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Bound to lose
Agoracomplained about at the time, those convicted of leading a criminal organisation face jail terms of 5 to 15 years, while those convicted of membership can be jailed for between 5 and 10 years, which can be reduced to between 1 and 5 years or even suspended if the court accepts mitigating circumstances. When
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NBG results show net profits of 602 mln euros in 9M
EconomyBanking) to 171 million. Year-on-year (YoY), the figure fell by 5 percent to 439 million in 9M 2020 compared... and the continuing repricing of time deposit. In 9M, NII fell by 5 percent to 855 million euros. Trading.... On an annual basis, Greek deposits grew by 5 percent YoY with inflows of 2.3 billion. Net fee
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Economic sentiment rises to 108.6 pts in May; industry hits 2007 high
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose sharply in May by 10.7 points to 108.6 points, following a 1... Expectations Indicator (EEI) came to 110.9, rising by 5 points, after dropping by 3.4 points in April... points to -22.2, from nearly 5 points rise in April. Consumer confidence is now 7.8 points higher
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Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
EconomyBankingpercent a year ago. The NPE stock was marginally below 5 billion euros at the end of Q1, from 21.3... euros last year. NII also dropped QoQ in Q1 by 5 percent, from 298 million euros in Q4. The net... valuation. Recurring operating expenses dropped by 5 percent in Q1 2021 to 245 million euros. Loan loss
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Newsletter 385 - 16/06/2023
to 6.7 pct, but Greek Solution is projected to rise by half a point to 5 pct. Niki is expected to get... minimum wage from April 1. The data captures the improved conditions in the Greek labour market: Since... million, an increase of 5 pct compared to May last year, when employment had grown by 8 pct. Gross
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Newsletter 156 -23/03/2018
coalition parties will focus on the main tasks ahead, as set out by Kammenos in his comments to reporters... the growing cash buffer and 500 million euros will be used to reduce state arrears. Another 1 billion euros... the clearing of state arrears and electronic auctions. This disbursement is expected from May 1
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Newsletter 161 -11/05/2018
to the Finance Ministry to set the new ENFIA rates, with the aim of targeting 3.1 billion euros... the new rates to be in place on June 1, it wants to avoid any sharp rises in working class... percentage points. The Greek lenders started the exercise with Common Equity Tier 1 (CET1) ratios
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Take your seats
Agoraand the reduction of the top rate of VAT from 24 to 22 percent in 2021, with the lower rate dropping 1 percentage point from 13 percent to 12. He also pledged that 1 billion euros in backpay would be handed over..., not to be used from Day 1. If Greece starts tapping it straight away, it could have serious
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingloan provisions eased by 1 percent to 475.7 million. Top-line results mainly incorporate... by 1 percent QoQ, cost of risk remained flat at 2.6 percent. Cumulative provisions (LLRs) improved... by Q4 from the divestment of ATE Insurance and 20 million to be recognized in Q3 from the 5 percent
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Minor movements in Greek deposit and loan rates in April
EconomyMacroeconomyThe interest rate on Greek households’ new time deposits eased by 1 basis point (bp) to 1.82... increasing time deposit rates to 5 percent to attract deposits and address their major liquidity issues... in the time deposit rate led the average rate on new deposits down by 1 bp accordingly to 1.12
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