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Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
EconomyBankingof 924.2 million euros last year, a drop of under 1 percent. The profit was adjusted by normalising.... Balance sheet Eurosystem funding dropped by over 3 billion euros QoQ in 9M to 4.19 billion euros.... Capital The Common Equity Tier 1 (CET1) ratio came to 15.9 percent in 9M. The fully loaded Basel III CET1
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GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomy2022, all components recovered. Final consumption increased by 1 percent YoY, while investments also increased by 4.9 percent. Exports rose by 1 percent year-on-year, with goods down by 1.1 percent... from 3 percent to 2.5 percent. In its growth forecasts, the Parliamentary Budget Office expects
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Newsletter 425 - 31/05/2024
to be considering a reduction of up to 1 percentage point in employers’ contributions, which Mitsotakis said... of 3 pct, and New Left on the cusp of securing a seat, which would potentially split Greece’s 21... captured by the data, as 40 pct of the total savings comes from 1 pct of the Greek households. Annual
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New measures yet to deliver poll bump for ND as SYRIZA sinks further
PoliticsGreek PoliticsNovember 1 and 3, followed by the first round of voting in the leadership election on November 24, followed by a run-off ballot on December 1. Regarding the PASOK leadership vote, which is approaching
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomywill drop further to 1.57 billion euros, or 0.6 pct of GDP, from 2.26 billion euros at 1 pct of GDP... above 3 pct of GDP. State budget revenues will be at 74.61 billion euros in 2025, up from 70.79... measures for next year are 440 million euros from the reduction by 1 percentage point of social
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomymoderated but is still prevalent in Greece at around 3 pct. This, combined with the government’s... this year and rise by over 1 billion euros in 2025 to 26.51 billion euros. The Finance Ministry... from the reduction in social insurance contributions by 1 percentage point and 238 million euros
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Central govt debt at 404.29 bln thanks to drops in short-term notes and repos
EconomyMacroeconomyGreece’s central government debt recorded a drop of roughly 3 billion euros to 404.29 billion euros in Q3 2024, the Finance Ministry's (MoF) debt bulletin showed on Tuesday. The Q3 debt movements... short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 15.5 percent and 12.8
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Public debt on downward trend as it concludes 2024 at 403.86 bln
EconomyMacroeconomy(over 5 years) debt made up 71.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 17.6 percent and 10.8 percent respectively. Greece’s cash deposits... bodies of the wider public sector were 36.28 billion, down by 3 billion euros. The general government
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Seasonal factors push up retail sales growth to 7.6 pct YoY in Apr
EconomyMacroeconomywas up by 1 percent. Compared to April 2024, automotive fuel was down by 6.3 percent, non-food... and food and beverages were up by 20.6 percent. Clothing and footwear also recorded a rise of 1 percent... confidence is down by 3 points on a 12-month rolling basis. Retail trade improved markedly and turned
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Prospect of US involvement jump-starts Greece-Cyprus power link
PoliticsGreek Politics. Among these initiatives was the revival of the “3+1 Energy Dialogue” bringing together Greece... of 1 billion euros. The DFC had previously provided financing of 125 mln dollars
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