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Eurosystem funding rises by 64.9 mln in July
EconomyMacroeconomyfunding made up 100 percent of all Eurosystem funding in July. In July, ELA collateral pledged
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Capital controls to be abolished ahead of schedule
EconomyBankingoverseas accounts was raised to 50 percent from 30 percent. This was later increased to 100 percent
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Consumer confidence hits 19-year high, ESI highest since 2007
EconomyMacroeconomyGreece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points, European Commission (EC) figures showed on Thursday. As of August’s reading, the index has remained above 100 points for seven consecutive months. This month’s reading is the highest since November 2007
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingRatio (LCR) to the level of around 100 percent as at 30 June 2019, management said. Gross loans
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBanking, incorporating the impact from the introduction of IFRS16. Loan impairments in Greece came to 100 million in Q2
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Athens preparing to present budget plans to lenders after tax cut pledges
EconomyProgrammeto 5 percent will have a fiscal impact of 100 million euros. Reducing the introductory income tax
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Newsletter 219 -13/09/2019
will have a fiscal impact of 100 million euros. Reducing the introductory income tax rate from 22
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Eurosystem funding drops by 464.8 mln in August
EconomyMacroeconomyleft its final bailout programme. ECB funding made up 100 percent of all Eurosystem funding in August
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeis the SDR’s interest rate plus 100 basis points, however loans made by the Fund that exceed
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Newsletter 220 -20/09/2019
by 2.86 billion euros. As of August, ECB funding made up 100 percent of all Eurosystem funding
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