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  1. Moody’s affirms Greece’s rating at Caa3 with stable outlook
    Photo by MacroPolis

    Economy

    the European political dynamics also including the electoral calendar in a number of key European

    7%
  2. Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    percent QoQ to 487 million in Q3, mostly reflecting a calendar effect, while the reduced funding

    7%
  3. Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
    Photo by MacroPolis

    EconomyBanking

    by 1.6 percent QoQ to 483 million, mostly reflecting a calendar effect (two less days in Q1 versus Q4

    7%
  4. Material deprivation rises, while poverty risk drops slightly
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    on Income and Living Conditions of Households (SILC) referencing the previous calendar year (2015

    7%
  5. Capital controls to ease further from the beginning of September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Individuals will be able to withdraw a lump sum of up to 1,800 euros per calendar month from September 1 as part of government moves to further relax the capital controls in place since 2015. This is an expansion on the lump sum of 840 euros every two weeks which is the limit currently in place

    7%
  6. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    rebounded by 2.3 percent QoQ to 494 million in Q2, due to calendar effect (one more working day

    7%
  7. Trust in Greek banking system shaky, survey suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    to 1,800 euros per calendar month rather than 840 euros every two weeks. However, critics pointed out

    7%
  8. Capital controls to be loosened further, restrictions on foreign cash removed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was changed from a lump sum of 840 euros every two weeks to 1,800 euros per calendar month

    7%
  9. Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    accounts. This will increase from 2,300 to 5,000 euros. This is applicable per calendar month, per

    7%
  10. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    by the calendar effect of 10 million euros and lower contribution from loans. Lower average loan balances

    7%