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  1. Newsletter 129 - 28/07/2017

    Newsletters

    course. 2 Household disposable income eases in Q1 Consumption remains on an upswing for the third.... Primary expenditure decreased for the third successive month by 7 percent in June, while the figure

    12%

  2. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    . Employment in the tourism sector grew by 7 percent between 2008-2016 versus the 23 percent drop... to pre-crisis levels (around 2 billion annually compared to 800 million between 2010-2015

    12%

  3. Newsletter 130 - 04/08/2017

    Newsletters

    billion to 38.9 billion until September 7. 2 Retail sales grow by 0.4 pct in May Seasonally adjusted

    12%

  4. Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent, the highest level for the year so far, after falling by 7 percent in June and landed at 3.85...-month period showed that primary expenditure declined by 2 percent to 23.18 billion euros

    12%

  5. General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The deficit in local government eased to 2 million euros, improving on the previous month’s deficit... (-7 million), hospitals (-4 million) and local governments (-1 million). From the beginning

    12%

  6. EC upbeat on reforms paying off, as long as they continue
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    the International Monetary Fund’s participation, a post-programme fiscal package amounting to 2 percent of GDP... to up to 750,000 people, 7 percent of the Greek population. It costs 750 million euros annually

    12%

  7. Newsletter 149 -2/02/2018

    Newsletters

    and mostly driven by a QoQ rise in revenues in Q3. 2 Overdue tax obligations rise to 101.86 bln in Dec... debt now stands at 12.93 billion euros. This represents a decline of 7 percent against the figure

    12%

  8. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    . This will be achieved through a combination of restructurings, curings, liquidations and collections (-7 billion euros... or into early 2019, a collateralised portfolio of NPLs from small and medium sized businesses worth 2

    12%

  9. Eurobank net profits at 34.5 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    , also staying negative for a sixth quarter. An increase in NPE formation of 7 million euros was noted... and medium sized businesses worth 2 billion euros is also on track for sale. P&L NII fell by 4.8

    12%

  10. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    segment increased by 16 million euros, and declined by 2 million euros in the wholesale segment. Within... was reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB

    12%