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  1. Collapse of Cyprus talks, "Justice March" raise risk of offshore drilling standoff
    Photo by Fosphotos

    Agora

    The collapse on 7 July of the latest UN-sponsored talks to resolve the Cyprus issue has increased... days with little progress, the talks finally collapsed in a shouting match in the early hours of 7 July... drillship West Capella is currently en route to Cyprus and is scheduled to arrive in Block 11

    7%

  2. Credit contraction continues in July with 1.2 pct decline
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros while credit to insurance corporations had monthly net increases of 266 million to nearly 7 billion euros. Loans to sole proprietors posted net deductions of just 7 million

    7%

  3. Credit contraction eases to 0.9 pct in August

    EconomyMacroeconomy

    reflected monthly net increases of 70 million to just over 7 billion euros. Loans to sole... further to 59.59 billion euros. Consumer credit posted marginal net declines of 7 million euros

    7%

  4. Credit contraction eases to 0.8 pct in Sept
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    . Credit to insurance corporations reflected monthly net increases of 51.6 million to just over 7... a contraction of 7 million euros in the previous month. The balance remained below the 24-billion-euro mark

    7%

  5. Lenders wait for prior actions to be completed, Athens expects 4.5-bln tranche
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    that claimed it would be somewhere between 7 and 8 billion euros by insisting that Athens is only... on Friday that European Union sources suggest that the final amount may reach around 7 billion euros

    7%

  6. Eighteen core goods led exports during crisis, NBG study notes

    EconomyFeatures

    the crisis, roughly 6 to 7 percent, exports to non-EU countries grew at a slower rate. In these markets, Greek exports rose on average by 3 percent per annum during the crisis compared to an average of 7

    7%

  7. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    last year, up by 7 percent. In H1, recurring operating expenses showed a decline of 4 percent... been budgeted for 2018. Gross loans further contracted by 7 percent QoQ to 53.75 billion in Q2

    7%

  8. Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
    Photo by MacroPolis

    EconomyBanking

    be further reduced to single digits by 2021 with an NPE deconsolidation of approximately 7 billion... of the 7 billion transferred to the SPV and 2 billion from the securitisation of 2 billion euros-worth

    7%

  9. Bank of Greece outlines challenges to SME funding, gaps in knowledge
    Photo by MacroPolis

    EconomyFeatures

    quarter belongs to only one owner and the remaining 7 percent is owned by other enterprises, business... credit (15 percent), leasing (9 percent) and other financing sources (less than 7 percent). Bank

    7%

  10. Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    length of stay falling by 1.5 percent year-on-year (YoY) from 7.1 nights to 7 nights. Receipts Travel... of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected this year.

    7%