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General govt primary cash surplus at 2.82 bln in July, arrears unchanged
EconomyMacroeconomyperiod, rising by 443 million (1 percent) to 43.03 billion in the first seven months of the year... also declined by 12 million to 14.69 billion (4.3 percent of the total). Bonds showed a fall of 1.84... lending was largely unchanged and came to 2.38 billion euros, or under 1 percent of the total
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Mixed picture for government after first day of talks with creditors
EconomyProgrammeand 2020, as had originally been the plan. When the government agreed to legislate in 2017 1 percent... to yield another 1 percent of GDP, in 2020, it did so on the proviso that it would be able to implement... of the Union address in Strasbourg, Juncker held an interview with 12 European media. In response
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Coalition optimistic about pension cuts deal as it readies reduction to contributions
PoliticsGreek Politicssuggests that the figure may even reach more than 1 billion euros, without giving further details... percent to 13.33 percent for the self-employed. Farmers will see a reduction from 18 percent to 12... party’s spokesman said on Tuesday that the conservatives would stick to the 5:1 departures
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Newsletter 183 -16/11/2018
of GDP primary surplus target in 2019 even if does not go ahead with the 1 percent of GDP reduction.... Farmers will see a reduction from 18 percent to 12 percent. It will gradually increase over the coming..., apartment prices rose by 1 percent, gaining slightly on the previous quarter-on-quarter rise of 0.8
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Newsletter 184 -23/11/2018
on Wednesday, did not include the 1 percent of GDP reduction in pension spending agreed in 2017, nor..., which is expected to grow by nearly 12 percent. Private consumption is forecasted to rise by 1.1... for 2019 without 1 percent of GDP in pension cuts and several other crowd-pleasing measures ahead
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General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
EconomyMacroeconomygovernments (+12 million euros). At 28.4 percent of the total, tax refund arrears of made up... underlying subcategories, T-Bills edged down by 1 million to 15.28 billion (4.3 percent... to 2.38 billion euros, or less than 1 percent of the total. Guarantees The stock of gg guarantees
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Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingand completed, with one taking place this year and one in Q1 2020. These are worth close to 1 billion... is targeting a further reduction of NPEs by 6.3 billion in the next 12 months, through a combination... Tier 1 (CET1) ratio stood at 17.4 percent at the end of 2018, down by 90 bps QoQ. This was due
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammedays as Athens looks to secure the disbursement of nearly 1 billion euros from the Eurogroup on April... that no more than 10,000 loans in this category will qualify, representing 1 billion euros of debt, To Vima... meetings due to begin on April 12 in Washington, Athens would like to be in a position to submit its
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Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingon the net loss of 1 million euros noted in Q4 2018. The net profits in Q1 2018 stood at 65.2... percent in Q4 2018. Capital The Common Equity Tier 1 (CET1) ratio stood at 17 percent, down by 41 bps...) as well as the first time adoption of IFRS 16 (-12 bps), which offset the positive impact from
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CPI edges up by 0.2 pct in May
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 0.2 percent in May following a rise of 1 percent... 2018 excluding two negative figures in January and March. The average CPI for the rolling 12 months... and a 1 percent rise in alcoholic beverages and tobacco. Smaller rises ranging between 0.5 percent
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