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  1. Stocks rebound by 0.7 pct for third straight week amid light trading activity
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Jumbo said net profits rose by 12 percent in the first half to 81.4 million euros, while turnover... Telecom (OTE) reported a drop of 7.8 percent in net profits to 151.9 million in 2016 with turnover

    3%

  2. Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the February figure includes the dividend received from the Bank of Greece’s 2016 net profits... target. As a result, net revenues fell by 1.5 percent in the 2-month period and landed at 7.98 billion

    3%

  3. Stocks down by another 1.4 pct over week as Brussels talks prove inconclusive
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    in the previous week. Corporate news Titan posted a significant improvement in its 2016 results with net... to 1.51 billion and EBITDA rose 28.7 percent to 278.6 million. Aegean Airlines net profits fell

    3%

  4. Stocks finish week on high after progress at Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    also reduced its net losses to 3.1 million in 2016 from 22.1 million in 2015 with its turnover rising.... Public Power Corporation (PPC) recorded net profits of 67.5 million in 2016 from losses of 102.5

    3%

  5. Greece sees highest tax wedge increase among OECD countries in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    looking at the employee net tax burden, which strips out employer contributions, the Greek figure... percent. However, the net tax burden of 23 percent for a married worker with two children in Greece

    3%

  6. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    (MTFS) for 2018-2021, a pension reform with net savings of 1 percent of GDP in 2019-2021 and a personal income tax (PIT) reform also delivering net savings of 1 percent of GDP in 2020 and 2021

    3%

  7. Building activity falls by 4.2 pct in February

    EconomyMacroeconomy

    their peak in Q3 2008. Meanwhile, the net flow in housing loan market remains persistently negative since early 2011 with extended net deductions of more than 14.8 billion euros, leading balances

    3%

  8. Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the net budget revenue by 1.29 billion euros, mitigated by lower Public Investment Budget (PIB... preliminary figures for the 4-month period showed that net revenues fell short of the target by 152

    3%

  9. Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    balance stayed positive in May, with net hirings climbing by around 13,000 to 89,534 from 76,591 a year earlier. Hirings stood at 264,587 compared to 175,053 departures. The biggest contributors to net

    3%

  10. Athens holds off on bond as Tsipras talks up labour market
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    database, there were almost 100,000 net hirings in June, which was the highest figure seen... almost 256,000 net hirings. Tsipras also pointed during his speech to a gradual increase in wages

    3%