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Newsletter 125 -30/06/2017
million in the five-month period. Credit contraction accelerates in May The net lending flow turns... of Greece figures. The net lending flow turned negative for the first time since February with net... is the highest negative reading since January, when net deductions reached 885 million. The negative flow
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Credit contraction continues in July with 1.2 pct decline
EconomyMacroeconomyfurther to 189.18 billion euros. Moreover, the net lending flow showed net deductions of 435 million euros from 203 million in the previous month. The negative flow in July reflects net deductions of 163... billion euros while credit to insurance corporations had monthly net increases of 266 million to nearly 7
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Credit contraction eases to 0.9 pct in August
EconomyMacroeconomyfurther to 187.36 billion euros from 189.2 billion in July. Moreover, the net lending flow showed net deductions of 312.7 million euros from 456.1 million in the previous month. The negative flow in August comes as a result of net deductions of 150.4 and 134.1 million in the household and corporate
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A snapshot of the Greek economy
Agoraand the monthly net flow was negative at 1.530 million, compared with a positive net flow of 1.743... 10.4 percent in the previous month and the monthly net flow was negative at 1.788 million, compared with a positive net flow of 4.752 million in December 2018. The monthly net flow of credit
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking(including the Covid-19 impairment impact of 324 million). Net profits in Q2 came to 82 million versus... million in Q2 from 187 million a year ago, an increase of 52 percent YoY. Net Interest Income (NII... coverage ratio stood at 169 percent in H1 and the net loans to deposits ratio came to 83 percent. Net
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Newsletter 271 -30/10/2020
than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200... percent respectively. More starkly, in Q2 2020, 72.9 percent of employees earned a net monthly salary.... Primary expenditure came to 34.13 billion euros. Net revenues came to 33.50 billion euros, below
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The Parable of the Populists and the Contemplatives
Agoraof new debt that they have taken on board to pay for this machine. The net worth, or wealth... accumulates over time in bigger cash assets on the balance sheet. The company’s net worth increases... net worth? (The “oil deposits” make up a great share of the net worth of the country as a whole
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A summit of little substance
Agorathe Digital Single Market by 2015, which is key for Europe’s future economic development. The Summit... the future Single Resolution Mechanism and the introduction of “contractual arrangements” will be taken.... This ‘bargain’ will include an agreement on the details of a future Single Resolution Mechanism (SRM
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Newsletter 36 - 24/07/2015
), to be conducted by the Single Supervisory Mechanism (SSM). Unlike the previous stress tests, this would... in the single currency and decision makers’ ability to deal with the problems caused by a series of crises... it. The single most damaging decision taken by eurozone leaders at the start of the crisis was to treat
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What Dijsselbloem didn't say
Agorato the discussion about the eurozone since the crisis broke out in the single currency area. “The north...: Members of a single currency that lacked fiscal unity and the tools to deal with a crisis ran... integration the single currency provided but were absolved of any responsibility when their practices
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