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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoradown for the second straight quarter to 199 million in Q1 from 615 million in Q4 and 1.48 billion in Q3
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Hirings outpace job departures by 76,591 in May for fourth positive monthly balance in a row
EconomyMacroeconomyThe employment balance displayed net hirings of 76,591 in May 2016, down by 9,555 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data showed on Wednesday. In addition, this year’s figure means that there has been a positive balance for the fourth
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomy(25-29 years old), where the unemployment rate landed to 35.9 percent, down almost 4 pp from last
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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammein 2017, declining thereafter down to 7.4 percent in 2030 and then pick up to 12.9 percent in 2030
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Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
Economyis down 9.3 percent since the beginning of June, Bank shares followed a volatile performance plummeting
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Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln
EconomyMacroeconomyin May and overall of 1.08 billion in the 5-month period. Consumer credit balances edged down to 25.31
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Newsletter 80 - 01/07/2016
creating enemies within the party. Retail turnover index down The turnover of the retail trade index fell
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Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomywith a similar decrease in the overnight rate led the weighted average rate on total new deposits down by 2
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General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend
EconomyMacroeconomybillion Overall, ELA and bank support guarantees edged down to stood at 56.42 and 14.24 billion
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Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012
EconomyMacroeconomyfrom last year to 19.3 percent, while the respective rate for women edged down at a much slower pace
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