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  1. PMI edges up to 49.7 in Apr, highest reading in last three months but concerns remain

    EconomyMacroeconomy

    Greece’s Manufacturing PMI rebounded for the second straight month by 0.7 points to 49.7 in April, Markit survey displayed on Wednesday. The April figure is the highest reading since February..., albeit marginal, continued in April for the second consecutive month. At the same time, goods producers

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  2. Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

    EconomyMacroeconomy

    from a drop of 0.8 percent posted in Q4 2015. The rate of decline in Q1 is the second highest... to positive GDP growth in the second half of the year. IMF foresees a slightly higher recession of 0.6

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  3. Greek stocks jump 2.8 pct during week on improved market sentiment

    Economy

    Exchange closed higher on the week, reaching 622.71 points on Friday. This is the second-highest reading... soared 8.3 percent for the second straight week. However, bank share losses still stand at 7.6 percent

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  4. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
    Photo by MacroPolis

    EconomyBanking

    . In specific, net interest income (NII) rebounded QoQ for the second straight quarter by 2 percent... for the second successive quarter by 10 percent QoQ to 67.8 million fully attributed to lower government

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  5. Eurogroup sets conditions for disbursements totalling 10.3 bln to take place

    EconomyProgramme

    prior actions, while the second of 2.8 billion euros after summer is also subject to milestones... of 915 million euros. The disbursement of the second tranche of 2.8 billion in autumn is linked

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  6. Creditors' deal comes up short on debt relief for Tsipras
    Photo by MacroPolis

    PoliticsGreek Politics

    of arrears. The remaining 2.8 billion euros will be released in a second tranche after the summer... relief measures once the second programme was completed. This leaves the government mostly focussing

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  7. Putin visit highlights potential, but also limitations, of Greece-Russia ties

    PoliticsForeign Policy

    privatisation of the Greek railways (TRAINOSE) and of Thessaloniki's port, the second largest... is related to the Greek – Bulgarian pipeline, IGB and the second LNG terminal, in Alexandroupolis

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  8. Office prices ease 0.2 pct in 2015, retail prices drop by 3.5 pct

    EconomyMacroeconomy

    Office prices in Greece grew by 0.2 percent in the second half (H2) of 2015, Bank of Greece (BoG) data displayed on Monday. This was the first positive reading since 2011 when official data are available. Compared to the previous period (H1 2015), the office price index rose for the second straight

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  9. Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln

    EconomyMacroeconomy

    Greek bank credit contraction slowed down for the second straight month to 1.9 percent in April from 2.1 percent in March, Bank of Greece (BoG) figures showed on Tuesday. Net deductions eased to 117... with the lending flow staying positive for the second successive month, albeit at lower to March levels

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  10. Access to finance remains far bigger problem for Greek SMEs compared to euro area peers

    EconomyMacroeconomy

    , while it continued to record a negative value at the eurozone level for the second straight year... percent, which is the second highest after Italy’s figure of 3 percent. On the short-term outlook

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