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  1. Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2.22 billion, grants to hospitals at only 4 million (0.3 percent of the annual target of 1.3... burden each year. The 2-month figure stood at 1.7 billion, down 1 percent from last year, while

    21%

  2. Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
    Photo by MacroPolis

    EconomyBanking

    fell by 4 percent to 992.3 million. In the Greek market, costs dropped 5.5 percent in 2017...) figures published earlier this week. The phased-in Common Equity Tier 1 (CET1) ratio rose by 20 basis

    21%

  3. Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    by 2.5 and 1 percent respectively, while the corresponding trade deficit dropped by 4.4 percent.... Stripping out the impact of oil products and the value of ships, imports and exports rose by 4 and 1.9

    21%

  4. Stocks finish week on high after progress at Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    by Viohalco (-3.2 percent), Grivalia Properties (-1.8 percent) and Mytilineos (-1 percent). Overall, only... percent to 3.11 billion and adjusted EBITDA increased by 4 percent to 250 million. Lamda Development

    21%

  5. IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    at zero (from -3.4 percent of GDP) in 2016, at -1.5 percent (from -2.7 percent) in 2017 and at -1.... The IMF also upgraded its debt ratio forecasts by 2 to 4 percentage points until 2022. Specifically

    21%

  6. Greek stocks edge down 0.6 pct ending three-week rally
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    , the biggest drop was posted by Aegean Airlines (-6.9 percent) followed by OPAP (-4 percent) and Public Power...) of Titan approved the distribution of a dividend of 0.10 euros per share and a capital return of 1 euro

    21%

  7. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    returning to normal levels. Costs were also down by 4 percent year-on-year (YoY) reflecting a 5... to 41 billion and management said that deposit flow stabilised in Q2. The Common Equity Tier 1 (Tier1

    21%

  8. Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in Q1 largely reflecting an increase in the rental income by 4 percent to 16 million. Aegean Airlines..., Terna Energy and Viohalco hold their AGMs on May 30 followed by Mytilineos and Metka AGMs on June 1

    21%

  9. Greek university system out of sync with economic reality, study finds
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    percent were studying humanities, 12 percent science education and only 4 percent were studying... appear to have taken up these schemes. According to the study, around 1 million job places have

    21%

  10. Athens hopes for sub-tranche this week, ND keeps up pressure on Kammenos
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Central Bank, which are worth 4 billion euros and mature on July 20. Also, 0.8 billion from the 7.7... for a parliamentary inquiry to be set up to investigate Kammenos’s intervention in the Noor 1 drug smuggling

    21%