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Deposits rise by 2 bln in Aug, reaching new recent high of 205.4 bln
EconomyMacroeconomyThe Greek banking system’s private sector deposits rose in August, with a net increase of 2.05 billion euros, after a drop of 1.15 billion euros in July, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in Jul...
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Greek C/A deficit to July narrowed to just 156 mln with boost from tourism
EconomyMacroeconomyin the current transfers’ surplus to 1.86 billion, from just 100 million last year, owing... at the end of May called for a C/A deficit at 3 percent of GDP in 2013 and to hover around 2 percent in 2014
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomy, from 100 million in February, chiefly due to an inflow of 200 million from the participation.... It forecasts a C/A surplus of about 2 percent of GDP in 2014. The key risks to its short-term
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Eurobank records net loss of 207.4 mln in Q1
EconomyBankingat 100 million in 2014. Within Q1, the number of employees was cut by 1.5 percent to 17.7 thousand... stood at 2 billion euros at the end of Q1, was eliminated within Q2. Following the capital increase
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Political tremors shake Spain, overshadow economic progress
Agora(We Can) targeted a glaring political gap comprised by around 2 million people who are highly... of 5.8 percent this year and 4.2 percent in 2015, a ballooning public debt is getting closer to 100
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Loan and deposit rates edge down in May but remain above euro area average
EconomyMacroeconomydeposit rate is gradually falling, it remains more than 100 bps above the respective euro-area average... percentage points for loan amounts above 250,000 euros and by 2 percentage points for lower amounts
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Paris talks mark start of Greece's most crucial troika review
EconomyProgrammeindicate that it is estimated at 900 million by the Greek government and at 2 billion by the troika... to 100. Nevertheless, the troika inspectors have not accepted such a development so far. Local media
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Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBankingof the targeted cost synergies and 100 percent of funding synergies related to the acquisition of 5 banks... in the right direction, while the strengthening of the balance with 2 billion provisions in Q3 facilitates
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First signs from new Greek government point to awkward meetings with lenders
EconomyProgrammestake in PPC capacity and client base (small PPC). 2) The sale of a 66 percent share... in Thessaloniki Port Authority and 100 percent stake in Trainose (operation and management of railway
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Greece sets out broad reform plan for lenders' approval
EconomyProgramme, public spending, social security reform, public administration and corruption. 2) Financial... of the previous years in up to 100 instalments. On NPLs, the government pledged to deal in a manner that fully
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