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Greek stocks rise 3.8 pct on week, banks rebound by 10.7 pct
EconomyThe Greek stock market traded in positive territory in four straight sessions, ending the week up by 3.8 percent despite a correction of 1 percent on Friday. The trading activity recovered from last week’s low level but remained subdued overall. On Thursday the Athens Stock Exchange general index
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Moscovici tries to kill discussion of primary surplus targets as easing of capital controls cleared
EconomyProgrammeto MPs on July 11. The key measures included in the Greek proposal involve: 1) Abolition of withdrawal
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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankingwith an exposure above 1 million euros or any exposure in arrears. Furthermore, considering the SSM
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Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
Economy0.4 percent of total) owe more than 1 million each for a total amount of 3.76 billion euros, which
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Newsletter 84 - 29/07/2016
that beat the target by more than 1 billion. It is worth noting that tax revenues surged 38.8 percent
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Greek stocks remain flat during week, banks underperform
Economyerased losses posted in the preceding sessions. The FTSE/Large Cap index fell 1 percent this week, while
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Bank of Greece publishes revised Code of Conduct for management of NPLs
EconomyMacroeconomyBank of Greece published on Tuesday evening the revised Code of Conduct for the management of non-performing loans (NPLs) held by individuals and very small businesses (with turnover less than 1 million euros). The code outlines general principles of behaviour and adopts best practices for banks
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Newsletter 85 - 05/08/2016
official mosque, with almost 1 million euros of public funds. The legislation received widespread support
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Greek stocks fall 1.5 pct, banks underperform for third straight week
Economyto increase Piraeus Common Equity Tier 1 (CET1) ratio by 5 basis points (bps). Titan said on Tuesday
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek Politicsin an incremental rise of 1 million tourists per annum. Clearly, in the current environment the government cannot
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