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  1. Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
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    EconomyMacroeconomy

    Greece's travel receipts grew by 3.5 percent in July from 1.2 percent in June, Bank of Greece (BoG) figures showed on Tuesday. In absolute terms, travel receipts reached 2.87 billion euros in July... percent increase posted in June. The slowdown as well as the drop in travel payments in July largely

    2%

  2. Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
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    EconomyMacroeconomy

    recorded in January (12.79 billion), February (7.63 billion) and June (7.58 billion). Total deposits... corresponding to 45.5 percent of withdrawals over that period. The most significant movement was in June

    2%

  3. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
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    Economy

    to 31 billion mainly driven by deposit outflows in Greece particularly in June. To counterbalance deposit withdrawals, Eurosystem funding rose to 32.7 billion at the end of June from 29.1 billion

    2%

  4. Piraeus Q3 trading update shows significant acceleration in NPL formation
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    EconomyBanking

    basis points (bps) to 110 bps in September from 174 bps in June. This is in line in Bank of Greece (BoG... was re-initiated in Q3 with 0.4 billion EFSF bonds pledged as collaterals. At the end of June

    2%

  5. Car sales down by 13.8 pct in Oct for the second fall this year
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    EconomyMacroeconomy

    in August. The highest readings year to date were recorded in May and June at 13,000 and 12,751... the peak in car sales in May and June when a large number of passenger car purchases was paid

    2%

  6. Eurosystem funding down by 2 bln in Oct for fourth straight fall

    EconomyMacroeconomy

    is its lowest level since May. The peak this year came in June at 126.57 billion. Unlike... billion euros to 82.79 billion in October, which is the first rise since June. During October, Greek banks

    2%

  7. Deposit flow turns negative with outflows of 681 mln in Oct

    EconomyMacroeconomy

    (7.63 billion) and June (7.58 billion). Total deposits - which also incorporate general government... in June when they climbed by 5.27 billion accounting for almost 70 percent of that month’s outflows

    2%

  8. BoG report highlights need for programme implementation, political consensus
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    Economy

    ) ratio, which edged up to 42.1 percent in June from 39.9 percent at the end of 2014. The breakdown... by 1.2 pp to 41.1 percent. At the same time, the NPE coverage ratio improved to 49.4 percent in June

    2%

  9. Privatisation of power transmission firm ADMIE a key challenge among prior actions

    EconomyProgramme

    the evaluation of submissions, the PPC BoD announced on June 25, 2014 that four investment firms... billion euros, which could be an indicator for ADMIE potential market value. On June 7 this year, two

    2%

  10. Car sales resume double-digit growth rate in Oct with 15.2 pct rise
    Photo by MacroPolis

    EconomyMacroeconomy

    since last June. The highest figure in the course of 2015 was recorded in May at 13,000 and the lowest... to market sources. In the first half of this year, particularly in May and June, car sales were also

    2%