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  1. Newsletter 196 -01/03/2019

    Newsletters

    of the three (out of a total of 16 reforms) with which the European Commission is not yet satisfied... level of ambition” in tackling state arrears, noting that the effort to bring total arrears down close..., along with wide-ranging measures to support the stability and efficiency of the financial sector. 2

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  2. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    euros in total and consist of individual corporate loan sales and an unsecured portfolio. Overall... coverage ratio standing at 48 percent, and total NPE coverage at over 100 percent. The bank... at 16.2 billion, falling further to 7.4 billion by the end of 2021. In total, this represents

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  3. Newsletter 201 -21/04/2019

    Newsletters

    , NPEs stood at a total of 81.8 billion euros, which was 12.7 billion lower compared to the end of 2017... stepped up to recover amounts, the data also revealed that a total of 42,877 debtors (1.1 percent) to the state owe over 93 billion euros in total, while 3.6 million debtors (87.4 percent) collectively owe

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  4. Debt relief measures move ahead as Athens prepares to use fiscal space
    Photo by MacroPolis

    EconomyProgramme

    , as well as to reduce to zero the 2 percent step-up margin that would otherwise be payable on the 11.3... in total, the European Stability Mechanism (ESM) will transfer 644.42 million euros, which relates to the income earned on SMP/ANFA bond holdings. The total financial benefit of the measures agreed

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  5. Travel balance at 94.8 mln in Mar and 211.9 mln in three-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    , visitors from Russia rose by 151.7 percent to 11,300. In total, arrivals from the EU 28 countries fell... within the EU 28 rose by 2 percent to 557,300. Arrivals from outside the EU showed an increase of 19.1 percent to 863,300. In total, arrivals rose by 7.8 percent in the first three months of the year

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  6. Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
    Image via www.piraeusbankgroup.com

    EconomyBanking

    entered into a strategic agreement with Intrum for the management of NPLs worth a total of 27... inflows, plus third party REOs. The agreement values the platform at 410 million euros. The total... by 86 million in Q1, marking a fourth consecutive quarter of declines, bringing the total to 13

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  7. Unemployment drops to 18.1 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    for those employed increased by 77,947 or a rise of 2.1 percent. Total employment reached 3.85... persons compared with March 2018 (-0.5 percent). The total inactive population now stands at 3.26.... The unemployment rate for men stood at 14.4 percent, which marks a fall of 2 pps year-on-year. Broken down

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  8. Travel balance falls by 4.1 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 50,700. Finally, visitors from Russia fell by 15.1 percent to 11,800. In total, arrivals... outside the EU showed an increase of 12.7 percent to 1.2 million. In total, arrivals rose by a slight 0.5... million. Revenues from French visitors fell by 2 percent to 68.1 million euros. Receipts from UK

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  9. Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 74,993 or a rise of 2 percent. Total employment reached 3.89 million people. ELSTAT’s...). The total inactive population now stands at 3.22 million. The unemployment rate among women fell by 2.7..., there were 2,213 fewer hirings than departures. Total hirings came to 289,489 versus 258,082 departures

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  10. Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to 131,900. Finally, visitors from Russia increased by 10.7 percent to 26,100. In total, arrivals from the EU... five months of the year. Arrivals from euro-denominated countries fell by 4.9 percent to 2 million... from outside the EU showed an increase of 14.4 percent to 1.9 million. In total, arrivals edged

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