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  1. Greek stocks drop 2.6 pct over week, banks drop 7.4 pct after big gains last week
    Photo via www.helex.com

    Economy

    -executive members and Audit Committee chair. Terna Energy net profits dropped by 53 percent to 5.3 million

    1%

  2. Building activity slumps by 21.7 pct in June for sixth successive month
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    to 41.7 percent since Q3 2008. In addition, net deductions of 13.4 billion in the housing lending

    1%

  3. State clears 440 mln in arrears to private sector in July

    EconomyMacroeconomy

    institutions on the clearance of net arrears.

    1%

  4. Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln

    EconomyMacroeconomy

    of 3.76 billion in the 8-month period, with net revenues and expenditure up by 4.1 and 1.7 percent

    1%

  5. After Article IV consultations IMF says challenges remain, substantial debt relief is needed
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    taxpayers and high net-wealth individuals coupled with increased use of enforcement tools against those

    1%

  6. HFSF records losses of 578 mln in Q1 on negative revaluation of bank holdings
    Photo by MacroPolis

    EconomyBanking

    The interim financial statements of the Hellenic Financial Stability Fund (HFSF) published on Friday afternoon showed net losses of 577.83 million euros in the first quarter (Q1) of 2016 from 4.97 billion a year ago. This year’s bottom line was dragged by valuation losses of 579.26 million euros

    1%

  7. Deposits grow by 1.3 bln in August, highest inflow in 2016

    EconomyMacroeconomy

    a switch to time deposits, it is clear that the net deposit flow from households is negative since

    1%

  8. General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln

    EconomyMacroeconomy

    that started in mid July and have resulted so far in a net drop in the arrears’ stock by 976 million over

    1%

  9. Eurogroup clears 1.1 bln, waits for arrears clearance data to release remaining 1.7 bln

    EconomyProgramme

    on net arrears clearance in the July-September period. According to the Greek Finance Ministry for July

    1%

  10. Building activity soars 35.4 pct in July mostly reflecting a low base effect

    EconomyMacroeconomy

    . Meanwhile, the housing lending sector remains in contraction since the beginning of 2011 with net deductions

    1%