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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBanking. Fee income improved QoQ to 58 million mostly due to lower pillar II costs, while insurance income
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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingat 9 billion, while the bank no more uses pillar II bonds since April 2016. Piraeus participated
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBanking. Pillar II bonds stayed flat QoQ at 2.5 billion (nominal value). Management noted that a decrease
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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesTourism could generate an additional 5 billion euros for the Greek economy annually, according to new research by the National Bank of Greece (NBG). The report highlighted that the tourism industry, a pillar of the national economy, had managed to remain fairly stable through the economic crisis
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingbillion in August from 12.2 billion in March. Furthermore, the outstanding Pillar II bonds amount
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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturesgrowth. By breaking down the score, it becomes clear that the worst performing pillar for Greece
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Tsipras concludes US trip with focus on geopolitics and investments
PoliticsGreek Politicsby the White House after the talks, reference was made to Greece being a “pillar of stability” in its
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Newsletter 136 - 20/10/2017
. Trump said that Greece has a “great role” in stability in the area, while Pence called it a “pillar
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US view on Greece proving constant amid change
Agoraall, its geopolitical importance as what Pyatt called “a pillar of stability in its region
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Travel balance for nine-month period shows surplus of 11.57 bln
EconomyMacroeconomyin international airport arrivals year-on-year. Tourism remains a main pillar of the Greek economy, generating
8%