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  1. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    down slightly by 70 million euros in Q1 to 17.33 billion euros from 17.40 billion euros in Q4 2018, showing a decline of 3.15 billion euros YoY. The NPL ratio edged down to 33.6 percent in Q1 from 33.8... in Q1, down by 71 bps for the same quarter last year. The bank also noted that it was seeing favourable

    5%

  2. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    of goods and services fell by 2.1 percent. Final consumption expenditure edged down by 0.1 percent... consumption expenditure edged down by 0.1 percent on an annual basis. GDP at current prices rose by 0.7... by 6.4 percent in 2019 and 5.8 percent in 2020. Imports Breaking down the components of imports

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  3. Newsletter 209 -07/06/2019

    Newsletters

    SYRIZA tries to claw its way back PM desperately attempts to cut down NDs large lead ahead of July... presence in the contests for other regions is down to the leftist party’s lack of presence... down to his government failing to recognise voters’ disappointment with the slow pace at which

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  4. Newsletter 222 -04/10/2019

    Newsletters

    still stood at 45.4 percent of total loans, down from 47.2 percent. Meanwhile, the effects from... in September Index edges down, employment slows during month Greece’s manufacturing PMI edged down.... Production rates remained strong in the goods sector despite a general slowing down. New business orders

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  5. Newsletter 233 - 20/12/2019

    Newsletters

    this is in keeping with New Democracy’s pledge to bring down the property tax, it should be noted..., the announcements give New Democracy a chance to end the year on a high and to double down... and work stoppages. The move comes after a protest by a handful of metro workers on Tuesday shut down

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  6. Alpha Bank posts net profits of 97.1 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    to 48.7 billion as of the end of December 2019, down by around 400 million euros QoQ. Loan balances in Greece stood at 41.8 billion, down by roughly 300 million euros QoQ. Group deposits increased... percent, down from 100 percent at the end of Q3. For Greece, the ratio fell to 98 percent from 101

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  7. A sudden turnaround that could lead to sharp shock
    Photo by MacroPolis

    Agora

    closed down many of its factories. The pain will also be evident in the exports of goods as Greece’s... exports settled at just 2.8 billion euros, down by 17 pct. A similar reaction this year puts at risk... quickly moved to domestic demand as the government had to force businesses to shut down before announcing

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  8. Newsletter 255 -26/06/2020

    Newsletters

    to a trickle during the lockdown, with foreign arrivals down 96.2 percent YoY in April and travel receipts down 89.7 percent, and all hopes are now pinned on even a modest reopening in July. Meanwhile... that visitors from Germany fell by 99.2 percent to around 8,000. Those from France were down by 100

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  9. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    and regional airports is down by more than 70 percent compared to last year. The seats offered.... At regional airports, domestic flights are down by 48 percent and international flights down by 71 percent... to the latest complete data set from AIA, international passenger traffic were down by 93 percent in June

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  10. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    stood at 14.7 billion, unchanged from Q1 2020. The group NPL ratio stood at 30.2 percent, down from..., NII came to 772 million euros, edging down by 0.7 percent YoY. The Net Interest Margin (NIM... under TLTRO III. Gross loans came to 48.8 billion as of the end of June 2020, down by around 300

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