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  1. Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Development (+1.9 percent). Overall, only 6 stocks of the 25 FTSE/Large Cap constituents recorded gains... percent) and Viohalco (-6 percent). The turnover surpassed the 50-million euro mark on Wednesday.... The Annual General Meeting of Jumbo approved on November 2 the distribution of a dividend per share of 0.36

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  2. Greeks trust social media more than news media, Reuters study shows
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    in Finland. They also ranked lowest in the world when responding about what influences news, with only 6... consumers (down by -1 percent), and computers by 70 percent (down by -2 percent). Breaking down the surveys... and 26 percent from print. Just 6 percent of Greeks said they would be willing to pay for online news

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  3. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    not outpace imports by as much as initially thought. Exports rose by 6.9 percent but imports also grew by 6... from 6.17 billion in 2017. Interest payments will drop from 6 billion this year to 5.2 billion next..., Athens International Airport, DEPA and DESFA, which total close to 2 billion euros. It is worth noting

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  4. NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
    Photo by MacroPolis

    EconomyBanking

    ) and small business loans (-6 million). This led the group NPL ratio to stand at 34.1 percent from... other negative developments. Balance Sheet Eurosystem funding stood at 6 billion in Q3 from 8.4 billion... is 2.90 percent. The bond issue attracted over 2 billion euros in bids compared to an initial target

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  5. Newsletter 141

    Newsletters

    of Macedonia poll before the summer was published, the gap between the two parties has narrowed by 6... payments will drop from 6 billion this year to 5.2 billion next year, while public investment... fluctuated in recent months. 2 Current account surplus at 1.21 bln in Sept Headline figure driven

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  6. Mistrust in news reporting persists amid chaotic media landscape
    Photo by MacroPolis

    Society

    ). Greeks had the highest usage of ad blockers among countries surveyed at 42 percent, up by 6 pps since...). The report noted though that Greece and South Korea’s trust ratings have both increased by 2 pps... paying for online news access was the lowest at 6 percent, creating a challenging environment for ad

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  7. Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
    Photo by MacroPolis

    EconomyBanking

    million). Smaller increases were noted in mortgages (+15 million) and consumer loans (+6 million... to TLTRO-II, and 6 million from reduced ELA costs. On the asset side, lower average loan balances... into costlier management actions, according to the bank. Balance Sheet Eurosystem funding fell by 2 billion

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  8. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    . Compared to the same quarter last year, PPI rose by 6 percent. Asset quality Domestic non-performing... from 378 bps in Q4. Net fee income fell by 11 percent QoQ to 59 million and showing a decline of 2... million in Q4 and 12 million euros in Q1 2018. Operating expenses fell by 6 percent QoQ to stand

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  9. From a tsunami of debt to some sense of normality
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    repayments of roughly 2 billion over the next three years. Greek government bonds after the PSI... 11.7 billion euros, which is just 3 percent of total outstanding debt and only 6 percent of GDP... in September of that year that the deficit would reach 6 percent of GDP. In fact, it was at 8

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  10. Athens hopes lower bond yields strengthen case for reducing fiscal targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    below 2 percent and the yield of just 0.15 percent for the rollover of 6 months T-bills, he argued... between 4 percent and 6 percent as the debt ratio drops and the risk premium is reduced to just 75 bps

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