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  1. The race to reduce Greece's bad loans

    EconomyBanking

    euros) and NPE sales (-3.5 billion euros). Piraeus Bank expects combined NPE and NPL stock to stand

    4%
  2. New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month

    EconomyMacroeconomy

    new tax debt mentioned earlier. These movements combined to bring the total for overdue debt

    4%
  3. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    combined NPE and NPL stock to stand at 25.9 billion by the end of the year, and to fall further

    4%
  4. Newsletter 169 -06/07/2018

    Newsletters

    tax debt mentioned earlier. These movements combined to bring the total for overdue debt, including

    4%
  5. Car ​sales up by 28.4 pct in June and 28.8 pct in first six months of the year
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    to the recovery in recent years is the renewal of rent-a-car fleets, combined with strong tourism

    4%
  6. More changes needed to unlock private sector's potential, report says
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    weaknesses that existed before the crisis struck combined with the devastating impact of the recession

    4%
  7. Newsletter 171 -20/07/2018

    Newsletters

    to do business in Greece. The structural weaknesses that existed before the crisis struck combined

    4%
  8. Disposable income grows by 2.1 pct in Q1, gross savings continue to shrink
    Photo by MacroPolis

    EconomyMacroeconomy

    , as salaries were cut during a wave of austerity measures, which combined to cause a 27 percent decline

    4%
  9. New overdue taxes rise by 428 mln in June, total stock above 102 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . These movements combined to bring the total for overdue debt, including both new and legacy debt

    4%
  10. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    combined represent 46 percent of the total market share in Greece in 2017, up from 30.3 percent in 2004

    4%