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  1. Eurobank net profits from continued operations fall by 12.2 pct in 2018
    Image via www.eurobank.gr

    EconomyBanking

    billion in February 2019. As of February 2019, Emergency Liquidity Assistance (ELA) has been fully... has already attracted interest. “Based on our results and the current execution pace, we remain

    1%

  2. Industrial production up by 3.4 pct in Jan for third straight rise
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    from -4.6 points. Year-on-year, industry confidence has deteriorated by 5.4 points. Additionally... with the improving tend that has been in place since June 2017. Output growth was the joint fastest since March

    1%

  3. A snapshot of the Greek economy

    Agora

    on track, Greece has not yet fully recovered. ELSTAT announced that the economy grew at a rate of 1.9... hampered. Yet most importantly, no agreement has been reached about the non-performing loans, posing

    1%

  4. PM seeks to douse snap election talk, points to October polls

    PoliticsGreek Politics

    Amid growing speculation that Alexis Tsipras is thinking of rejecting the option of holding snap general elections in May, the prime minister has given the strongest public indication yet that he... that it has no validity since the same does not apply for candidates in local elections

    1%

  5. Industrial turnover down by 7.6 pct in January
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    of 2019. Production also continued to improve in line with the improving tend that has been in place... points from -4.6 points. Year-on-year, industry confidence has deteriorated by 5.4 points.

    1%

  6. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    in Q4. The latest quarter marks 13 straight quarters in which NPE formation has declined. The bank reported that across the last 12 months, NPE reduction has come to 5.5 billion euros, and the bank

    1%

  7. IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
    Photo by MacroPolis

    Economy

    The Independent Authority for Public Revenue (IAPR) has released annual figures for 2018 which show the growing pile of tax debt owed to the state as well as increased measures to confiscate amounts..., the IAPR has set a target of enforced debt collection methods to 66 percent of the total amount of tax

    1%

  8. Early IMF repayment next goal for Athens after concluding second post-MoU review
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    in nature, expiring at the end of this year. “This particular law has a target, which is to protect... to the IMF has an interest rate of nearly 5 percent. From a debt sustainability and fiscal perspective

    1%

  9. Eurosystem funding falls by 1.24 bln in Jan, banknotes in circulation fall below Nov 14 figure

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding declined by 1.24 billion euros month-on-month (MoM) in January, the Bank of Greece's (BoG) final financial statement for January 2019 has revealed. As of January... of 126.57 billion in June 2015, Eurosystem funding to Greek banks has declined by roughly 116.74

    1%

  10. IMF sees Greece on course to meet fiscal targets and reduce debt

    EconomyProgramme

    sees compliance with the primary surplus target that Greece has agreed with its creditors. The primary.... Revenue collection On the revenue front, the Independent Agency for Public Revenue (IAPR) has

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