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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingPiraeus Bank’s first quarter (Q1) results revealed net results from continued operations showing a profit of 14 million euros compared to a net profit of 145 million in Q4 2018. The latest results reflect a fourth continuous quarter of profitability for the bank. Net results overall came
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingPiraeus Bank’s final quarter (Q4) results showed profits of 189 million euros compared to a net profit of 49 million euros in Q3 2019. The latest results mark a sixth consecutive quarter where net results have landed in profit. For 2019, net results showed a profit of 270 million euros versus net
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Greece tax wedge rises two places to 13th highest among OECD countries, report finds
EconomyFeaturesby the employee. The results showed that in Greece, an average single worker faced a net average... of benefits to families, a single-earner family with two children in Greece was found to have..., the tax wedge for the average single worker in Greece rose by 0.1 percentage points (pps) from 40.8
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Newsletter 263 -11/09/2020
(including the Covid-19 impairment impact of 324 million). Net profits in Q2 came to 82 million versus... the pandemic and posted a net profit of 465 million euros from continued operations in H1, compared to 245 million euros in H1 2019. On a quarterly basis, net results showed a profit of 58 million
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Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln
EconomyMacroeconomyof Greece (BoG) data showed on Friday. The net lending flow turned positive for the first time since June 2015 with net loan additions of 210 million euros in December from deductions of 458 million... eased to 96.36 billion euros in December. Following the positive flow in December, the full year net
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Net job hirings rise again, reaching 19,281 in July - highest since 2001
EconomyMacroeconomyThe employment balance was kept positive for the sixth successive month with net hirings reaching 19,281 in July 2016 from net departures of 16,658 a year ago, the Labour Ministry’s information... that the 15-24 years old group recorded net hirings of 22,533 followed by the next age group (25-29
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingeuros compared to a net profit of 14 million in Q1 2019. The latest results mark a fifth continuous quarter where results have landed on a profit. Net results overall came to a profit of 19 million euros, unchanged from Q1. In the same quarter last year, net results reflected a profit of 24 million
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Eurobank net results show loss of 1.08 bln in 9M
EconomyBankingEurobank recorded net results of a loss of 1.08 billion euros in the nine-month period (9M) of 2020 compared to net profits of 94.3 million in 9M 2019. Adjusted net profits came to 348.4 million euros compared to 161.4 million euros in 9M 2019. On a quarterly basis, net income after tax came
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Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive
EconomyMacroeconomyyear to date is negative with net deductions at 36 million with single-digit figure readings in four... for the second time this year with net additions of 430 million in June from deductions of 253 million... attributed to corporate net additions of 417 million fully offsetting the modest household net
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Greek labour market recorded in 2015 second highest net hirings since 2001
EconomyMacroeconomyNet hirings stood at 7,826 in December, which is the second positive reading for this month since.... In contrast, negative readings were posted in January and in the July to November period. Net departures...). In contrast, the highest net departures were recorded in food industry (-1,844). The majority (54
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