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  1. Greek SMEs struggle most for finance versus eurozone peers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    managers was not a major concern for Greek SMEs. Though the rate edged up close to 6 percent... in their debt-to-assets ratio, SMEs in Greece signaled an increase of 8 percent (from 2 percent before), which

    7%

  2. Survey shows 42 pct of Greek expats unlikely to return
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    the Technological Educational Institute of Athens and 6 percent had no degree-level qualification... 8 percent had left within the last six months. Over half of those who left had experience of working

    7%

  3. Stocks rise for first time in three weeks, gaining 1.1 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    , Metka trades ex-dividend on June 6, while Motor Oil and Hellenic Exchanges hold their AGMs on June 7 and 9 respectively. Furthermore, Folli-Follie releases its Q1 results on June 8.

    7%

  4. Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity

    EconomyMacroeconomy

    as the ECB announced on June 8 that the ELA ceiling for Greek banks would be reduced further by 1.1... by the ECB on July 6, reflecting “developments in the liquidity situation of Greek banks, taking

    7%

  5. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    and administrative costs by 4 and 6 percent respectively. The number of branches and employees has been reduced by 7 and 8 percent year on year. Impairment losses stayed stable QoQ at 259 million, due

    7%

  6. Centre-left leadership candidates step forward as unity doubts linger
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    by September 8 and each hopeful has to collect at least 1,000 signatures to be eligible. Voters will have... of June by the University of Macedonia for Skai TV showed support for PASOK on 6 percent, leaving

    7%

  7. General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million), hospital arrears (+8 million) and SSFs (+6 million). Arrears in extrabudgetary funds fell

    7%

  8. Travel balance up by 18.5 pct in August as foreign arrivals increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from non-euro countries within the EU 28 rose by 6.5 percent to 6 million. Arrivals from non-EU... the aggregate figure up by 8 percent to 13.4 million. According to SETE’s projections, foreign arrivals

    7%

  9. Greek health care spending in the spotlight
    By Natasha Pandazopoulou/Fosphotos

    EconomyFeatures

    of line with the rest of the European Union, where the average health care spend went from 8 percent... to be reduced to 9 percent of GDP by 2010, and for the public contribution to be limited to 6 percent of GDP

    7%

  10. Report on PPC’s viability ruffles feathers and shakes share price
    Image via www.dei.gr

    EconomyFeatures

    similar companies in Europe, noting that for PPC, net debt is 8 to 9 times higher than earnings... be considered viable at a debt to earnings ratio of between 4 to 6, meaning that profits must increase

    7%