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  1. Deposits edge down to 123.5 bln in September on outflows of 379 mln

    EconomyMacroeconomy

    . Total deposits – which also incorporate those of general government (GG) as well as of euro and non-eurozone residents – recorded modest inflows of 153 million in September, from almost 1 billion in the previous month. The positive flow in September total deposits primarily stems from GG and non-euro

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  2. Newsletter 101 - 23/12/2016

    Newsletters

    1 million euros each over the 2010–2015 period, concluded that one in six companies on average was deemed to be a strategic defaulter. In addition, the share of strategic defaulters to total non... of becoming strategic defaulters. 2 Comparable primary cash surplus widens Revenues increase in eleven-month

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  3. Newsletter 132

    Newsletters

    euros to total 4.86 billion euros. After recording a surplus in the previous month, the Public... in the ELA ceiling for Greek banks was approved this week by the ECB. This brings the total to 33.6... deposits. 2 Industrial turnover rises 8.6 pct in July Headline figure is eighth straight positive

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  4. Unpaid contributions rise to 33.86 bln as more legacy debtors added
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the second quarter (Q2) of 2018, increasing by nearly 2 billion compared to the figure of 31.87 billion... short of 1.4 million. Most debtors, 49 percent of the total, owe less than 5,000 euros for a total... contains 93,363 debtors owing 5.18 billion euros, followed by those that owe more than 1 million

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  5. Newsletter 180 -26/10/2018

    Newsletters

    a total fiscal surplus of 1.4 billion euros, or 0.8 percent of GDP, unchanged from the first... was the equivalent of 1 percent of GDP, or 1.8 billion euros. Athens expects that it will beat its... expects an excess surplus of 122 mln next year (total primary surplus at 3.56 percent of GDP

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  6. BoG highlights areas of concern in underlying NPE data
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    of which were denounced corporate loans. On top of write offs, sales of nearly 2 billion euros also... that are unlikely to pay and those in delay between 1 and 90 days are important indicators for the direction... in the first half of the year to 19.9 billion euros, representing 22 percent of total NPEs. It is important

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  7. BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    strong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding... that it had sealed a deal to sell 1 billion euros of its non-performing loans (Jupiter project) which had...) with a total outstanding balance of 2.1 billion euros and a total outstanding principal amount of 1.3

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  8. Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
    Photo by MacroPolis

    Economy

    the target by 1 percentage point from 2021 onwards. This will be part of a negotiation with the ESM..., thanks to high primary surpluses and an average real growth of 2 percent. Debt sustainability Although... weak, with NPEs standing at 45 percent of total loans as of the end of March. There is a combination

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  9. Apartment prices rise by 9.1 pct in Q3, hitting series high

    EconomyMacroeconomy

    in 2018, compared to an average price contraction of 1 percent in 2017. The latest quarter’s increase... by an average of 2 percent compared to a fall of 0.8 percent in 2017. Properties in Athens.... The total number of permits 1,323, staying above the 1,000-permit mark for a seventh month. During

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  10. Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    in house prices was 1 percent. The latest quarter’s increase marks eight consecutive quarters of YoY... increase of 2 percent in 2018. New apartment prices fell by an average of 0.8 percent in 2017. During.... The total number of permits came to 1,785, staying above the 1,000-permit mark for a ninth month

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