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  1. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    deposit cost, attributed to decreased time deposit rates, leading net interest income (NII) down 4

    3%
  2. Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept

    EconomyMacroeconomy

    with higher expenditure. The central government net balance remained negative with the 9-month figure

    3%
  3. Tax arrears jump to 1.47 bln in Sept as total for year reaches 8.39 bln

    Economy

    revenues from audits on self-employed and high net worth individuals remained at low single-digit

    3%
  4. NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
    Photo by MacroPolis

    EconomyBanking

    , net interest income (NII) fell 3.7 percent quarter on quarter (QoQ) to 750 million, largely

    3%
  5. Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes

    EconomyMacroeconomy

    stable quarter on quarter. Net borrowing remained almost stable year on year at 3.13 billion in Q2

    3%
  6. Piraeus Bank reveals mitigating actions aimed at reducing size of capital increase
    Photo by MacroPolis

    EconomyBanking

    reserve in the third quarter (Q3). 5) Additional 55 million of Q3 net profits compared

    3%
  7. This is what the ECB’s comprehensive assessment tells us about Greek banks

    Agora

    the two scenarios was primarily driven by provisions and net interest income (NII). In specific

    3%
  8. Greek banks' equity raising could keep official support to a minimum

    Economy

    , revaluation of its available-for-sale (AFS) portfolio of 95 million in Q3, additional Q3 net profits

    3%
  9. OECD sees recession in 2015-16, stresses need for reform implementation

    EconomyMacroeconomy

    procedures, reforms to reduce tax evasion, gradual building of a modern social safety net

    3%
  10. Government in race against time to resolve bailout issues

    EconomyProgramme

    tax results in the targeted tax revenues the net impact on the total tax revenues from OPAP could

    3%