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  1. Greek stocks edge up 0.7 pct on week, banks rise 3.8 pct for first time in last six weeks
    Photo via www.helex.com

    Economy

    loan of 360 million at a favourable rate, a capital injection by the strategic investor Sklavenitis

    2%
  2. Retail sales drop for thirteenth straight month by 5.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    the rate of fall accelerated as of July after the imposition of capital controls. The June 2016

    2%
  3. Stable rate in time deposits, corporate loan rates pick up in July

    EconomyMacroeconomy

    Greek households’ new time deposit rate was kept stable at 0.86 percent in July, Bank of Greece (BoG) data showed on Thursday. This rate is hovering around 0.85 to 0.88 percent in the last five months, after a notable drop by 90 bps following the imposition of capital controls at the end of June

    2%
  4. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    of 3.1 billion related to Finansbank that does not affect equity and capital. Excluding

    2%
  5. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    banking system by the end of the year mostly on the back of capital controls’ relaxation. However

    2%
  6. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    stressing the transaction is profitable and capital accretive. Earlier in January, the bank had also

    2%
  7. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    and capital. Excluding this extraordinary item, net losses stood at 26 million in Q2 from profits of 26

    2%
  8. Fitch affirms Greece’s rating at ‘CCC’

    Economy

    in 2018. On the banking sector, Fitch estimates the recent partial relaxation of capital controls

    2%
  9. HFSF study identifies constraints on developing dynamic NPL market

    EconomyBanking

    could also inject significant capital into the corporate sector and promote economic growth

    2%
  10. H1 exports show notable fall in many sectors but agricultural products buck trend
    Photo by MacroPolis

    Economy

    . These include lack of liquidity, capital controls, state arrears to the private sector, delays

    2%