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New overdue taxes up by 776 mln in March, total stock at 101.44 bln
EconomyMacroeconomystayed under 4 million for the second consecutive month. As with February, while new tax rose
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingparticipated in. Gross loans further contracted by 4 percent QoQ to 57.70 billion, falling by 10 percent
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Over to PMs after progress in Macedonia name talks
PoliticsForeign Policyof talks in both Thessaloniki, on May 4 and in Vienna, at the end of April. One of these concerns
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Banks focus on defining challenge of reducing NPEs
EconomyBankingof NPLs by the bank to around 4 billion across 2018. Today, Piraeus expects to receive the binding offers
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Budget primary surplus at 2.33 bln in April on strong PIB underspend
EconomyMacroeconomyyear. Interest payments were down by over 25 percent to 2.14 billion, above target by 4 million
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Report on PPC’s viability ruffles feathers and shakes share price
EconomyFeaturesbe considered viable at a debt to earnings ratio of between 4 to 6, meaning that profits must increase
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Newsletter 162 -18/05/2018
times. It concluded that PPC would be considered viable at a debt to earnings ratio of between 4 to 6
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Two weeks left for Athens to settle last remaining prior actions
EconomyProgrammeis expected on June 4, will give an indication of whether Greece is on track to meet its projected growth
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Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
EconomyMacroeconomygrowth of 8.2 points in April, retail trade dipped by 4 points to 6.4 in May, rising by 6.8 points
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingby the bank to around 4 billion across 2018.
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