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  1. Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    in consumer credit for the second straight month at 5.8 million in July from almost zero in June

    1%

  2. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
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    EconomyMacroeconomy

    The Greek seasonally adjusted (SA) GDP at constant prices increased by 0.2 percent quarter on quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop of 0.2 percent in Q1, the Hellenic Statistical Authority (ELSTAT) provisional estimates displayed on Monday. The headline figure

    1%

  3. Stable rate in time deposits, corporate loan rates pick up in July

    EconomyMacroeconomy

    2015. During the conference calls of the second quarter results, most banks indicated further drop

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  4. New round of cuts in supplementary pensions

    Economy

    stood at 8-10 percent, meaning a decline by less than 20 euros per pension, ETEA noted. The second

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  5. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
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    EconomyBanking

    for the second straight quarter, while the respective figure for retail loans was kept negative

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  6. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
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    EconomyBanking

    National Bank of Greece (NBG) recorded net losses of 3.06 billion in the second quarter (Q2) of 2016, fully attributed to a one-off loss of 3.1 billion involving the recycling of losses related to Finansbank that were previously recognised in other comprehensive income as well as in equity

    1%

  7. After joy of TV permit auction, Tsipras faces programme restrictions
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    PoliticsGreek Politics

    , which means that the second programme review, scheduled to start in October, could be delayed

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  8. H1 exports show notable fall in many sectors but agricultural products buck trend
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    Economy

    , with total exports reaching 1.47 billion euros in H1. Germany is ranked second with exports of 973

    1%

  9. Gap of 555 mln emerges in three key taxes in July ahead of a crucial September for revenues

    EconomyMacroeconomy

    and corporate income tax as well as from VAT. The next crucial month is September, when the second bi

    1%

  10. Talk of refugee returns adds to stretched Greece's anxiety
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    PoliticsForeign Policy

    the far-right AfD gained second place, will prompt Berlin to adopt a much tougher line on the refugee

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