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  1. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank turned net losses of 37 million euros in the first quarter (Q1) of 2016 to profits of 20 million in Q2, which include a one-off trading gain of 77 million from the acquisition of Visa Europe from Visa Inc. Excluding this one-off item, recurring pre-provision income (PPI) improved by 8

    3%

  2. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Alpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million in the previous quarter. Results incorporate a one-off trading gain of 71.9 million euros from... aims to pay off the current amount by the end of the year subject to maturities and deposit inflows

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  3. Kammenos eases tension with church, leaving coalition to focus graft attacks
    Photo by MacroPolis

    PoliticsGreek Politics

    is already trying to fend off accusations of corruption from the opposition. The defence minister, who also... being. Given the coalition is trying to fight off corruption allegations, a full-blown row

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  4. Newsletter 91 - 07/10/2016

    Newsletters

    complied with Greece’s constitution was recently called off by court president Nikos Sakellariou... line given that it is also trying to fend off claims of corruption with relation to the TV tender

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  5. Tsipras braces for SYRIZA congress, weighs up reshuffle options
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    PoliticsGreek Politics

    , the best that Tsipras can hope for is that the congress will be an opportunity for members to let off... be put off for the time being. Time would probably be lost in having ministers taking over new

    3%

  6. Some progress in first round of talks but most second review issues remain unresolved
    Photo by MacroPolis

    EconomyProgramme

    and contributions that will be written off. It has been agreed that VAT debt will be excluded from any write off. Stathakis also discussed with the institutions the simplification of business licencing

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  7. First day of review talks highlights differences as Athens eyes tight schedule
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    be excluded from any write-off, while lenders propose all tax debt should be eligible for write-off

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  8. Newsletter 96 - 18/11/2016

    Newsletters

    , respectively. Piraeus Bank kicked off Greek banks’ Q3 results announcements on Tuesday, reporting net... the government and the institution mission chiefs, which kicked off on Tuesday, the two sides focused

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  9. Newsletter 98 - 02/12/2016

    Newsletters

    for the government. A trade-off between changing the rules on collective dismissals, which the coalition... recovery that will follow. With growth, the lenders off his back and perhaps more fiscal space, Tsipras can

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  10. What the agreement between Greece and lenders means for fiscal and tax policy
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    and concrete steps for the collection of tax on incomes generated off-shore. The Greek authorities will also... establishing clear criteria of non-collectability to write off tax claims, allowing debt relief

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