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

    EconomyBanking

    . As a result, the group’s NPE stock edged down to 22.9 billion in Q4 from 23.1 billion in Q3, while

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  2. Athens, lenders trying to put last pieces in place for technical agreement
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    bargaining after the expiration of the programme in August 2018, while the IMF’s demand for the limit

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  3. 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 in March, down by 1.7 points year to date. Consumer confidence fell for the third straight month

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  4. No return of institutions to Athens yet as differences persist
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    for PPC’s hydroelectric units. According to reports of the content of a briefing delivered by Finance

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  5. Retail sales rebound 1.4 pct in Jan after brief fall in Dec
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop of 1.3 percent in December, Hellenic Statistical Agency (ELSTAT) data revealed on Friday. The January headline figure represents the fourth positive reading in the last five months. However

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  6. PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell by 1 point to 46.7 in March, almost offsetting the rise of 1.1 points recorded in the previous month, Markit survey showed on Monday. The March headline figure represents the seventh straight reading below the 50-point mark. The deterioration is largely attributed

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  7. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus fell by 430 million euros to 2.61 billion in the 2-month period of 2017 from 3.04 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Monday evening. Only social security funds (SSFs) recorded

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  8. Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Independent Authority of Public Revenue (IAPR) published on Monday its annual report for 2016, which revealed useful data on the composition of Greece’s tax debt. The report showed that 4.31 million taxpayers (individuals and companies) owed 92.88 billion (52.8 percent of GDP) in the beginning

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  9. Compromise proposal on table ahead of Friday's Eurogroup
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    on this draft proposal at Friday’s Eurogroup in Malta would mean that the institutions’ mission chiefs

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  10. Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment stayed stable at 23.5 percent in January 2017 after an upward revision of the December figure, which was initially reported at 23.1 percent, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. As the result, the headline

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