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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBanking-offs of 300 million euros in the quarter. The slight rise mainly stems from an almost 1 pp increase... Common Equity Tier 1 (CET1) ratio slipped to 11.9 percent in Q1 from 12.1 percent in Q4 and reflects
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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomypace by 1 percent YoY in Q1 after slipping by 0.7 percent in the previous quarter. However, it grew... released before two months pointed to international arrivals at 25 million, up by 1 million compared
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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomyin February 24, SETE were saw international arrivals at 25 million, up by 1 million compared to 2014... this increase should be effective as of July 1. If confirmed, this would certainly negatively impact both
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Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
EconomyMacroeconomy) fell by 2.7 pp YoY to 39.7 percent. The 30-44 age group posted a drop in the unemployment rate by 1 pp...’ (more than 1 year) unemployed slightly rose to 910,600, after decreasing in the prior three quarters
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Greece rides the ghost train
Agorafor the next few years (1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... million euros (0.5 percent of GDP) this year and 1.8 billion euros (1 percent of GDP) next year. We must
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Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
Economy’ proposal for additional revenues of 1 percent of GDP from VAT reform and another 1 percent from
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Tsipras points to debt relief roadmap as deal clincher
PoliticsGreek Politicstotalling 1 percent of GDP, or 1.8 billion euros. On pensions, the government has so far proposed... of 1 percent of GDP for this year and 2 percent in 2016), Tsipras needs to bring back something from
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Newsletter 31 - 19/06/2015
moderate outflows of around 2.9 and 1 billion, respectively. More than 70 percent of total withdrawals... BoG data, the banks’ non-performing exposure (NPE) ratio rose by almost 1 percentage point to reach
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As Greek deadline looms, this is how the next days could play out
EconomyProgramme. There are several options: 1) The Eurogroup approves the disbursement of the last EFSF tranche of 1.8... a programme as of July 1 for the ECB to continue providing liquidity to the Greek banks via the Emergency
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Referendum call finds Greek banks teetering on the edge
Economythat have to be addressed imminently: 1) What will happen if the ECB stops providing additional liquidity to Greek banks as of July 1 when Greece will not be under a programme. 2) Which
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