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  1. Piraeus Bank appoints new CEO, ending a long period of uncertainty
    Photo by MacroPolis

    EconomyBanking

    as Piraeus chairman for 25 years, resigned on July 20, 2016 and George Handjinicolaou appointed new chairman on November 1, 2016. Following the appointment of the CEO, Handjinicolaou noted

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  2. Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
    Photo by MacroPolis

    EconomyMacroeconomy

    percent and reach 26 million in 2017. Taking also into account that cruise ships’ arrivals may drop 20... in 2017, Andreadis noted. In addition, travel receipts are projected to increase by at least 1 billion

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  3. Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
    Photo by MacroPolis

    EconomyBanking

    ) figures published earlier this week. The phased-in Common Equity Tier 1 (CET1) ratio rose by 20 basis

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  4. Newsletter 121 - 02/06/2017

    Newsletters

    with net deductions of 20 million in the 4-month period. Since the beginning of 2011, credit... months. Meanwhile, the corresponding volume fell by 1 percent in March after a strong but short-lived

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  5. Greek university system out of sync with economic reality, study finds
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    . For example, architecture students have risen by 20 percent at a time when the private construction... appear to have taken up these schemes. According to the study, around 1 million job places have

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  6. Newsletter 124 - 23/06/2017

    Newsletters

    stuck at 20 percent. This highlights the size of the task Tsipras has ahead of him in order to win...’s testimony in connection to a major drug smuggling incident. The allegations concern the Noor 1

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  7. Greeks trust social media more than news media, Reuters study shows
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    was observed in other countries. In the US, the response was 38 percent for news versus 20 percent... consumers (down by -1 percent), and computers by 70 percent (down by -2 percent). Breaking down the surveys

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  8. The conundrum of Greek olive oil exports
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    will decrease by around 20 percent overall compared to the previous year due to a decrease... demand for olive oil because the local cost of production is relatively high at 1 euro per kilogram

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  9. Athens hopes for sub-tranche this week, ND keeps up pressure on Kammenos
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Central Bank, which are worth 4 billion euros and mature on July 20. Also, 0.8 billion from the 7.7... for a parliamentary inquiry to be set up to investigate Kammenos’s intervention in the Noor 1 drug smuggling

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  10. Newsletter 131 - 8/9/2017

    Newsletters

    to 33.9 billion until 20 September. The move is further reflection of improving liquidity... are unemployed fell by 13,867 compared to May, to total 1 million in June. The labour force rose slightly to 4.8

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