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  1. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    . The bank said that it has so far created a buffer of around 700 million euros versus the Single... the end-2019 NPE target of 13.1 billion, NBG has to reduce its NPE stock by another 5.4 billion with efforts

    2%

  2. Apartment prices decrease at a sharper pace by 1.8 pct in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2008, the index has recorded a fall of 42.2 percent. Apartment prices remain persistently... controls pushing housing transactions to extremely low levels. The housing loan balance has contracted

    2%

  3. Survey shows 42 pct of Greek expats unlikely to return
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    New research by ICAP People Solutions has shed light on why young Greeks have left the country in droves since the crisis began. The research, which has been conducted each year for three years so far, was presented in the context of the 3rd Human Capital Summit in April 2017. The results showed

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  4. Tsipras readjusts expectations for crucial Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    strategy. Although Tsipras has shown before that he is capable of performing abrupt changes of direction, there has been no indication from public or private comments emerging from the government

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  5. Tsipras tackles two fronts as debt talks continue
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    also reports from Germany suggesting that the Finance Ministry in Berlin believes that Athens has.... This suggests that Tsipras’s party has reached a level of support below which it is unlikely to fall unless

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  6. Bank branches fall in 2016, degree of concentration highest in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyBanking

    in staff stood at 1.4 percent. Since 2012, the bank network in Greece has been reduced by 1,297 branches, which corresponds to a drop of 35.7 percent. The number of bank employees has been reduced

    2%

  7. Unemployment rate falls to new five-year low of 22.5 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Over the last 12 months, the jobless rate has been reduced by 1.3 percentage points (pp... other prefectures, the unemployment rate ranged between 21.8 – 23.3 percent. The IMF has adopted

    2%

  8. Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the last four quarters. From the recent high of 91 in Q3 2016, the index has fallen by 3.3 percent.... Since its peak, the index has declined by 26.9 percent on the back of the negative impact stemming

    2%

  9. Athens banks on French support for debt relief and growth
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The Greek government is due to welcome French Finance Minister Bruno Le Maire to Athens on Monday as it heads into the last few days of intensive negotiations before Thursday’s Eurogroup. Athens has... breakaway group that held lengthy discussions that night. Since then, he has put forward a new

    2%

  10. Greece secures next bailout tranche, moves towards deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    in the day but reports put the figure at 8.5 billion euros. Given that Greece has around 6.5 billion...,” holding off on any further financial commitment until the debt issue has been settled. German

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