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  1. PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months

    EconomyMacroeconomy

    maintain a positive growth outlook for the next 12 months. New orders declined at a sharper pace... remained confident that output would expand over the coming 12 months. Key to this would

    6%

  2. Greece watches closely as Turkey prepares for referendum
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    Greece (casus belli) if it extends its territorial waters in the Aegean from 6 to 12 nautical miles..." as most islets claimed by Ankara are located within 6 and 12 nautical miles. The demilitarisation

    6%

  3. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter. Pre-provision income (PPI) rebounded by 12 percent quarter-on-quarter to 258 million, attributable to a 13 percent drop in operating expenses and offsetting a decline

    6%

  4. Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Bank (NBG) posted net profits of 5 million in Q1, while core pre-provision income (PPI) rebounded 12... with PPI improving by 12 percent QoQ to 258 million. The Extraordinary General Meeting of Public

    6%

  5. Athens encouraged by terms for new round of Cyprus talks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    12 statement of the last Conference.” The meeting highlighted the pivotal role the security issue... to conclude before the first week of July, as France’s Total has scheduled to begin on July 12 its

    6%

  6. Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    when data was first made available. Over the last 12 months, the jobless rate has been reduced by 1.9... in the 65-74 years old group recorded the smallest decline of just 0.5 pp to 12 percent. The breakdown

    6%

  7. Economic sentiment and consumer confidence climb in July after review conclusion
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 11.1 points. Over the last 12 months, double-digit gains have been posted by the services (+21.4 points... was the only confidence indicator showing losses of 10.6 points in the last 12 months.

    6%

  8. Tsipras eyes review conclusion, insists SYRIZA patience will pay off
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    will improve in the next 12 months. It rose to 12 percent, which is still very low but the highest

    6%

  9. Array of centre-left leadership candidates edge towards watershed vote
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Campaigning is in full swing for the leadership of the centre-left in Greece, which is due to be contested in a first round of voting on November 12. The leadership contest is the latest development..., this would fall far short of the 50 percent +1 of the vote needed to win outright on November 12

    6%

  10. Athens eyes ample cash buffer, prepares for bond swap
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    buffer of between 12 and 15 billion euros. Nine billion of this would come from disbursements... for 12 to 24 months. After 2 years, the reserve would be converted to a permanent “Stability Fund,” which

    6%