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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingEurobank posted an improvement in net profits to 85.4 million in the third quarter (Q3) of 2016 from 46.2 million in the previous quarter. Q3 bottom-line results include a one-off gain of 55 million from the disposal of its insurance unit, Eurolife ERB. Core pre-provision profit (PPI) improved
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Greece, lenders inch forward after talks on settlement of tax and bank debt
EconomyProgrammebe written-off. According to Economy Ministry sources, one or two meetings of the technical delegations may
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Greece worst-performer in EU 28 for social justice
SocietyGreeks employed in 2015, the lowest rate in the 28-country sample, Greece falls “dauntingly far off
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Newsletter 97 - 25/11/2016
that after a period of 1-2 years the country would probably be better or worse off. This is an interesting
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Tsipras and Mitsotakis speak to their MPs but address wider audience
PoliticsGreek Politicsemploy more on the upswing and you lay off more in the downswing; the average level of employment
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NBG turns profitable in Q3, NPE stock drops further by 1 billion
EconomyBankingNational Bank of Greece (NBG) turned profitable again in the third quarter (Q3) of 2016 with a positive bottom-line result of 16 million from losses of 3.06 billion in Q2, which fully reflected a one-off loss of 3.1 billion related to the recycling of Finansbank’s losses that were previously
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Contrasting views on Cyprus breakdown; Greek role under scrutiny
PoliticsForeign Policythey left off. Turkish Cypriot leader Mustafa Akinci on Tuesday blamed the Greek Cypriot side
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EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek Politicsis let off the hook of the growth and stability pact,” he added. It should be noted, though
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Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
EconomyMacroeconomyoff-balance sheet items, the June figure stands at 106.9 billion euros, corresponding to 50.5
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Are we taking Greeks' devotion to the euro for granted?
Agorayears the country would probably be better or worse off. This is an interesting question because one
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