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  1. Greek banks complete first round of covered bond issues
    Photo by MacroPolis

    EconomyBanking

    of Piraeus Bank’s 10 billion euro covered bond programme. The yield was set at the 3-month Euribor plus 250

    6%
  2. Pensions continue to be main source of income for half of Greek households
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    not be able to do so. Some 20.2 percent of households have both the ENFIA tax plus a mortgage payment

    6%
  3. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    this year, plus spread reduction, also contributed negatively by 28 million euros. On a positive note

    6%
  4. No bounce for Tsipras in poll as cracks appear in centre-left
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that KINAL has become a “PASOK plus” and not the renewed centre-left movement that many had been hoping

    6%
  5. Greek debt management agency sees Eurogroup debt deal favourably
    Photo by MacroPolis

    EconomyProgramme

    plus the longer term commitments aimed at: facilitating market access, smoothening the repayment

    6%
  6. Newsletter 172 -27/07/2018

    Newsletters

    seven years due to a sharp rise in unemployment, plus wage and pension cuts.. Credit contraction

    6%
  7. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    services are subject to 13 percent VAT. Food and beverage plus other services sold to clients incur

    6%
  8. Athens adjusts foreclosure framework, waits for lenders to give green light
    By Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    is estimated to be around 650 million euros in ANFA and SMP profits plus around 330 million euros

    6%
  9. Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
    Image via www.piraeusbankgroup.com

    EconomyBanking

    inflows, plus third party REOs. The agreement values the platform at 410 million euros. The total

    6%
  10. Tsipras steps in to limit damage, Mitsotakis eyes tax cuts and fiscal targets
    Photo by MacroPolis

    PoliticsGreek Politics

    , the opposition party has probably promised more in the form of tax cuts than the government, plus

    6%