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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBanking, impairment losses also declined by 13.9 percent to 1 billion, while the cost of risk fell to 172 bps from... Assistance (ELA) funding was reduced by a total of 6.2 billion since December 2016 to 7 billion in December... to around 50 percent. Capital The Common Equity Tier 1 (CET1) ratio stood at 18.3 percent, up by 51
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Newsletter 162 -18/05/2018
laid out for the coming years would be applied as initially intended, which means that the 1 percent... to pensioners just before the pension cuts take effect on January 1. According to Energy Minister...’ repayment of 464 million euros, of which 7 million were paid in April. The overall cash balance posted
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Newsletter 169 -06/07/2018
, 30 or October 7. Then, his government will have to get parliamentary approval for the changes... of not having to implement the cuts, which aim to reduce pension spending by 1 percent of GDP, might... by 2020 and a marginal deficit of 0.1 percent of GDP in 2019. Prices will grow on average by 1
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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... 7 percent of the total. In the year-to-date, repos have risen by 8.54 billion euros. Bank of Greece lending was largely unchanged and came to 2.38 billion euros, or under 1 percent of the total
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Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
EconomyMacroeconomypercent YoY to 10.35 billion euros. Average expenditure per trip edged down by 1 euro, or 0.2 percent... under 7 million. Arrivals from outside the EU rose by just 0.1 percent to 6.1 million. In total... fell by nearly a quarter to 261.1 million. Receipts from cruises increased by just under 1 percent
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Retail turnover rises by 0.5 pct in Dec, with 2018 average increase at 2.1 pct
EconomyMacroeconomyfuel (+2.7 percent) and supermarkets (+1 percent). Drops were seen in pharmaceutical products and cosmetics (-7 percent) and books, stationery and other goods (-5.1 percent). The volume increase...). The monthly seasonally adjusted (SA) retail sales index in December fell by 1 percent and came to 101.3
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PDMA releases details of 10-year bond, highlighting strong interest
Economywell during its first month of trading and since issuance the yield has dropped by nearly 1 percentage point, 80 basis points. The Greek authorities, following Moody’s upgrade by two notches on March 1... executed roughly 70 percent of its annual issuance strategy with a goal of 7 billion euros
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Newsletter 207 -24/05/2019
years) debt made up 77.2 percent of the total, while short-term (up to 1 year) and medium-term (1... grew by 8.7 percent. The month’s performance was led by a decrease of 7 percent in the turnover
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Support for euro grows in Greece, strong mistrust of EU easing
Societythe economic situation of their country, with only 7 percent responding that they felt that it was good (+1 pps versus autumn 2018) and 93 percent saying that it was bad (-1 pps versus autumn 2018). When
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CPI remains static in July
EconomyMacroeconomy. The core index edged up by 1 percent in July, following a 0.3 percent rise in June. Additionally, the goods’ index fell by 0.7 while the services index increased by 1 percent. The harmonised index... transport by air (+28.5 percent), fresh vegetables (+11.4 percent) and pharmaceutical products (+7 percent
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