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  1. Greeks tending to shop less often and opt for local products

    Society

    , down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... consumers are making their shopping choices. According to the findings based on data from surveys

    19%
  2. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    quarter-on-quarter (QoQ) to 165 million. Compared to H1 last year, PPI rose by 26 percent to 310 million... with a cost of risk at 140 bps. Eurosystem funding remained at 2.3 billion in Q2, unchanged QoQ... consists of TLTRO funding from the ECB, with the Bank enjoying a large liquidity buffer. Interbank

    18%
  3. Why Greece is asking for 1.2 bln back from the EFSF

    Agora

    I bonds), which for legal purposes was received by the HFSF as a fee. b) 310 million (90 percent of the remaining cash of 345 million) to cover short-term funding needs primarily through purchases... and 15 billion to cover the funding gap and recapitalisation of non-core banks. Thus, subtracting

    17%
  4. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    to beat targets by 310 million, yet at a slower pace compared to the previous months. The year... in the 4-month period to 6.09 billion. That said, several social security items such as social funding

    15%
  5. Athens prepares new primary residences proposal after finding common ground with banks
    Photo by MacroPolis

    EconomyProgramme

    The Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure. The two sides ...

    14%
  6. Athens gets first taste of Erdogan's new era in power
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    . In 2002, he founded with his then closest allies, Abdullah Gul and Bulent Arinc (who are now

    13%
  7. Lack of vaccines led to panic in B&H, yet now they are going to waste
    Photo via https://flic.kr/p/bmfYzd

    Agora

    in Vukovar, where he worked for the local media as a correspondent for Glas Slavonia and Jutarnji list

    12%
  8. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    primary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4

    11%
  9. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9

    11%
  10. Tsipras invites Middle East investment at second EU-Arab summit
    Photo via http://euroarabsummit.com/

    PoliticsForeign Policy

    Anastasiades, the UAE’s Minister of Economy, Sultan bin Saeed Al Mansouri and the President

    10%