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Deposit interest rates largely unchanged in April, average loan rate increases
EconomyMacroeconomy(mostly credit cards) edged down by 2 bps to 14.52 percent. Moreover, the housing loan rate fell by 7...Greek households’ new time deposit rate edged up by 2 basis points (bps) to 0.68 percent in April... area average rate of 0.42 percent. Taking into account a slight drop of 2 bps in the corporate
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBanking) and operating income. For 2017, core PPI increased by 2 percent year-one-year to 1.21 billion. Asset quality Non-performing exposure (NPE) stock in Greece fell for the fourth quarter in a row by around 2... Assistance (ELA) funding was reduced by a total of 6.2 billion since December 2016 to 7 billion in December
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Newsletter 169 -06/07/2018
, 30 or October 7. Then, his government will have to get parliamentary approval for the changes..., growing by 2 percent this year, 2.3 percent in 2019 and 2.4 in 2020. As employment conditions improve.... Employment is expected to grow by 2 percent annually, taking the unemployment rate to 16.5 percent
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Newsletter 186 -07/12/2018
in bonds maturing in 2019, while the repayments to the IMF amount to just short of 2 billion euros... to a report in To Vima weekly last weekend, Greece will look to raise 7 billion euros from the markets...’s growth to 1.7 percent. On an annual basis, GDP growth has stayed above 2 percent for four out
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Newsletter 197 -8/03/2019
, as well as the demand for a primary surplus of around 2 percent for the medium-term. He argued... oversubscription as offers reached 11.8 billion euros. Greek authorities had initially been looking to raise 2... strategy, which had a baseline scenario of raising 7 billion from new debt issuances. The yield
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Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
PoliticsGreek Politicscounted, New Democracy had 33.2 percent (7 MEPs) of the vote and SYRIZA 23.9 percent (6 MEPs... few days. Centre-left Movement for Change (KINAL) gained 7.1 percent (2 MEPs), the Communist Party (KKE) 5.7 percent (2 MEPs) and Golden Dawn 4.8 percent (2 MEPs). Beyond the considerable winning
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Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Economysurpassed its initial target of 7 billion euros, with the total this year reaching 7.5 billion. Greece... with a guidance of 2 percent. The book continued to attract strong interest and closed just before lunch... and a yield of 3.6 percent. The new issue matures on April 2, 2024. The January issue was met
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Newsletter 215 -19/07/2019
to announce 2 billion euros of spending cuts and savings to counterbalance the 6 billion euros in tax... of 7 billion euros, with the total this year reaching 7.5 billion. Greece’s debt managers note... (IoIs) exceeding 10.5 billion euros, before the book officially opening with a guidance of 2 percent
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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeatures, will be carried out in phases. The first phase is budgeted at 2 billion euros, almost double the original plan... of the coastal front. Of the 2 billion euros for the first phase, 850 million euros will come from... is budgeted at 2 billion euros. Overall, five multistorey buildings of 200 metres and 10 landmarks
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PDMA sets 2020 goals to build on improving conditions for debt
Economyin 2019 for a total amount of 9 billion euros, in 5-, 7-, 10-year issues and a tap through... percent from 2024 onwards, inflation at 2 percent, an average effective rate on the debt at 3.4.... In scenario 2, which includes early official sector repayment, the new transactions will come to 8
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