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  1. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    on Thursday with a large number of firms posting their quarterly results this week. Mytilineos net.... METKA Q4 net profit surged 68.5 percent to 38.4 million mainly driven by its sub-Saharan operations... Corporation (PPC) recorded net loss of 102.5 million in 2015 from profit of 91 million last year largely

    3%
  2. Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011

    EconomyMacroeconomy

    ) to 212.53 billion euros. Monthly net deductions continued unabated since July 2012. They fell to 237... in 2014. The negative loan flow in October is fully attributed to household lending net deductions of 355 million euros, while corporate lending recorded net additions of 209 million for the first time

    3%
  3. Greek current account deficit widens by 32.4 pct in November despite services surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    government net receipts from the EU. In contrast, the services’ surplus rose by 128 million, while... in the trade deficit reflects higher net oil import bill largely offset by lower net payments... higher net payments for purchases of ships, while the net oil import bill posted a slight rise

    3%
  4. Greek stock market loses 1.8 pct in week of mixed messages, Q1 results

    Economy

    net profit of 11.9 million (+12.7 percent) led by a double-digit rise in sales by 11.5 percent... in line with market estimates. OPAP's Q1 results showed net profit reached 58 million up 16.9 percent.... On Wednesday, Mytilineos posted a strong growth in Q1 net profit by almost 50 percent to 22.8 million

    3%
  5. Current account surplus at 407 mln in May - first positive balance since Sept 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    to lower net oil import bill largely on account of a temporary shutdown of Aspropyrgos refinery... 11.8 percent YoY. According to BoG, lower net payments for purchases of ships and lower net oil...) was slightly offset by declining net transport receipts. In the 5-month period, travel receipts

    3%
  6. Rate of credit contraction edges up to 1.6 pct in Oct

    EconomyMacroeconomy

    in September, Bank of Greece (BoG) figures showed on Thursday. The net lending flow remained negative for the fourth straight month, with net deductions rising to 412 million euros in October from 293... to 96.52 billion euros. Net deductions increased to 224 million from 51 million in September. Since

    3%
  7. Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln

    EconomyMacroeconomy

    , the outstanding balance fell further to 190.79 billion euros. Moreover, the net lending flow stayed negative for the second straight month, albeit with lower net deductions of 205.8 million from 395.1 million in the previous month. The negative flow in June reflects net deductions of 132.4 and 97.7 million

    3%
  8. Wolfgang at the door
    Photo by EU/Fosphotos

    Agora

    body and on the single currency as a whole. Some will argue that as the euro, still in its infancy... Schaeuble’s services to the single currency and Europe in general, these three factors are also... of a great European or that he will leave a lasting positive legacy as far as the single currency

    3%
  9. What's in an Irish border?

    Agora

    , however, bears little resemblance to the dystopian images of that movie. The single market allows... explained that the UK wants to be out of the single market and the customs union once Brexit takes place... part of the village is in the Republic and the other in the UK. If the UK is out of the single market

    3%
  10. Moments to remember from the euro crisis
    Photo by MacroPolis

    Agora

    . The precariousness of the Italian situation, and other threats to the single currency, are the best motivation... investors and bought politicians valuable time to tend to the cracks in the single currency. Like... factors pushing Italy towards the precipice, there can be no complacency within the single currency area

    3%