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  1. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    of 20 percent – in each of the preceding five years with the exception of 2010 when... and a capital gains tax of 15 percent were introduced as of January 1, 2014. It should be pointed out

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  2. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    management unit with assets under management of 2.1 billion, of which deposits amounted to 1 billion b) net loans, mainly credit card balances of 0.4 billion c) network of 20 branches with 730 employees

    11%
  3. Greece raised lower than expected amount from 3-year bond issue, yield at the high end

    Economy

    ” The MoF statement also notes that total offers reached 3 billion euros, materially lower than the 20.... This would allow the disbursement of the next sub-tranche of 1 billion also paving the way for Greece

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  4. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    the officially anticipated 0.6 percent, reaching 0.9 to 1 percent thanks largely to tourism... to those of the previous 20 years, when 45,000 new jobs were created each year. On Greek banks, the PBO

    11%
  5. Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
    Photo by MacroPolis

    Economy

    statements multiplied by 20 percent. This percentage is equivalent to a 2-year phase-out (10 percent... Equity Tier 1 (CET1) capital. The new legislation related to the conversion of DTA to tax credit, which

    11%
  6. Greece is least socially just country in EU, report indicates
    Photo by Harry van Versendaal

    Society

    people aged between 20 and 24 are neither working nor in education or training. “The very significant... 24th with 4.68 but displays the biggest drop (1 point) of all the countries rated in 2008

    11%
  7. Bigger drop for Greek industrial production, which fell by 5.7 pct in August

    EconomyMacroeconomy

    negative reading in the eight months of 2014 and the seventeenth over the past 20 months. Three.... Mining and quarrying, as well as manufacturing production, rose by 1 and 0.3 percent respectively

    11%
  8. Greece changes banks' DTA conversion law to secure ECB/EBA approval
    Photo by MacroPolis

    Economy

    (annual) profit loss. For example, if a bank has a capital of 10 billion, of which DTC is 2 billion (20 percent of total), and the bank reports pre-tax loss of 1 billion, then the bank will proceed

    11%
  9. Greek credit contracts by another 3.5 pct in Sept as balances ease to 212 bln

    EconomyMacroeconomy

    institutions fell 2.9 percent, unchanged from the two preceding months. Balances fell by almost 1 billion... by almost 800 million euros MoM to 26.81 billion, while monthly flow showed marginal net additions of 20

    11%
  10. Significant rises for Greek economic sentiment, consumer confidence in October
    Photo by MacroPolis

    EconomyMacroeconomy

    , extending its cumulative gains to 20 points in the 9-month period. Industry confidence rose by almost 5... moderate rise by 1 point to 15.8 in October. The YtD gains stand at almost 21 points.

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