targeted a primary surplus of 0.6 percent of GDP for 2015 and 2.5
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SYRIZA seems to be mulling a switch in Greece's energy policy
PoliticsForeign PolicyDepartment’s Special Envoy for International Energy Affairs Amos Hochstein to the Greek capital... and held talks with a number of Greek officials including State Minister Nikos Pappas, who is one of Prime.... Speaking to Greek daily To Vima he urged Athens to take immediate and crucial decisions
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBanking(bps), yet new production is coming in at 106 bps in September. The Greek lending spread was also... sheet items showed a 0.9 percent contraction on gross loans to 73.3 billion with the Greek figure easing 0.5 percent QoQ. As expected, Greek deposits posted a high single-digit drop by 9.1 percent
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Paris attacks change backdrop for Tsipras visit to Turkey
PoliticsForeign Policyinto perhaps the most crucial visit of a Greek premier to Greece's neighboring country, as it takes... to the Greek premier that he postpone his trip to Turkey, especially following the Paris terrorist... on Climate Change. Europe will be monitoring the Greek PM's visit to Turkey since it will serve
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NBG strengthens capital at deep discount, falls short of initial target
Agorait will also launch a Greek public offer for new shares on or around November 30 for a targeted amount... secured so far a capital strengthening of 1.17 billion euros and if the proceeds of the Greek offer... in a further capital boost of 308 million. Overall, under the assumption of a successful Greek offer
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Greece and the IMF: An everlasting love-hate relationship
Agorabeen scratching their heads over the past few days after the Greek government indicated that it would... that the Greek government itself is unclear about exactly why it wants to shut out the IMF. The indications..., for instance, seems less likely to accept a Greek proposal for the sustainability of the pension system
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Will Tsipras ride the waves in 2016?
Agoraan end to the Greek bailouts and the troika’s demands but has spent the last part of 2015 implementing... by the previous conservative-socialist alliance: The sale of the Greek Horseracing Organisation (ODIE..., including those linked to primary residences, are the most challenging issues that the Greek government
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Hope of economic, trade benefits drive Tsipras's landmark visit to Iran
PoliticsForeign Policyand European Union,” Tsipras said during his visit to Tehran. The Greek prime minister has urged... and construction sectors. Iran’s isolation means infrastructure there is lagging and there are plans for Greek... during Foreign Minister Nikos Kotzias' visit there in November. The Greek government is hoping
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