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Does return to markets signal end of Greek crisis? The perils of ignoring macro-economic fundamentals
Agorafor corporate bond placements or advertising capital increases during March, they took the city... be credit creation by banks for the real economy, in particular SMEs in dire need of working capital... by citizens’ and corporates’ capacity to increase their disposable income and working capital in order
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Politics trumping economic prudence in Greece
Agora. For one, we can now see how Piraeus Bank is using parts of the recently raised capital of 500... of business loans and working capital at lower interest rates. In fact, Greece’s real economy... assets and whether it will identify additional capital needs as a cushion against such risks. One
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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomycapital formation dropped 7.9 percent in Q1 from 15.3 percent in Q4. The headline figure showed a single... in gross capital formation (down 58.5 percent) and households’ consumption (down 27.4 percent... as a rebound in gross fixed capital formation.
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NPLs: The Achilles heel of the Greek banking system
AgoraHaving completed capital increases of 8.3 billion euros, which more than covered the capital needs identified by the Bank of Greece (BoG) under the baseline scenario, the single most important risk... of provisions exceeded the banks’ capital (138 percent) at the end of 2013, although this ratio has
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomyprimarily reflects the participation of Capital Group with 595 million euros in the capital... to the participation in the 8.3 billion capital increases of the four core Greek banks. Reserve assets
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
Economyof residential construction following the settlement of the capital gains tax on real estate property as positives for the economy. On the flipside, negative factors for investments involve capital... investment in human capital and innovation is necessary condition for growth, says the think tank
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Parliament's budget office sees Greek recovery finely poised
EconomyMacroeconomy. The second involves banks’ capital ratios, which have been boosted by the capital increases of 8.3... of Basel III capital requirements make Greek banks reluctant to provide liquidity to the private
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBanking, the bank noted that some 250 million of capital gains from four transactions have been secured to date... with the respective average of 10.9 percent. Including the net impact of 1 billion euros from the capital increase in Q2, the bank has a capital buffer of 4.4 billion under the base and 5.9 billion under
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Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
EconomyMacroeconomycapital formation eased 0.8 percent in Q2 from 7.9 percent in Q1. The headline figure indicates... that gross fixed capital formation slipped 4.2 percent in H1, this specific target - which made up 14.... The cumulative drop mainly stems from a nosedive in gross capital formation by 59 percent and households
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National Bank posts 9-month profits of 1.18 bln
EconomyBankingfuture capital actions and state preference shares. During the conference call, the management noted that five capital transactions are underway but refrained from providing further details except...) capital actions and the remaining to profitability.
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