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  1. Newsletter 80 - 01/07/2016

    Newsletters

    in May on net loan deductions of 357 million, the second highest figure in the course of this year... the beginning of the year, loan net deductions stand close to 1.5 billion, similar to those reported... earlier. Net deductions increased to 357 million euros in May, which is the second highest figure

    2%
  2. Greek stocks fall 1.5 pct, banks underperform for third straight week
    Photo via www.helex.com

    Economy

    for Eurobank improving its CET1 ratio by 27 bps. Grivalia Properties net profits fell by 76 percent to 5..., the company’s net asset value (NAV) stood at 846 million or 8.35 euros per share. Mytilineos net... net profits by 33.6 percent to 19.4 million with revenues up by 2 percent to 262.6 million, while

    2%
  3. Greek stocks rebound 2.4 pct, banks edge down for fourth successive week
    Photo via www.helex.com

    Economy

    . Corporate news Coca Cola Hellenic (CCH) posted on Thursday a 2.4 percent rise in FX neutral net sales in the first half (H1), while accounting for the currency movements reported net sales fell by 3.4 percent. Comparable net profit increased by 6.1 percent to 150.4 million. On the same day, Hellenic Telecom

    2%
  4. Greek stocks rebound 2.6 pct during week as banks lead way
    Photo via www.helex.com

    Economy

    investment funds. Aegean Airlines reported net loss of 23.7 million in the first half (H1) compared to net profits of 14.8 million a year ago, while EBITDA was also negative at 20.1 million from... to 47.7 million from 48.3 million last year. Net Asset Value (NAV) stood at 756 million

    2%
  5. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    , implying a cushion of 230 and 139 million respectively against fiscal targets. Budget net revenues... significantly lower than expected SMP and ANFA revenues. Net revenues are seen slightly rising by 0.3... tax on corporate cars (91 million) On the expenditure front, the key interventions with a net savings

    2%
  6. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Budget net revenues are forecast to increase by almost 2.3 billion euros to 50.37 billion in 2017... with a net savings impact of 99.4 million involve: 1) Social security contributions and social allowances with estimated net savings of 297.4 million, largely stemming from gradual reduction in EKAS

    2%
  7. Newsletter 100 - 16/12/2016

    Newsletters

    workers. The employment balance remained negative in November, with net departures increasing... in November. The biggest contributor to November net hirings was education, which added 7,054 jobs. In contrast, the highest net departures were recorded in accommodation (-32,150) and food services

    2%
  8. Current account deficit of 1.2 bln in Nov turns 11-month balance negative
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in the services’ surplus is mostly attributed to higher net transport and other services receipts... income balance is owed to higher general government net payments. Following the evolution of C... percent). The notable deterioration in the services’ balance mainly reflects a significant decline in net

    2%
  9. Job departures hit 17-year high of 29,817 in January
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance stayed negative in January 2017, with net departures climbing to 29,817 from.... This year’s figure is the third successive and the highest reading for January net departures since... to January net hirings was education (+3,296) followed by repair and installation of machinery

    2%
  10. Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
    Photo by MacroPolis

    EconomyBanking

    by announcing that it posted net losses of 17.7 million euros in Q4 from profits of 30.6 million... losses of 3.49 billion. The bank’s Greek operations recorded net profits of 74 million in 2016, which... percent to 1.32 billion mostly reflecting lower net interest income (NII). Asset quality Non-performing

    2%