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  1. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) posted net profit of 87 million euros in the first quarter (Q1) of 2016 from a loss of 2.05 billion in Q4 and 159 million a year ago. Core pre-provision income (PPI) rose 21 percent quarter on quarter (QoQ), mainly reflecting lower costs related to pillar II bonds

    13%
  2. Newsletter 75 - 27/05/2016

    Newsletters

    , while core pre-provision income rose 21 percent QoQ largely due to lower costs related to pillar II

    13%
  3. Greek stocks slip 0.4 pct during week

    Economy

    and cost containment. In contrast, NBG posted net profit of 81 million in Q1 with core PPI rising by 21

    13%
  4. PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months

    EconomyMacroeconomy

    producers heading south unabated in twenty of the last 21 months. In contrast, the input costs increased

    13%
  5. Newsletter 77 - 10/06/2016

    Newsletters

    in Q1, which indicates the lowest reading since Q1 2013. The trade deficit surged 21 percent in April

    13%
  6. Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
    Photo via www.helex.com

    Economy

    their Annual General Meetings (AGM) on June 21, EYDAP on June 22, Hellenic Telecom (OTE) on June 23, Folli

    13%
  7. Current account deficit narrows to 822 mln in April

    EconomyMacroeconomy

    Greece's current account (C/A) deficit fell by almost 21 percent to 822 million in April from 1.04 billion a year ago, Bank of Greece (BoG) figures showed on Tuesday. The year on year improvement largely stems from a drop in the goods’ deficit by 276 million coupled with an increase in the primary

    13%
  8. Stocks plunge 8.8 pct over week in aftermath of UK referendum outcome
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    news Fitch affirmed on June 21 Greek banks’ rating at ‘Restricted Default’ (RD) reflecting its view

    13%
  9. Marinopoulos travails point to wider difficulties for supermarket sector

    EconomyFeatures

    compete to make itself appealing to consumers. Marinopoulos has until 21 September 2016

    13%
  10. Newsletter 81 - 08/07/2016

    Newsletters

    by another 2.5 billion to 58.6 billion euros until July 21. Since mid-August, the ELA limit has been trimmed

    13%