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  1. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
    Photo by MacroPolis

    EconomyBanking

    its previous more optimistic estimates on deposit gathering in Greece, the management stated during

    1%

  2. HFSF sees market value of bank holdings plunge to 2.4 bln after closure, capital controls

    EconomyBanking

    of 5.43 billion the two banks received. The banking index sank by another 40 percent during the first.... Of this amount, HFSF estimates the recoverable amount stands at 2.05 billion.

    1%

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

    EconomyBanking

    to 50 percent from 50.7 percent in Q1. The bank estimates a notable reduction in NPE formation in H2. During the conference call, the management noted that the draft plan submitted to the regulator

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

    Agora

    is hovering between 0.85 to 0.88 percent in the past five months. However, during the conference calls... stood at 22 million euros, while NBG estimates the annualised positive impact at 200 million. BoG

    1%

  5. Turnover in tourism sector rebounds 2.6 pct in Q3
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    trend include a decline in the average length of stay, the competitive prices offered during.... Although all estimates and figures point to a positive volume growth for the whole year, travel receipts

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  6. Travel receipts rise 4.7 pct in Dec, 2016 figure down 6.4 pct despite increased arrivals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    offers during the peak period last summer. The preliminary figures published by SETE showed international..., according to the Institute of SETE (INSETE), with preliminary estimates for air seat planning in early

    1%

  7. Fitch keeps Greece’s rating at ‘CCC’
    Photo by Panayiotos Tzamaros

    Economy

    thinks that the European countries’ desire is to avoid a Greek political crisis during an election year...). On the fiscal front, Fitch estimates that the primary surplus reached 2.5 percent of GDP in 2016, way above

    1%

  8. Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    -minute offers during the peak period last summer, according to the Greek Tourism Confederation (SETE). The initial SETE estimates point to a rise in non-residents’ arrivals by 1.2 million or 4.8 percent

    1%

  9. Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    resulted from re-defaults. During the conference call, the management noted that following... bonds currently stands at just 300 million, while it estimates to fully repay those bonds

    1%

  10. IMF Spring Meetings seen as next waypoint in completion of review
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . According to a timeline hinted at by government spokesman Dimitris Tzanakopoulos during a regular... be reached before the end of April given that it estimates the technical teams will need no more than

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