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Piraeus Bank profits at 815 mln in 9M, fees income at 489 mln
EconomyBankingPiraeus Bank posted a net profit of 815 million euros in 9M 2025, from 882 million euros in 9M 2024. Net interest income (NII) came to 1.43 billion euros in 9M, while net fee income was 489 million euros, from 1.58 billion and 480 million euros respectively in 9M 2024. Net trading income was 85
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A varied set of views on China
Agoraof inferior quality to that of western goods. In short, while Greeks are not disposed negatively... in their eyes. Nor do they envy life and work in China, and find Chinese commodities of inferior quality
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The Greek crisis we don’t see
Agoraare currently receiving financial assistance from the state. Also, until now, there has been no safety net... of social welfare mean that often the main safety net available to Greeks in difficulty is provided... and groups running programmes to assist fellow citizens. The safety net that has been unfurled
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Better income account helps squeeze Greek C/A deficit in January
EconomyMacroeconomyof the trade deficit by 105 million. The latter is attributable to the higher net oil import bill... to insurance services. Non-residents’ direct investment in Greece showed a net outflow of 44 million in January against a net inflow of 556 million in January 2013. Greece’s C/A deficit stood at just
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Significant post-election economic challenges await Greek coalition
Economy. In the corporate sector, there have been only three monthly readings with net loan additions since January 2012. Similarly, loans to sole proprietors posted net additions of just 100 million over the past 15 months. The household sector is showing persistent net deductions since April 2010 without any sign
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Greek deposits edge up for second month in April, reach 161.3 bln
EconomyMacroeconomyreaching 161.3 billion euros, according to the Bank of Greece (BoG). The net flow remained positive... in the past two months, the year to date net flow remains negative with outflows at 1.93 billion largely.... On top of private sector inflows, April net flow also reflects slight general government outflows of 90
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How Greek banks moved into a new era
Agorapressure on net interest income (NII), ongoing deleveraging, deposit re-pricing, further cost... to be maintained for the remaining of the year. Excluding National, which showed Q1 net profit of 181 million, the other three banks posted net losses ranging from 94.1 million for Alpha to 246 million
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomyand the limited deposit flow, this higher spread does not have any material impact on banks’ net interest income.... This sector is the only showing a marginal growth (at 0.8 percent in April) yet the net flow is extremely limited with net deductions at just 40 million euros in the first four months of the year. After
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General gov't primary cash surplus to April at 1.69 bln
EconomyMacroeconomyto 5.3 billion at the end of April from 5.18 billion at the end of March. The net increase of arrears... to 328.7 billion at the end of April. The year to date movement of 7.3 billion reflects a net increase in long-terms bonds by 1.2 billion and a net rise in short and long-term loans by 1.1 and 5 billion
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomypercent. Since the beginning of the year, the net increase of arrears amounts to 489 million euros... billion at the end of 2013. The evolution so far in 2014 incorporates a net decrease in the long-terms bonds by 8.2 billion counterbalanced by a net increase of 4 and 4.3 billion in short- and long
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