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  1. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    has stayed above 2 percent for four out of the five previous quarters. In addition, GDP at current... outlooks unchanged at 2 percent for this year and 2.4 percent for next year. The European Commission... to 2 percent from 1.9 percent in the previous forecast. Growth of 2 percent was also anticipated

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  2. Eurobank net profits from continued operations fall by 12.2 pct in 2018
    Image via www.eurobank.gr

    EconomyBanking

    of the law 3869/2010 backlog in 2019. Sales from Pillar and Cairo portfolios, worth 2 billion and 7 billion... to the SPV and 2 billion from the securitisation of 2 billion euros-worth of housing loans under... basis points of total assets in 2018. Operating expenses fell by 2 percent QoQ to 461.5 million in Q4

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  3. Growing hopes that Greek recession will be milder than expected

    Economy

    this year, which is much softer than its previous forecast for a recession of 2 percent for 2015. Note, though, that the bank expects a bigger decline in 2016, when it believes GDP will fall by 2 to 3... by 1.5 to 2 percent this year, on the back of a drop in private consumption by 1.5 to 2 percent

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  4. Newsletter 73 - 13/05/2016

    Newsletters

    that are estimated to yield 2 percent of GDP and overall two-thirds of the required fiscal measures... by five years, reprofiling the amortisation scheme and capping the interest charged to Greece at 2... worth 2 percent of GDP. The fact that all 153 government MPs voted for the package, which contained

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  5. BoG proposes debt relief measures and lower primary surplus target from 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    of debt relief measures that would allow Greece’s primary surplus target to be lowered to 2 percent...: 1) GDP growth in line with the adjustment programme until 2022 and 1.5 percent thereafter 2) Inflation close to 2 percent until 2019 3) EFSF and ESM loan rates of 2.6 percent in 2020 and 3.5 percent

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  6. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    into a slight profit of 2 million euros in 2017, compared to profits of 37 million in 2016. The bank noted... percent to 1.67 billion. Net fee and commission income fell QoQ by 2 percent (87 million versus 89... in Q4 due to seasonality but fell by 2 percent across the year as a result of branch closures

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  7. Newsletter 158 -20/04/2018

    Newsletters

    just over 2 percent. There is also the matter of defining the post-MoU surveillance... consequences. 2 Industrial turnover up by 3.1 pct in February Twelve-month trailing index grows by 9.6... surpasses the previous high of July 2017, when new overdue taxes rose by 2 billion. Greece’s new tax debt

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  8. Newsletter 178 -12/10/2018

    Newsletters

    growth at 2 percent. For next year, GDP growth is revised upward to 2.4 percent, from 1.8 percent... previously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP... has much ground to cover in order to meet its privatisation target of around 2 billion euros

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  9. GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    capital formation fell by 5 percent YoY, while gross fixed capital formation showed an increase of 2... budget, Greece’s GDP is expected to grow by 2 percent this year and 2.8 percent in 2020. The IMF meanwhile anticipates growth of 1.8 percent this year, followed by 2.3 percent in 2020 and 2 percent

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  10. Newsletter 262 -04/09/2020

    Newsletters

    and pushing to 2021 around 1.5 to 2 billion euros of deferred tax and social security payments... was not as dramatic. In 2008, Greece was spending 3 pct of its GDP on defence. In 2018, this stood at 2 pct, which was still in line with the level agreed by NATO member states in 2014. Even at 2 pct, spending

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