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Car sales remain strong, rising by 3.3% YoY up to May
EconomyMacroeconomyVehicles going into circulation for the first time had gains of 4 percent year-on-year (YoY) in May, after a marginal rise of 0.6 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In May 2025, licences had ...
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Strong arrivals push travel balance up 58.5 pct by April
EconomyMacroeconomyGreece's travel balance recorded a surplus of 735.9 million euros in April, compared to 409.6 million euros in March, according to data released by the Bank of Greece (BoG) on Monday. The April balance was 5.5 percent higher than the 697.3 million euros...
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Primary surplus at 6.5 bln up to August as taxes continue strong trend
EconomyMacroeconomyThe budget primary balance landed at a surplus of 6.5 billion euros up to August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday. The primary balance came in at 1.51 billion euros above the target. I...
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Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomy’ NPL ratio jumped to 29.3 percent at the end of June from 24.5 percent at the end of last year... percent). At the same time the NPL coverage ratio (the amount of NPLs covered by cash provisions
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Greece in 2014: The risks and opportunities of moving forward
Agoraeuros compared to 2012. This NPL ratio corresponded to a level of 32 per cent of banks’ total loan portfolios. Even if the rate of NPL formation started to show signs of slowing down in the second
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Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomyis more important is the evolution of Greek banks’ non-performing loan (NPL) ratio which jumped...). At the same time the NPL coverage ratio (the amount of NPLs covered by cash provisions) eased to 48.3
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Credit contracts by 4.1 pct in March, loans down by 3.4 pct
EconomyMacroeconomy(NPL) showed the respective ratio surged to 33.1 percent in 2013 from 25.5 percent in 2012, according... and a milder NPL formation in 2014, an additional amount of 15 billion of NPLs could be created
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Greek credit contracts again in April but at slightly lower rate of 3.7 pct
EconomyMacroeconomyNPL figures, the latest European Commission review report showed NPL ratio hiked to 33.1 percent
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Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln
EconomyMacroeconomythe NPL ratio rose to 33.5 percent at the end of March from 31.9 percent at the end of 2013. In absolute... the rate of increase in the NPL ratio shows signs of deceleration in the past two quarters
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
EconomyNPL portfolio. However, the Bank of Greece has not provided specific figures for SME NPLs, which... that would arise from SYRIZA’s economic programme measures stands at 27.2 billion euros (10 billion from NPL
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