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  1. Greece sizes up task of restructuring corporate debt

    Economy

    their debt. On the flipside, non-healthy corporates account for 20 percent of total corporate loans

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  2. As imports rise, Greek C/A balance flips back to deficit in May

    EconomyMacroeconomy

    Greece's May current account (C/A) balance showed a deficit of 246.2 million from a surplus of 69.6 million last year, according to the Bank of Greece (BoG). The C/A balance deterioration is owed to an increase in the trade and current transfer deficits by 345 and 156 million respectively, which

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  3. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    away hard-earned cash just to damage the current account balance. This doesn’t sound like much

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  4. Stress mounts ahead of ECB's tests on Greek banks
    Photo by MacroPolis

    Economy

    approved by the Commission should be taken into account when they are stress tested. “It would

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  5. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    . Although Greece managed to show a Current Account (C/A) surplus of 0.7 percent of GDP in 2013

    1%
  6. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    completed in 2013. Taking into account that the outstanding figure of arrears shows a net increase

    1%
  7. Greeks' wages fell more than 10 pct in 2013, IKA data shows
    Photo by MacroPolis

    Society

    in the services and retail sectors, who account for almost 20 percent.

    1%
  8. Greek central government debt rises to 322.4 bln in Q2

    Economy

    into account that repayments to the IMF started in Q3 2013 and reached 4.9 billion euros by the end of Q2 2014

    1%
  9. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    into account the full elimination of DTA in excess of 10 percent of CET1, the Basel III fully loaded

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  10. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    forecasts foresee a 5.3 percent rise in 2014 after a 12.8 percent drop last year. Taking into account

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