Eurozone crisis
NBG sees non-performing loans falling to about 5 pct by 2022
Greece's second-largest lender National Bank (NBG) plans to reduce its non-performing loan portfolio to around 5 percent of total loans by 2022, it said in an investor presentation on Thursday, from 41 percent at the end of 2018.
Romania's GDP advances 5pct in Q1 2019 from Q1 2018
Romania's Q1 2019 Gross Domestic Product (GDP), as against the same quarter of 2018, recorded an increase by 5.0 percent for the unadjusted series and by 5.1 percent for the seasonally adjusted series, according to data with the National Statistics Institute (INS) released on Wednesday.
Forty Greek parties to participate in EU elections
A section of Greece's Supreme Court ruled on Friday that 40 parties and coalitions will participate in the upcoming European elections on May 26.
A total of 49 parties had registered to run at the top court's prosecutor's office but nine failed to pay the required 3,000 euros fee or to present a full list of candidates.
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EU said to be concerned over new tax and spending plan
Eurozone officials showed concern after Athens announced plans to cut taxes and raise welfare spending which could breach commitments made by Greece to its creditors, three sources involved in monitoring the country's fiscal situation said.
European Commission downwardly revises Romania's 2019 real GDP growth at 3.3pct
The European Commission on Tuesday downwardly revised to 3.3 percent its estimates of the real Romanian economy growth this year, from a January forecast of 3.8 percent. The European Commission published on Tuesday its spring economic forecasts.
Serbia's public debt now at 50.9 percent of GDP
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Greek gov’t buoyed by EWG approval
The approval by the Euro Working Group Thursday of Greece's request for the early repayment of part of its debts to the International Monetary Fund buoyed the government, which is seeking to bolster its flagging popularity in the countdown to local and European elections later this month.
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Improved yield in T-bill auction
Greece raised 1.14 billion euros on Tuesday in a 26-week treasury bills sale, according to the country's Public Debt Management Agency (PDMA).
The treasury bills were sold at 0.46 percent yield, down from 0.58 percent from the previous similar auction conducted on April 3 this year, the emailed PDMA press release said.
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Greek unemployment rate at 18.5 pct in January, Eurostat finds
Greece's unemployment rate was 18.5 percent in January, slightly up from 18.4 percent in December, yet down from 20.6 percent in January 2018, Eurostat said in a report released Tuesday.
S&P refrains from raising Greece's credit rating citing election risks
Standard & Poor's stopped short of raising Greece's sovereign rating on Friday, affirming it at B+ with a positive outlook, although the market had widely anticipated an upgrade.