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  1. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank turned net losses of 37 million euros in the first quarter (Q1) of 2016 to profits of 20 million in Q2, which include a one-off trading gain of 77 million from the acquisition of Visa Europe from Visa Inc. Excluding this one-off item, recurring pre-provision income (PPI) improved by 8

    4%

  2. TV permit auction boosts Greek coffers but questions linger

    PoliticsGreek Politics

    will have to shut down in 90 days, according to the rules of the process. One of the most notable aspects... of guarantee after the deadline for the auction. One of those unable to obtain a license, Russian-born

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  3. Tsipras limits pledges and expectations in Thessaloniki
    Photo by MacroPolis

    PoliticsGreek Politics

    burden. The most testing moment for Tsipras came when he was questioned by a journalist from one... is likely to intensify in the weeks ahead. Poll The one opinion poll published over the weekend, made

    4%

  4. A closer look at the composition of Greece's bad loans
    Photo by MacroPolis

    EconomyBanking

    denounced loans) were non-performing for more than one year. For housing loans in particular... six months. BoG also stressed that from the NPEs that are non-performing for more than one year, more

    4%

  5. In EU, Athenians least satisfied with city life but becoming happier
    Photo by Can Esenbel [www.mundanepleasure.com]

    Society

    having the second lowest rate (53 percent). One likely cause is that Athens has the lowest employment... million), enjoys one of the lowest infant mortality rates of all EU capital cities (at 1.8 per

    4%

  6. Uncomfortable questions regarding TV auction mount for coalition

    PoliticsGreek Politics

    , following a report by Star TV. The channel, which was one of those that failed to secure a licence...-up as one of the successful bids was lodged by Christos Kalogritsas, the son of a construction firm

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  7. Government's relationship with Stournaras teeters again

    PoliticsForeign Policy

    nominations for the positions of chairman and CEO at Attica Bank. One of the nominees was Gerasimos... backed by Kalogritsas was one of the four successful bidders. This means a series of events

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  8. Newsletter 88 - 16/09/2016

    Newsletters

    than 80 percent are due to pay a tax of less than 500 euros which, added up, corresponds to one-third... these constraints? How and who could create such a market in Greece? One remedy that is not being considered

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  9. Out with the old, in with the old
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    represented a break with the past. Tsipras would be one of the few prime ministers of the last decades.... In fact, one of the firms (headed by the son of a construction firm owner seen as having close ties

    4%

  10. Greece’s embattled commercial steel market industry braced for more challenges
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    sheets of Greek steel companies which have gone from one crisis to another in the last decade... that the decline in domestic demand aggregated at around 65-75 percent.[6] One obvious factor behind

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