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  1. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    The National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1) of 2017, compared to 73 million in the previous quarter. This largely reflects the elimination of trading and other income, which included a one-off gain of 150 million euros related to the sale

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  2. Lenders provide words of support and warning regarding debt talks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in these success stories is policy reform.” Strauch finished off his speech by stressing the needs for Athens

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  3. Bank branches fall in 2016, degree of concentration highest in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyBanking

    which completely transformed the Greek banking sector. Piraeus kicked off the M&A activity by absorbing

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  4. Banks meet overall NPE reduction target in Q1 2017, largely on write-offs
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek banks continued meeting their non-performing exposure (NPE) reduction target in the first quarter (Q1) of 2017 according to the third quarterly report on operational targets for NPEs published by the Bank of Greece (BoG) on Tuesday afternoon. However, they were slightly off-target for non

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  5. OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of improvements in tax compliance and one-off revenues from tax arrears. Going forward, the OECD

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  6. SYRIZA holds fire as Eurogroup expectations continue to be lowered
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    eurozone finance ministers meet again. They also need to be ticked off so that the institutions can

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  7. BoG reveals number of indebted borrowers, details business NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    off-balance sheet items, which are included in the figures presented by the BoG’s governor.

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  8. Greece secures next bailout tranche, moves towards deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    ,” holding off on any further financial commitment until the debt issue has been settled. German

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  9. Newsletter 123 - 16/06/2017

    Newsletters

    and inclusion in the ECB’s QE programme is still some way off. The government had planned to build a path back

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  10. Greek media often sensationalised coverage of refugee crisis, study argues
    Photo by Giannis Papanikos/Fosphotos

    Society

    crisis has largely fallen off the agenda of the local media who have reverted to covering sensational

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