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  1. BoG reveals figures for repatriation and banknotes returning to banking system
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    (outside the Greek banking system) was higher at 4.8 billion, split between 2.2 billion in the second... of 2015 was the highest that has been recorded since the beginning of the Greek crisis

    3%
  2. Economic sentiment edges up in March, consumer confidence deteriorates for third straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved by 0.5 points in March following a drop by 2.2 points in the previous month, European Commission (EC) figures revealed on Thursday. The ESI stood at 93.4... confidence indicator (+1.1 points). On the flipside, the construction confidence indicator has dropped by 3.9

    3%
  3. Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
    Photo by MacroPolis

    EconomyBanking

    has been reduced by 1.5 billion euros over the last 12 months, while the respective decline... billion (of which 0.9 billion related to ELA funding), while EFSF repos increased by 2.2 billion

    3%
  4. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    was reduced by more than 2.2 billion QoQ to 80.4 billion euros, with the NPL ratio landing at 34.8..., yet the improved performance in Q4 has not continued in the next quarter as borrowers appear

    3%
  5. Athens details fiscal counter-measures, a vital selling point for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    be eliminated (from 2.2 percent currently) and for incomes between 20,000 and 30,000 euros it would... Alexis Tsipras has in his bid to convince SYRIZA members, MPs and the wider public that the deal

    3%
  6. Significant drop in number of Greek citizenships granted
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    The number of Greek citizenships granted to non-Greeks more than halved in the two years from 2013 to 2015, EU data has shown. Eurostat figures show that there were 7,000 fewer new Greeks in 2015... Albanian, 2.2 percent Russian and 1.6 percent Georgian, Greece is one of 16 EU member states where about

    3%
  7. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to the state. Privatisation proceeds for 2018 and 2018 are estimated at 2.2 and 2.3 billion respectively... The government has to approve legislation to introduce a new permanent mobility scheme, to complete

    3%
  8. Debt deal eludes Greece and lenders, June 15 set as final deadline
    Photo via Fosphotos

    PoliticsGreek Politics

    for discussion but “not too much” because of the debt maturities in July. Greece has to pay 256... a 3.5 percent of GDP primary surplus from 2018 to 2022 and then 2 percent from 2023 to 2060 or a 2.2

    3%
  9. Stocks up 3.1 pct during week to reach fresh two-year high
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    stable on Friday. Overall, the banking index has gained 8.9 percent since the end of May. The three... Power Corporation - PPC (-4.7 percent), Titan (-4.1 percent) and Jumbo (-2.2 percent). The daily

    3%
  10. Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the jobless rate has declined by 2 percentage points (pp) from the Q2 2016 figure of 23.1 percent... pace by 2.2 pp to 25.4 percent. The breakdown by age revealed that the jobless rate among the 20-24

    3%