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  1. IMF sees eurozone debt relief pledges failing to deliver sustainability
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    1.1 percent of last year’s GDP. The Fund argues this a realistic projection given Greece’s track

    2%
  2. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    successive quarter by 1.1 billion QoQ and landed at 23 billion. As a result, the NPL ratio fell

    2%
  3. Trade deficit up by 5.9 pct in July as export growth slows
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    and the value of ships, imports and exports grew by 6.7 and 1.1 percent, respectively. This pushed the trade

    2%
  4. Coalition banks on surplus transfers, waits for Hellenikon verdict
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to redistribute roughly 1.1 billion euros. Around 800 million euros will be directed towards vulnerable

    2%
  5. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    this year and -1.1 percent of GDP in 2018, reaching a remarkable overall surplus of 0.2 percent of GDP

    2%
  6. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of -0.9 percent. In nominal terms, the economy in 2014 contracted by -1.1 percent, and by a further

    2%
  7. PM hopes to avoid stumbling blocks amid numerous outstanding review actions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    that Athens will not contribute any more than 1.1 billion euros and that this will be spread over 10

    2%
  8. Sub-tranche released but PPC poses key challenge in review

    EconomyProgramme

    1.9 billion euros and that around 1.1 to 1.2 billion of this will be redistributed. SYRIZA-friendly

    2%
  9. Retail sales drop by 0.3 pct in August, first negative reading for the year
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales fell by 0.3 percent year-on-year in August after revised growth of 1.8 percent in July, according to data published by the Hellenic Statistical Agency (ELSTAT) on Tuesday. Compared to the previous month, August’s figure declined by 1.1 percent. The headline figure

    2%
  10. Debt relief-for-reforms option being discussed for post-programme era
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    in the draft 2018 budget and would allow the government to hand out at least 1.1 billion euros

    2%