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  1. Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
    Photo by MacroPolis

    EconomyBanking

    million in Q2. As mentioned, the target for NPE stock across the rest of the year is for the total... are in Athens and Thessaloniki. The total portfolio is worth around 22.8 million. P&L NII was more or less... management. On an aggregate basis, commission income rose by 5.5 percent to 137.9 million. Net fee

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  2. Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year

    EconomyBanking

    with total on-balance sheet gross book value of approximately 1.8 billion euros, code named Project Neptune... with total on-balance sheet gross book value of 1.9 billion euros, code named Project Orion. In total, these sales are worth 3.7 billion euros and are expected to help keep the bank on track with its

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  3. Newsletter 293 - 16/04/2021

    Newsletters

    privatization receipts (303 million). State budget total revenues stood at 12.5 billion euros for the first three months, lower than the target by 733 million euros, or 5.5 percent. The full revenue breakdown... obligations from tax categories showed a rise of 974 million euros month-on-month, bringing the total

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  4. Newsletter 330 - 04/03/2022

    Newsletters

    index of prices that it monitors, which pushed up for Greece to 6.3 pct in February, from 5.5 pct... dominated by the imports of fuels, with total imports from Russia at 4 billion euros, from close to 7... billion euros, or 11 pct of the total. The current direct impact on tourism is mostly measures

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  5. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    with non-financial corporations following with 7.2 billion (23 percent of total). The bulk of outflows, 27.6 billion corresponding to 88 percent of total, stemmed from time deposits. Sight deposits... foreign investor participation in T-Bill rollovers. In the December to April period, total deposit

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  6. Declared income falls 28.7 pct from 2011 to 2014, salaries and pensions suffer most

    Economy

    A total number of 8.52 million individuals declared annual net income of 73.93 billion euros...-earners and pensioners consistently make up more than three quarters of total declared net income... of total) in 2014, while that for farmers reached 1.34 billion and accounted for just 1.8 percent of total

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  7. General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
    Photo by Panayotis Tzamaros/Fosphpotos

    EconomyMacroeconomy

    ) of total expenditure relates to social benefits, which stood at 12.24 billion, while compensation of 5.24 billion makes up 21.7 of the total figure. Arrears Arrears to the private sector (including... up 45.6 percent of the total figure followed by tax refunds of 1.05 billion (21.2 percent

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  8. Newsletter 175 -21/09/2018

    Newsletters

    , or the equivalent of roughly 21 to 38 percent of the current total. In an interview with Kathimerini... be reducing NPLs in the banking sector. Out of total mortgage loans of 63.5 billion, 44.3 percent or 28.13... points (pps) below the eurozone average of 14.8 percent. Out of the total, the biggest growth

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  9. Newsletter 215 -19/07/2019

    Newsletters

    of 7 billion euros, with the total this year reaching 7.5 billion. Greece’s debt managers note... according to the monthly Bank of Greece's (BoG) financial statement. The total for central bank... Central Bank (ECB) funding, bringing the total to 8.61 billion euros, while Emergency Liquidity

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  10. After local elections in Turkey, Athens hopes recent tension with Ankara will ease
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    sources, the Turkish Ambassador to Greece, Burak Özügergin, has given reassurances to his interlocutors

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