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Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
EconomyBankingto stand at 8 billion. P&L NII stood at 346 million euros in Q3, down by 1 percent, and declining by 16... declining by 39 percent to 513 million euros. Net interest income (NII) edged down slightly by 1 percent... by around 800 million QoQ and came to 28.5 billion in Q3. The latest quarter marks 12 straight quarters
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Newsletter 337 - 13/05/2022
in the 12 months or so left until the next elections, dismissing talk of snap polls later this year... in elections “12 months from now.” He did, however, express concern that some voters might take a relaxed... generators and retail suppliers – made a little short of 1 billion euros of additional profits during
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CPI rises for ninth straight month in Sept with 1 pct increase
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in September, up slightly from the 0.9...’ and services’ indices advanced by 1.1 and 1 percent, respectively. The harmonised index of consumer prices (HICP) also rose by 1 percent in September, up from August’s figure of 0.6 percent. The main driving
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CPI rises by 1 pct in August, staying positive for fifth month
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in August after a rise of 0.9 percent in July... that the figure has landed at 1 percent. The average CPI for the latest 12-months since August 2017 remained...), health (+1.5 percent) and hotels, cafes and restaurants. Smaller rises ranging between 1 percent and 0.2
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Athens eyes multiple benefits from joining China-backed 17+1 initiative
PoliticsForeign Policycalled 16+1 group, becoming the 17th member of the collective. The Dubrovnik meeting last Friday... clearly expressed his intention to join the 16+1 group (11 participant states are EU member states... of what will be called from now on the “17+1 initiative,” a significant step for the summit
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Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
EconomyBankinghalf in H1 to 0.5 percent, down from 1 percent a year ago. P&L Net interest income (NII) came to 1.05... in H1 2023. Eurosystem funding dropped further to 1 billion euros of TLTRO III, with the remaining 1
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingloan provisions eased by 1 percent to 475.7 million. Top-line results mainly incorporate... 441 branches (26 percent of total) have been shut down over the past 12 months. The bank says it has... at 6.2 billion euros (8 percent of total loans), of which 63 percent is performing and 37 percent
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgrammeof 1 billion. Eurogroup President Jeroen Dijsselbloem said that the pension reform has been moved... percent of GDP in 2015 and around 1 percent in 2016. Almost half of cost savings for 2016 have been...) for employers by up to 1 percentage point. At the same time an overhaul of the pension system has
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Newsletter 86 - 02/09/2016
percent increase indicated by ELSTAT in its flash estimate on August 12. In addition, Q2 GDP..., investments came in higher on 1 percent QoQ and 7 percent YoY. On the flipside, household consumption fell 0.2 percent QoQ and 1.7 percent YoY. In the first half (H1) of the year, GDP decreased by 1 percent
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Newsletter 277 -11/12/2020
for the rolling 12 months fell by 1 percent. Month-on-month, the CPI for November edged down by 0.9... slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... by 1.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure
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