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  1. Can Greece learn to love renewable energy?

    EconomyFeatures

    part-state owned Public Power Corporation (PPC). The country’s mines rank second in the EU... panels.[6] Despite this, the positive outcome was that Greece is second only to Germany in terms.../uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas

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  2. Lower bad loan provisions and increased write-offs for Greek banks in Q2
    Photo by MacroPolis

    Economy

    Ahead of the release of Greek banks’ second quarter (Q2) results, which are due next week, the aggregate balance-sheet figures published by the Bank of Greece (BoG) provide some colour... million euros were booked in Q2. In the second half of last year, Greek banks posted another 446 million

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  3. Retail sales drop for thirteenth straight month by 5.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    continued showing contradicting trends. Consumer confidence fell for the second straight month by 0.9 points to -70.1 in August, while the trade confidence indicator improved for the second successive

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  4. PMI picks up to 50.4 in August, new orders grow for first time in two years

    EconomyMacroeconomy

    , production increased for the second time this year at a rate broadly similar to the historical average, while... export orders rose for the second straight month at the fastest pace since July 2014. Employment

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  5. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    shares soared 12.4 percent in the aftermath of their second quarter (Q2) results that showed improving... reported a positive bottom-line result for the second straight quarter with net profits at 46.2

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  6. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Eurobank remained profitable for the second straight quarter, albeit with lower net profits of 46.2 million in the second quarter (Q2) of 2016 from 60.2 million in the previous quarter. Results include one off gains related to the Visa transaction and sale of EFSF bonds and the negative impact from

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  7. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    The four core Greek banks released their second quarter (Q2) results in the last two days of August, which showed improving trends in core revenues as well as encouraging signs on the loan quality... issue of asset quality, Piraeus recorded a negative non-performing loan (NPL) formation for the second

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  8. Car sales rise at a slower pace of 14.1 pct in Aug

    EconomyMacroeconomy

    numbers, car sales reached 8,035 in August, which is the second lowest figure so far this year, after... month. The absolute figure landed at 6,350 in August, which also represents the second lowest

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  9. Turnover in tourism sector edges down 1.1 pct in Q2

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services slipped again in the second quarter (Q2) of 2016, albeit at the notably slower pace of 1.1 percent from a downward revised drop of 11.2 percent... in the second half of the year.

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  10. Budget primary surplus of 3.8 bln to Aug beats target by wide margin

    EconomyMacroeconomy

    this year. Compared to the target, August revenues fell short for the second successive month by 63... ENFIA instalment of 738 million euros, the second bi-monthly instalment of personal income tax worth

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