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CPI increases by 1.6 pct in April
EconomyMacroeconomypercent), health (-2.8 percent) and miscellaneous goods and services (-2.2 percent). Prices... are projecting a higher growth of 1.1 and 1.3 percent respectively this year. In addition, the IMF is also
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IMF sees eurozone debt relief pledges failing to deliver sustainability
EconomyProgramme. The primary balance is seen at 1.7 and 2.2 percent of GDP this year and next, reaching 3.5 percent... 1.1 percent of last year’s GDP. The Fund argues this a realistic projection given Greece’s track
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Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBankingsuccessive quarter by 1.1 billion QoQ and landed at 23 billion. As a result, the NPL ratio fell..., the cost of risk stood at 2.2 percent, at the high end of management expectations. Balance Sheet
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Coalition banks on surplus transfers, waits for Hellenikon verdict
PoliticsGreek Politicsreaching 2.2 percent of GDP, against a target of 1.75 percent. This would allow the government to redistribute roughly 1.1 billion euros. Around 800 million euros will be directed towards vulnerable
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IMF still sees fiscal gap in 2018 - no action needed, for now
EconomyProgrammethis year and -1.1 percent of GDP in 2018, reaching a remarkable overall surplus of 0.2 percent of GDP in 2019. The primary balance is seen landing at 1.7 percent of GDP this year and 2.2 percent in 2018
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PM hopes to avoid stumbling blocks amid numerous outstanding review actions
PoliticsGreek Politicsa figure of 2.2 percent of GDP, while the eurozone expects 3.5 percent, which is the programme... that Athens will not contribute any more than 1.1 billion euros and that this will be spread over 10
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Debt relief-for-reforms option being discussed for post-programme era
EconomyProgrammeof the year. He said that the primary surplus would exceed even the 2.2 percent of GDP recorded in the draft 2018 budget and would allow the government to hand out at least 1.1 billion euros
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Banks meet NPE reduction targets in Q3, adjust targets for next two years
EconomyMacroeconomytheir NPE targets submitted last September to the Single Supervisory Mechanism (SSM) of the ECB by 1.1...) reaching 64.6 billion in 2019. This is around 2.2 billion euros more ambitious than the previous
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Stress test assumptions cause few concerns for Greek banks
EconomyBankingby 2020 from 19.9 in 2018, prices are projected growing by a steady rate of 0.9 to 1.1 percent... the baseline levels whereas commercial property is also seen falling by 9.2, 6.1 and 2.2 percent
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Banks gear up for stress tests, with results due in May
EconomyBankinggrowing by a steady rate of 0.9 to 1.1 percent, residential real estate values will drop marginally... is also seen falling by 9.2, 6.1 and 2.2 percent in the 2018 – 2020 period, again 17.4 percent below
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