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  1. Bid for better use of digital tools likely to have decisive impact on ND's goals

    PoliticsGreek Politics

    a register to provide citizens with more information and an effort to cut down on the number..., marriages and deaths with the aim of cutting down on bureaucracy and queues. He said

    2%

  2. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    banks have continued with their efforts to bring down bad loans on their books. At the start of June... to bring the ratio down to 20 percent by 2021. This has been noted as an ambitious target by some

    2%

  3. Credit contraction at 0.1 pct in Jul, balance at 160.33 bln

    EconomyMacroeconomy

    Credit contraction in the Greek market edged down to 0.1 percent in July from 0.2 percent in June, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance came... has been experiencing a contraction for the last six years, with the loan balance down by around 37.8

    2%

  4. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 122 million euros from continued operations in the second quarter (Q2) of 2019, down from profits of 131 million euros reported in Q1. Quarter... percent in Q2 from 71 percent in Q1. The total Greek deposit yield stood at 37 bps in Q2, down from

    2%

  5. August employment balance positive by 3,111
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    for those aged 15-24 years (-7,861) and those aged 25-29 (-563). Broken down by employment activity in each... as the school year starts and the tourism season winds down, as demonstrated by the rise in unemployment

    2%

  6. Newsletter 220 -20/09/2019

    Newsletters

    will be looking for progress on a number of prior actions, which include bringing down the stock of NPLs... at 45.4 percent of total loans, down from 47.2 percent. After coming to power in July, New

    2%

  7. PMI at 53.6 points in September, employment slows

    EconomyMacroeconomy

    Greece’s manufacturing PMI edged down to 53.6 points in September from 54.9 points in August, according to the latest data from Markit PMI. The latest reading was the slowest improvement in the Greek... a general slowing down. This was driven by increased client demand and higher order volumes. New business

    2%

  8. Overall loan interest rate edges up to 4.68 pct in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    weighted average interest rate on all existing loans stood at 4.09 percent, down by 2 bps while the spread between existing loan and deposit rates edged down to 3.83 percentage points. The average

    2%

  9. September employment balance stays positive by 2,651
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    (-28,549) and those aged over 64 (-351). Broken down by employment activity in each sector... as the school year starts and the tourism season winds down, as demonstrated by the rise in unemployment

    2%

  10. ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
    Photo by MacroPolis

    PoliticsGreek Politics

    to be seen if Greece’s lenders see this as a credible fiscal alternative given that they have shot down... to create extra fiscal space and essentially bring the primary surplus down to 2.5, rather than 3.5

    2%