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  1. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    billion QoQ and came to 29.4 billion in Q2. The latest quarter marks eleven straight quarters in which NPE

    2%

  2. Banks on track with NPE targets in Q2 as sales play bigger role
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (SBP) segment at 68.8 percent and SMEs and 62.3 percent. The latest operational targets submitted

    2%

  3. New overdue taxes rise by 377 mln in July, total stock above 102 bln for second month

    EconomyMacroeconomy

    went unpaid according to the latest data from the IAPR. The total number of tax debtors increased

    2%

  4. Turnover in services sector improves in Q2 2018

    EconomyMacroeconomy

    (+72.7 percent) and other professional, scientific and technical activities (+61 percent). The latest

    2%

  5. No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
    Photo via Fosphotos

    EconomyProgramme

    The latest indications received by the Greek government from its lenders suggest that a final decision on whether next year’s pension cuts will have to be implemented will not be taken before the Eurogroup meeting on December 3. Until now, it had been thought that a decision might be made

    2%

  6. Mortgage loans a key piece of NPL reduction puzzle

    EconomyBanking

    The persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions. In its latest report, the Bank of Greece (BoG) outlined that in the second quarter (Q2) of the year, Greece’s four systemic banks had met their NPL reduction

    2%

  7. Industrial turnover rises by 17.5 pct in July for seventh positive month

    EconomyMacroeconomy

    Greece’s industrial turnover rose by 17.5 percent in July after June’s figure was revised upward to 17.7 percent, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed. The latest figure means that the index has remained positive for seven straight months after the negative

    2%

  8. Countdown to Macedonia name deal vote has PM weighing up support
    Photo byPanayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    . According to the latest polls only 51.1 percent of voters are set to approve the deal, with 48.9 opposing

    2%

  9. ANEL leader under scrutiny due to party unrest, questions over refugee funds
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Democracy has added a distinct political flavour to the latest round of allegations. It was also

    2%

  10. Credit contraction stays at 1.5 pct in August, balance reaches 177.44 bln

    EconomyMacroeconomy

    to 122.3 million, recovering from a negative reading of 829.9 million in July. The latest month’s reading

    2%