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

    EconomyBanking

    for the fourth successive quarter, at 106 million in Q2 less than half the Q1 figure of 260 million... and by another 1.7 billion to 13.2 billion in August. In particular, ELA funding more than halved from 11

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  2. TV permit auction boosts Greek coffers but questions linger

    PoliticsGreek Politics

    Greek authorities announced early on Friday, after an auction lasting more than three days, the four winners of national broadcasting permits on the country’s digital network. The four winners... that the starting price was 3 million euros, the total raised was far higher than most observers expected

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  3. Talk of refugee returns adds to stretched Greece's anxiety
    Photo by MacroPolis

    PoliticsForeign Policy

    problem is on the islands, where there are more than 12,500 migrants even though the official capacity... than 50. The increase in arrivals coupled with the slow rate at which refugees are leaving

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  4. Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows

    Economy

    , just 83 million higher than the 2013 figure. However, the VTTL fell by 7.1 percent or by 1.34 billion..., markedly higher than the EU average of 14.9 percent.

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  5. Effort to unite PASOK and Potami seems to have hit a wall

    PoliticsGreek Politics

    faces is highlighted by the fact that he is only slightly more popular than Tsipras (19.5 percent... to set out at the Thessaloniki International Fair will be more convincing than the one Tsipras is due

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  6. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    rose by less than 100 and 300 million euros respectively in Q2. Overall, the NPE ratio remained stable... of pillar II bonds. The cash value of the latter more than halved to 4.9 billion euros recently from 10

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

    PoliticsGreek Politics

    of pledges made was considerably lower than in years gone by. Tsipras, for instance, was not tempted... slightly less painful reading than other recent surveys for Tsipras. It still showed SYRIZA trailing

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  8. Greek SMEs continue to have bleak view of their future

    Society

    The vast majority of small and medium-sized businesses are in a more difficult financial position than ever before and there is a risk that the overall job losses in the sector could hit 55,000... percent) than bigger businesses (with five employees or more). The survey found almost 70 percent

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  9. Government tries to limit damage from corruption claims but more tests lie ahead

    PoliticsGreek Politics

    and Q4 would have to produce better results than expected. Q2 GDP was up by 0.2 percent... recovery could be higher than the 2.7 percent of GDP that has been forecasted. He stressed the important

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  10. New overdue taxes climb 1.4 bln in Aug, total stock edges up to 91.6 bln

    EconomyMacroeconomy

    . Overall, collected revenues from VAT and corporate income tax were around 245 million lower than those due... per month there are more than 1.1 billion of unpaid taxes. The evolution of four key taxes shows

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