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  1. Foreclosure bill undergoing final adjustments to satisfy creditors

    EconomyProgramme

    with the 130,000-euro threshold for the residual mortgage. The other issue that has to be resolved is whether borrowers..., when the Eurogroup meets. Athens’s fear is that if this has not happened, the eurozone finance

    3%

  2. 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

    3%

  3. 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.

    3%

  4. 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

    3%

  5. BoG report notes challenges to Greek economy, issues warning over high fiscal targets
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The Bank of Greece’s (BoG) annual report has outlined a number of challenges and proposals for the Greek economy, and included a downward revised forecast for growth. BoG governor, Yannis Stournaras... was the fact that the BoG has revised its growth forecast for 2019 to 1.9 percent from 2.5 percent

    3%

  6. 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

    3%

  7. 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

    3%

  8. Confrontation over graft claims moves into overdrive
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to bribery and money laundering allegations linked to pharmaceutical giant Novartis. Loverdos has said that he will ask for his immunity to be lifted so that he can prove his innocence. The affair has

    3%

  9. Confidence vote and relief measures expected after Easter break
    Photo by MacroPolis

    PoliticsGreek Politics

    this as an opportunity to talk up the interventions that his government has made over the last six months to provide... that support for Podemos has plummeted over the last few years and suggested that SYRIZA’s star would wane

    3%

  10. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    billion in Q1. The latest results mean that since the end of 2015, NPE reduction has reached 7.2 billion euros. The bank has set a target to reduce their NPE pile by 11.1 billion euros to 4.3 billion up

    3%