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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingeuros. NBG is planning the sale of four NPL portfolios before the end of the year which have a combined
4% -
Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek Politicssurplus target compared to the current one of 3.5 percent of GDP through 2022, if combined with more
4% -
VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesburden combined with a narrow tax base, largely due to tax evasion.
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CPI drops by 0.2 pct in August
EconomyMacroeconomyvegetables (+9.3 percent) and heating oil (+5.8 percent) with a combined impact on CPI of 0.64 points
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Unemployment drops to 16.9 pct in Q2, hitting eight-year low
EconomyMacroeconomyfor those unemployed is the lowest since Q2 2011. This was combined with a QoQ rise of around
4% -
Newsletter 219 -13/09/2019
for those unemployed is the lowest since Q2 2011. This was combined with a QoQ rise of around 142,200
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankingNPL portfolios before the end of the year which have a combined gross book value of 1.8 billion euros
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeeffects of the tax cuts on the economy that will raise growth and tax intakes, combined
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Deposits rise by 1.02 bln in August
EconomyMacroeconomyinflows of 2.33 billion combined with savings inflows of 1.98 billion and time inflows of 1.08
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IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgrammeto widen the tax base and improve the payment culture went the opposite direction. Combined
4%