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  1. Greek banks' Eurosystem funding sees reduced drop of 334 mln in July

    EconomyMacroeconomy

    year to date. Overall, ECB funding has dropped by 28.4 billion in the seven months of 2014, while... this year was the elimination of ELA funding in May. It has remained below 4 million euros since

    2%

  2. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    activity is showing signs of fragile recovery and Greece has started growing, albeit anemically... and soaring unemployment has fuelled Greece’s economic demise. The Medium Term Fiscal Strategy sees household

    2%

  3. Independent Greeks to go it alone rather than join grand right-wing alliance

    PoliticsGreek Politics

    A few days after the prospect of an alliance between New Democracy and ultranationalist LAOS was floated, the possibility of even broader cooperation among right wing parties in Greece has been... percent in the European Parliament elections in May, Kammenos has seen his number of MPs dwindle

    2%

  4. Greek central government debt rises to 322.4 bln in Q2

    Economy

    , the IMF net financing has been reduced accordingly to 26.9 billion and FSM outstanding financial..., which is the highest historical reading. Almost 79 percent of outstanding debt has a residual maturity

    2%

  5. Coalition warms to option of Kouvelis as president but success not guaranteed
    Photo by MacroPolis

    PoliticsGreek Politics

    . As things stand, New Democracy has 125 MPs and PASOK 27 – a total of 152. DIMAR has 11 lawmakers

    2%

  6. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    and stress test, the bank indicated it has a capital buffer (above the minimum required capital thresholds... percent. In addition, Alpha has committed to Greek non-core asset disposal of around 500 million euros

    2%

  7. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    has committed to disbursements of 3 billion corporate loans in the domestic market in 2013..., the management stressed it has committed in its restructuring plan approved by the European Commission

    2%

  8. WEF report highlights weakness of Greek institutions and challenges of recovery

    Economy

    places since 2008. Looking at the different pillars of competitiveness, Greece has gained 12 places... efficiency (129th), while financial market ranking (130th) has not yet recovered. The latter is mainly

    2%

  9. PASOK marks 40th anniversary by baring its split personality

    PoliticsGreek Politics

    but there appears to be little mood within the party to celebrate the occasion. It has been clear.... However, it was the reception that the two rivals received on Monday that has renewed the discussion

    2%

  10. Samaras tax cut pledges aimed at MPs rather than voters
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    business taxes has worn thin given that he has been stating his intention to do so since 2011, when

    2%