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Drop of 4.1 pct YoY for car sales at start of 2026
EconomyMacroeconomycars had a drop of 2 percent. Lorry sales were up by 2 percent in January, and buses dropped by 28.8... by 4.8 percent, lorries increased by 14 percent and buses rose by 7.6 percent.
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Newsletter 12 - 23/01/2015
whether Antonis Samaras should continue as the conservative party’s leader. A small defeat of about 2.... Kathimerini daily noted that extraordinary T-Bill issues of 1.5–2 billion may be required to cover...- and 6-month T-Bills of 7 billion in the coming two months, 2.4 billion in February and 4.6 billion
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The immediate economic and financial hurdles for the new Greek government
EconomyProgramme2 billion euros and new funding could stem from extraordinary T-Bill issues of 1.5 – 2 billion... at circa 2 billion. However, since the previous government has exhausted the 15-billion-euro limit... would be required to cover also the rollover of T-Bills totaling 7 billion in the coming two months
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The key points from lenders' proposals to Greece
EconomyProgrammeprimary surplus targets of 1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... for everybody retiring after June 30 2) Consolidation of all supplementary pension funds...) Freeze monthly guaranteed contributory pension limits in nominal terms until 2021 7) Increase
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Greece seeks 3-year programme that could exceed 65 bln
EconomyProgramme, 2) Redemptions of Greek government bonds held by the Eurosystem of 14.3 billion 3) Redemption... are required for clearing state arrears to the private sector (7 billion) as well as rebuilding buffers... for privatization proceeds of 2 billion and primary surplus of 9.4 billion that could reduce accordingly funding
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomybillion that have not been collected yet. 2) Non assessment (and consequently non payment) of the first... in early October. Expenditure Primary expenditure slipped by 2 percent in August, which indicates... of the FY target of 750 million) 2) Other social security funds expenditure (at zero versus an annual
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NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
EconomyBankingmillion and goodwill write-off of 432 million) 2) One-offs of 138 million, with the bulk stemming from..., Greek lending spread fell 7 basis points (bps) QoQ resulting in lower loan NII. For the whole year... rose 2 percent QoQ, while eased 0.3 percent to 1.3 billion for the whole year. In Greece, costs fell
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Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgrammedisbursed last August, 2 billion in November and another 1 billion in December. In addition, another... of 31.5 billion, clear arrears up to 7 billion and building state deposits by 5 billion at the end... euros (1.5 billion in Q1, 9.6 billion in Q2, 2 billion in Q3 and 5.1 billion in Q4), while an amount
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Newsletter 100 - 16/12/2016
that it is not willing to countenance the idea of adopting further measures to close the 2 percentage point fiscal gap... in Berlin on Friday with the impression that the IMF’s demands for another 2 percentage point... to a drop of 7 percent. Moreover, the corresponding surface and volume figures recorded a bigger
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingincreased by 2 billion QoQ to 8 billion in March, at a cost of -7 bps. The bank said it participated... and liquidations (4.5 billion). Selected sales are seen at 2 billion. P&L Net interest income (NII... banking and asset management with risk-weighted assets (RWAs) of 28.4 billion and an NPL ratio of just 2
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