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  1. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    has recently entered into agreements with specialised asset management and commercialisation channels

    2%

  2. Retails sales up by 5.1 pct in Mar after three-month slump
    Photo by MacroPolis

    EconomyMacroeconomy

    this year. Compared to May 2018, consumer confidence has improved impressively by 19.1 points.

    2%

  3. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    provisions ratio remained at the level of 49 percent. Compared to Q1 2018, NPE stock has declined by 5.02

    2%

  4. Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
    Image via www.piraeusbankgroup.com

    EconomyBanking

    purchase price for Ιntrum’s acquisition of the majority share of the platform has been set at 328

    2%

  5. CPI edges up by 0.2 pct in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) increased by 0.2 percent in May following a rise of 1 percent in April, figures from the Hellenic Statistical Authority (ELSTAT) showed on Monday. May’s reading means that the index has remained positive for thirteen consecutive months. Prices rose throughout

    2%

  6. Industrial production drops by 0.8 pct in Apr
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    confidence has improved by 0.8 points. Additionally, Markit’s manufacturing PMI came to 54.2 points

    2%

  7. Concern mounts in Athens regarding Turkish stance in Aegean, East Med

    PoliticsForeign Policy

    "exclude that the present Turkish leadership has similar designs". The new element that is causing

    2%

  8. Apartment prices up by 4 pct in Q1 for highest increase since 2007

    EconomyMacroeconomy

    . However, industry analysts have noticed that domestic interest has been slow to match

    2%

  9. Regling underlines concerns about fiscal target after voter-friendly measures

    EconomyProgramme

    European Stability Mechanism (ESM) managing director Klaus Regling has repeated his warning that Greece’s is veering away from its fiscal targets following recent measures that Athens adopted without consulting the institutions, leaving the next government with some tough decisions to make. Regling

    2%

  10. Turnover in services sector improves slightly in Q1 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    points in April. Year-on-year, the service confidence indicator has fallen by 17.8 points.

    2%