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  1. NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
    Photo by MacroPolis

    EconomyBanking

    Following Eurobank and Piraeus, National Bank of Greece (NBG) published on Wednesday its trading update for the second quarter (Q2), providing the evolution of the key P&L and balance sheet items, excluding those related to loan provisions, after tax earnings and capital. Starting from the top-line

    5%
  2. Growing hopes that Greek recession will be milder than expected

    Economy

    and imports were seen decreasing by 2.5 and 5.5 percent, respectively. Eurobank Economic Research

    5%
  3. Greek shares up for the third straight week on strong performance from banks

    Economy

    , Eurobank’s performance excelled surging by 47.6 percent this week followed by NBG (+29 percent

    5%
  4. Strong start for Greek stocks but they end week down 3.4 pct

    Economy

    (+4.5 percent), Eurobank (+3.2 percent), Hellenic Exchanges (+2.1 percent) and METKA (+0.6 percent

    5%
  5. Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    increases. The book-building process of Piraeus has already started, while those of Eurobank

    5%
  6. Management of NPLs to test gov't in negotiations with lenders
    Photo by MacroPolis

    Economy

    . Recent press reports indicated that Eurobank is also interested in participating in Aktua Hellas

    5%
  7. Greek stocks down 4.2 pct over week on global and local concerns

    Economy

    by Eurobank (-20.4 percent), Piraeus (-20.2 percent) and Alpha (-13.6 percent). The average daily turnover

    5%
  8. Greek stocks down by 8.9 pct over week amid concerns of slow review

    Economy

    by the core banks: Eurobank (-27 percent), Alpha (-25.7 percent), Piraeus (-24.9 percent) and NBG (-18.5

    5%
  9. Greek stocks nosedive 9.8 pct over week amid bank sell-off

    Economy

    (-2 percent). In contrast, the top-3 losers were three of the four systemic banks, namely Eurobank

    5%
  10. Greek stocks reverse recent downward trend with 7.5 pct rise on Monday

    Economy

    percent in the past two weeks, surged 24.8 percent on Monday, mainly led by Eurobank (+29.9 percent

    5%