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  1. Greek stocks down 2.6 pct on week, banks underperform for fifth straight week
    Photo via www.helex.com

    Economy

    in July. The Labour Ministry’s information system (Ergani) data displayed net hirings reached 19,281 in July, which is the highest reading since 2001. In addition, net hirings for the 7-month period stood

    2%
  2. Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    the previous month to 200.54 billion, which is the lowest figure since July 2007. Meanwhile, the net additions of 479 million euros in June turned to net deductions of 638 million in July, the highest

    2%
  3. Greek stocks edge down 1.3 pct during week, banks perform poorly again
    Photo via www.helex.com

    Economy

    in first-half (H1) net profits to 97.4 million from 73.2 million a year ago, with turnover up 9.8... results on Friday wjich showed net losses narrowed to 18.2 million from 21.2 million last year

    2%
  4. Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    July 2007. Net deductions notably rose to 904 million in August, from 630 million in July, which... deductions of 609 million, which are the highest since May 2014. As a result, the net lending flow

    2%
  5. Greek stocks on the rise again, end week 2.1 pct up
    Photo via www.helex.com

    Economy

    euro sub-tranche are subject to a positive assessment by the institutions of the net arrears clearance... reported on Monday its 2015/2016 financial results, which showed net profits rose by 15.7 percent

    2%
  6. Stocks rebound 1.5 pct during week, banks climb 4.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    quarter (Q3) net profits to 78.3 million euros with turnover improving by 2.7 percent to almost 1 billion, while EBITDA fell by 4.5 percent to 335.3 million. Hellenic Petroleum’s Q3 net profits more than

    2%
  7. Greek stocks climb 4.3 pct on week, banks’ strong performance continues
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    9-month net profits stood at 34.6 million from losses of 2.2 million a year ago with sales... posted a drop of 11.2 percent in 9-month net profits to 14.3 million. Its turnover rose by 9.7 percent

    2%
  8. General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln

    EconomyMacroeconomy

    and 1.7 billion in October 26 exclusively for net arrears clearance. Bank of Greece figures published... into consideration that net arrears fell by a lower amount of 727 million, we conclude that arrears of 411 million

    2%
  9. In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    , in net loans by 3.14 billion and in bonds and stocks by almost 3 billion. The non-performing exposure... to a drop in performing loans by 3.2 percent, while net loans contracted at a slower pace of 1.6 percent

    2%
  10. Gains of 2.5 pct for stocks this week amid subdued trading volumes
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    in the previous week. Corporate news Coca Cola Hellenic (CCH) posted a rise of 22.5 percent in 2016 net profits to 343.3 million, while net sales fell by 2 percent to 6.21 billion. The Board of Directors

    2%