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  1. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    March. This reflects a higher decrease in both households’ consumption by 1.8 percent (from 1 percent

    13%
  2. Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

    EconomyMacroeconomy

    ) owe more than 1 million each for a total amount of 3.85 billion, which corresponds to 22.7 percent

    13%
  3. Deposits edge down to 123.5 bln in September on outflows of 379 mln

    EconomyMacroeconomy

    -eurozone residents – recorded modest inflows of 153 million in September, from almost 1 billion

    13%
  4. Alpha and NBG complete sales of hotels
    Photo by MacroPolis

    EconomyBanking

    Equity Tier 1 (CET1) ratio stood at 16.6 percent in the second quarter (Q2). The completion

    13%
  5. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    credit to 1,600 euros (from 1,900 euros currently) with estimated savings of 1 billion euros (0.6

    13%
  6. General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln

    EconomyMacroeconomy

    to the Eurogroup Working Group on arrears clearance monitoring, the stock of arrears has dropped by 1

    13%
  7. Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    1 that its Board of Directors elected George Handjinicolaou as non-executive chairman. Louka Katseli

    13%
  8. Deadlock at NBG over chairman appointment
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    and constant review by the SSM. Piraeus Meanwhile, Piraeus Bank announced on November 1 that George

    13%
  9. Trade deficit falls 12.1 pct in Sept following export growth for first time since Apr 2015
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent) compared to exports (+1 percent) driving the corresponding trade deficit up 21.7 percent.

    13%
  10. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the Fiscal Council estimates that a growth of 1 percent in private consumption is more realistic

    13%