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  1. Greece continues to edge up in "ease of doing business" rankings despite persistent problems

    Economy

    that Greece reformed in 3 areas of business regulation: a) Registering property, where transferring property was made easier by reducing the property transfer rate (to 3 percent of the property value

    9%
  2. European Commission says 2014 is a turning point for Greece as growth resumes

    Economy

    ) in 2015. For 2016, unemployment is seen further easing by 3 percentage points (pp) to 22 percent... projections assume Greece will meet its primary surplus targets of 3 and 4.5 percent of GDP in 2015

    9%
  3. National Bank posts 9-month profits of 1.18 bln
    Photo by MacroPolis

    EconomyBanking

    . In the Greek market, deposits also grew by 2 percent QoQ reflecting an increase in customer deposits by 3... restructuring plan among Greek banks amounting to 3 billion euros, of which two thirds relates to (future

    9%
  4. Eurobank reports loss of 186.6 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    . Cumulative provisions correspond to 17.7 percent of gross loans, up by 3 percentage points... stood at 11.5 percent. Both ratios incorporate a benefit of 3 billion from the upcoming conversion

    9%
  5. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    budget in particular, shows a material improvement by more than 3 billion YoY and 500 million month...: a) two bond issues, a 5-year note of 3 billion in April and a 3-year note of 1.5 billion in July and b

    9%
  6. OECD sees more growth, falling unemployment in Greece

    EconomyMacroeconomy

    high debt which remains a major challenge, 3) slow progress in bank balance sheet restructuring... as the gains of the large competitiveness gains may be underestimated and 3) faster progress

    9%
  7. Piraeus Bank posts net loss of 1.56 bln in Q3
    Photo by MacroPolis

    EconomyBanking

    (ATEbank, 3 Cypriot banks’ operations in Greece and Millennium Bank) over the past two years... by 3 percentage points QoQ. Piraeus also disclosed an approximation of its non-performing exposure (NPE

    9%
  8. Regional airports deal represents biggest privatisation yet for Greek government
    Photo by MacroPolis

    Economy

    , the company is expected to post cumulative losses of 100 million in the first 3 years. Fraport..., HRADF has completed 18 privatization projects in the last 3 years with total proceeds of 5.36 billion

    9%
  9. Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011

    EconomyMacroeconomy

    institutions eased 3 percent from 2.9 percent in the preceding 3 months. Balances dropped by 475 million

    9%
  10. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    of 3 billion euros in April and a 3-year note of 1.5 billion in July b) Redemptions of 16.5 billion c) Exchange of 1.67 billion T-Bills via 3- and 5-year bond re-opening in September. The amount

    9%