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Newsletter 31 - 19/06/2015
for ECB funding – while banks also pay a fee to the Greek state corresponding to 1.1 percent
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No time for Tsipras to celebrate as long list of tasks means pressure is on from start
EconomyProgrammea means-tested 5-euro fee for hospital visits or adopt equivalent measures in fiscal and demand
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Lenders also require health and labour market reforms from gov't in next months
EconomyProgramme-establish a means-tested 5-euro fee for hospital visits or adopt equivalent measures with a similar
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Greek stocks down 5.1 pct over week as investors remain cautious
Economyquarter on quarter (QoQ), fee income fell 5.4 percent, while operating expenses eased 0.5 percent
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New Democracy decides on date for leadership vote, candidates get on the road
PoliticsGreek Politicsthe party is facing it will seek to cover this by charging those who vote a small fee. In the 2009
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Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound
Economyon Wednesday a trading update for the second quarter (Q2) showing a drop in net interest and fee income
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBankingkept unchanged at 379 bps in Q2. Fee income also dropped by 4.3 percent, yet the non-core income
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Greek shares up for the third straight week on strong performance from banks
Economy. In contrast, net interest and fee income fell by 3.7 and 4.3 percent respectively. ECB lowered
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Meimarakis and Mitsotakis make it into run-off vote for New Democracy leadership
PoliticsGreek Politicsto vote for a 3-euro fee) led to some 400,000 people casting ballots, which was much more than had been
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingcontrols. It is worth noting that all fee income segments recorded a QoQ rise in Q4, while
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