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Lower bad loan provisions and increased write-offs for Greek banks in Q2
Economyfigures show loan loss reserves eased by 240 million euros in Q2 to 46.54 billion at the end of June
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Deposit flow turns negative, outflows of 153 mln in July
EconomyMacroeconomymark for the second straight month at 1.3 billion in July from 1.78 billion in June
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomyfor the second straight month significantly increasing from the June’s figure of 185 million to 1.08
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Determined talk from Tsipras as negotiations with lenders move closer
PoliticsGreek Politicsthe completion of the first review in June. This autumn is also expected to bring clarity on the future
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Greek stocks climb 3 pct on week, banks post double-digit gains
Economyof the Athens Stock Exchange ended up at 582.13 on Friday, its highest reading since June 23. Over the past
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Eurobank remains profitable with net profits of 46.2 mln in Q2
EconomyBankingAssistance (ELA) funding notably decreased from 18.3 billion in March to 15.8 billion in June and further
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBanking) and shipping loans. Overall, cumulative provisions reached 12.7 billion at the end of June
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Trade deficit expands by record 88.9 pct in July
EconomyMacroeconomyGreece’s trade deficit soared 88.9 percent in July following a 3.1 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure for July is by far the highest reading since 2005, from when figures are available. The surging trade deficit stems from
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Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek PoliticsNew Democracy but a margin of 3.9 points, compared to 3.5 in June. According to the Kapa Research
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Eurosystem funding falls by another 4.4 bln in August
EconomyMacroeconomy, Eurosystem funding has been reduced by 48.12 billion euros since the end of June 2015, mostly due
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