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  1. Net private sector hirings of 29,351 in March, highest in last 15 years
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance showed net hirings of 29,351 in March 2016, up by 7,038 from last year... year there has been a rise in March. The absolute figure of net hirings this March is the highest... of 2016 displayed net hirings of 33,834, an increase of 5,670 from the corresponding period last year

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  2. Building activity down 18.8 pct in January, permits hit new low

    EconomyMacroeconomy

    fell to a record low of 692 in the first month of the year. The geographical breakdown showed... Macedonia (-53.8 percent) and East Macedonia and Thrace (-34 percent). Last year, building permits slipped...) figures indicate apartment prices contracted for the 27th straight quarter by 5.4 percent year

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  3. Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance

    EconomyMacroeconomy

    billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday. However.... In the previous two months of this year, the budget execution had displayed a primary surplus of 1.19... a surplus of 222 million in the 3-month period, from deficit of 503 million last year, 1.56 billion

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  4. Demand for hospitals' reserves raises concerns about govt's liquidity position

    Economy

    transfer of hospitals cash reserves brought back memories of similar transactions last year, particularly... of the year. The detailed figures revealed salaries and pensions as well as grants to social security... debt obligations (including interest payments) of 3.86 billion euros in Q1 this year, while

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  5. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    north for the second successive year to its highest level since 2010, while the rebound in social... straight year by 811 million to 16.54 billion, its lowest level in the last ten years... payments retained a downward trend for the fourth straight year. They fell by 478 million to 6.7 billion

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  6. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
    Photo by MacroPolis

    EconomyBanking

    to 49.2 percent in Q1 from 61.5 percent in Q4 and 58.7 percent a year ago. The remarkable rise... for the whole year while the NPL stock at the end of the year is expected to be lower to the previous year’s

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  7. Apartment prices fall at slightly slower pace of 5 percent in Q1

    EconomyMacroeconomy

    year on year (YoY) in Q1 at a higher pace compared to that of older houses that dropped by 0.1... reduction in housing transactions. Last year, apartment prices fell for the seventh straight year by 5.1

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  8. Tsipras, against all odds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    About a year ago – on May 16, 2015, to be exact - Leicester City secured their survival... whatever they received this year as part of the plan to scrap it. Instead, Tsipras, announced... of the electorate. There was a time last year when Tsipras could do no wrong for many Greeks

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  9. Coalition ministers, MPs wrestle with implications of Eurogroup agreement
    Photo by MacroPolis

    PoliticsGreek Politics

    to adopt further labour liberalisation measures later this year. It is expected that the lenders... not have to hand back the benefits they have been paid this year. Gerovasili argued that this was a “detail... this year’s primary surplus target so there is no need to activate the contingency mechanism next

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  10. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    ) of 2016 from a loss of 2.05 billion in Q4 and 159 million a year ago. Core pre-provision income (PPI... for funding. Operating expenses fell 7 percent QoQ and 2.2 percent year on year (YoY) to 309 million... million in the previous quarter and 352 million in the corresponding period last year. As a result

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