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  1. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    , approximately 1 billion will appear on the bank's balance sheet. The sale is part of Eurobank's plan to reduce... for the sale of the portfolios which are collateralised against real estate with an on-book value of 1

    3%
  2. Getting to the church on time
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    earlier this year on a 1:1 departures to hirings ratio. He added that the positions would

    3%
  3. Central government debt increases by 10.7 bln to 356.03 bln in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 13

    3%
  4. Newsletter 184 -23/11/2018

    Newsletters

    on Wednesday, did not include the 1 percent of GDP reduction in pension spending agreed in 2017, nor... for 2019 without 1 percent of GDP in pension cuts and several other crowd-pleasing measures ahead

    3%
  5. Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
    Image via www.eurobank.gr

    EconomyBanking

    a decline for an eighth quarter. A minor increase of 1 million euros in NPE formations was seen... billion in June, and to 1.2 billion as of November 9, 2018. Capital The phased-in Common Equity Tier 1

    3%
  6. Newsletter 185 -30/11/2018

    Newsletters

    for cutting pension spending by 1 percent of GDP. Given that the pension cuts have now been abandoned... specifically, the level of exposures that are unlikely to pay and those in delay between 1 and 90 days

    3%
  7. A European intelligence school led by Greece and Cyprus?
    Photo by Manolis Tsafos/Fosphotos

    Agora

    of Cyprus. This project is part of a list of 17 joint projects signed within the PESCO framework[1]. PESCO...-President of the Open Diplomacy Institute (Paris, France). [1] Greece will also lead the training

    3%
  8. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    declining by 39 percent to 513 million euros. Net interest income (NII) edged down slightly by 1 percent... to stand at 8 billion. P&L NII stood at 346 million euros in Q3, down by 1 percent, and declining by 16

    3%
  9. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP grew by 1 percent quarter-on-quarter (QoQ) in the third quarter (Q3) of 2018, after an upwardly revised increase of 0.4 percent in the previous quarter... estimates that private consumption will grow by 1 percent overall this year. For next year, private

    3%
  10. Unemployment rate declines to 18.3 pct in Q3
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    -on-quarter, keeping the figure under 1 million for a second consecutive month, and coming to around...) rose slightly to 20.6 percent in Q3 from 20.3 percent in Q2. The number of long-term unemployed (over 1

    3%