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  1. Greek stock market loses 1.8 pct in week of mixed messages, Q1 results

    Economy

    net profit of 11.9 million (+12.7 percent) led by a double-digit rise in sales by 11.5 percent... in line with market estimates. OPAP's Q1 results showed net profit reached 58 million up 16.9 percent.... On Wednesday, Mytilineos posted a strong growth in Q1 net profit by almost 50 percent to 22.8 million

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  2. Current account surplus at 407 mln in May - first positive balance since Sept 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    to lower net oil import bill largely on account of a temporary shutdown of Aspropyrgos refinery... 11.8 percent YoY. According to BoG, lower net payments for purchases of ships and lower net oil...) was slightly offset by declining net transport receipts. In the 5-month period, travel receipts

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  3. Rate of credit contraction edges up to 1.6 pct in Oct

    EconomyMacroeconomy

    in September, Bank of Greece (BoG) figures showed on Thursday. The net lending flow remained negative for the fourth straight month, with net deductions rising to 412 million euros in October from 293... to 96.52 billion euros. Net deductions increased to 224 million from 51 million in September. Since

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  4. Credit contraction slows again in Nov, falling to 1.3 pct on additions of 62 mln
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    since June with net additions of 61.7 million euros in November from deductions of 307.8 million in October. The positive flow is entirely attributed to corporate sector net additions of 282.9 million mitigated by net deductions of 208 million in the household lending sector. Following the modest net

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  5. Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln

    EconomyMacroeconomy

    , the outstanding balance fell further to 190.79 billion euros. Moreover, the net lending flow stayed negative for the second straight month, albeit with lower net deductions of 205.8 million from 395.1 million in the previous month. The negative flow in June reflects net deductions of 132.4 and 97.7 million

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  6. An issue of statistical significance in Greece

    Agora

    in the country’s modern history. Even as early as May 2009, the budget’s unrealistic projections were

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  7. Coalition unwound

    Agora

    one of its most turbulent patches in modern history. Having secured a form of stability over

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  8. Fight against tax evasion yields results, reveals challenges

    Society

    a modern, efficient tax administration. It is not yet clear, though, if the country’s political

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  9. Come back Cleisthenes, all is forgiven
    Photo by MacroPolis

    Agora

    Cleisthenes has a lot to answer for. Yes, he laid the groundwork for Athenian democracy in 507 BC but he also did it after being recalled from exile. As much as he helped transform ancient Greece, he a left dangerous legacy for its modern version. Since Cleisthenes, too many Greek politicians

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  10. On the beaches

    Agora

    also highlighted Greece's inability to place itself in the modern world. "Greece: The richest place

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