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  1. Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net loss of 2.91 billion euros in 2021, compared to profits of 104 million euros in 2020, as the bank intensified efforts to rid its balance sheet of troubled assets through..., from 54.3 percent in 2020. Balance sheet The Group’s gross loans amounted to 39.2 billion euros

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  2. Newsletter 157 -30/03/2018

    Newsletters

    of June or even July, rather than in May as had been hoped until now. Greek Finance Ministry sources... that the overall agreement may be reached “a little later” than June 21. It is the first time that the EU official... 2014 that a positive balance has been registered for the month of February. Overall, the outstanding

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  3. Newsletter 245 -27/03/2020

    Newsletters

    the use of scarce equipment rather than protect frontline workers’ health. Similar concerns were... of respondents said that they were receiving significantly less orders than before. For all sectors reporting... GDP in 2018. 2 Credit contraction at 0.7 pct in Feb Balance reaches 153.74 billion Credit

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  4. Newsletter 141

    Newsletters

    than many thought in the second round, when roughly 156,000 people took part. Pollsters have... lower than initially thought at 20.77 billion and 27.39 billion, respectively. Tax refunds are seen at 3.65 billion, significantly lower than the 5.58 billion of 2017. Expenditure next year

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  5. Newsletter 270 -23/10/2020

    Newsletters

    of the pandemic, but we continue to do better than most of Europe, however that is no consolation... Ministry has estimated this year’s recession at 8.2 pct, this was already by some margin more bullish than.... The total amount outstanding for the 2035 maturing issue is now 4.5 billion euros. More than 280

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  6. Education hirings offset losses in tourism for Sept as 9M figure drops by 21,394 jobs YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance turned positive in September with 26,238 more hires than departures, according to data from the Labour Ministry’s Ergani information system. In August, the balance was negative with 32,966 more departures than hires, while there was an improvement by 6,511 more jobs

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  7. Newsletter 166 -15/06/2018

    Newsletters

    settle a diplomatic dispute that has dragged on for more than a quarter of a century. Under... A diplomatic standoff that’s extended into nearly three decades seemed closer than ever to a solution... with the Greek President Prokopis Pavlopoulos, thereby trying to give an institutional, rather than

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  8. Credit contraction unchanged at 0.9 pct in November

    EconomyMacroeconomy

    has been experiencing a contraction for the last six years, with the loan balance down by more than... October, Bank of Greece (BoG) figures showed on Friday. This resulted in the outstanding balance... flow showed a positive balance of 37.5 million euros, reversing the negative balance of 613.6

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  9. Credit contraction remains at 0.9 pct in December
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    years, with the loan balance down by more than a quarter on the back of continued deleveraging. Net... balance falling to 183.97 billion euros from November’s figure of 184.96 billion euros. The net lending flow showed a positive balance of 308.7 million euros, increasing on the previous month’s

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  10. Credit contraction at 0.8 pct in January as household, corporate lending falls
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a contraction for the last six years, with the loan balance down by more than a quarter on the back... in the outstanding balance falling to 182.83 billion euros from December’s figure of 183.97 billion euros. The net lending flow showed a negative balance of 787.1 million euros, falling sharply from the previous month

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