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  1. BoG highlights areas of concern in underlying NPE data
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    in the first half of the year to 19.9 billion euros, representing 22 percent of total NPEs. It is important... stand at 31 percent of the type, while consumer loans under protection are at nearly 24 percent

    25%
  2. BoG data shows drop in card usage in first half of 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    versus 30 in the previous six-month period. Split between type of payment card, debit card... consumers to demontrate electronic transactions equal to 30 percent of their income, or face a 22

    25%
  3. New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
    Photo by MacroPolis

    EconomyFeatures

    for large companies. Meanwhile, net debt for SMEs dropped by 1 percent and by 22 percent for large... type of company in Greece falls under the classification of single traders, which is reflected

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  4. Most Greek businesses feel capital controls impact, 69 pct see turnover drop

    Economy

    (at 60 euros per depositor) had a high or very high impact on 46 percent of companies with one third.... A majority of 54 percent expect there will be a deposit haircut, with 22 percent anticipating... evasion (22 percent) and implementation of labour market and pension system reforms (16 percent

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  5. Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates

    Society

    . Companies in Romania and Greece (both 74 percent), Bulgaria (61 percent) and Italy (60 percent... are widespread has decreased dramatically in Greece (-22 pp) and Croatia (-18 pp). The country-level... increase on 2013. More than half of all companies in 22 member states say the practice of tailor-made

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  6. Stocks finish week on high after progress at Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    with outflows increasing to 37 million in March from 22 million in February. As a result, foreign investors recorded outflows of 22 million in the first quarter (Q1) of the year. Corporate news Viohalco losses stood at 6 million in 2016 compared to 60 million a year ago, while its turnover fell by 5

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  7. Conclusion of third review closer as extensive bill tabled by coalition
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    it submitted to Parliament the vast multi-bill that will take care of around 50 of nearly 60 remaining prior... of the third review on January 22, paving the way for the next loan tranche to be released... legislation ahead of the January 22 gathering of eurozone finance ministers. This will also pave

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  8. Part-time work, low pay characterise crisis-era job market
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    was gathered between November 22 and December 15 2017, via a sample of 1,501 people, of which 1,001 were...” that they would lose their job in the next six months. Unemployment Of the unemployed respondents, 60 percent... in the reasons people gave for being unemployed. Of those unemployed for a year, 22 percent had quit, 21

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  9. Eurobank net profits at 56.8 mln in Q1
    Image via www.eurobank.gr

    EconomyBanking

    to net profits of 32.6 million in Q4. The relevant net profit in Q1 2019 stood at 22 million euros... ratio stands at 15.6 percent and total provisions account for around 60 percent of NPEs in Q1. The NPL... 47,000 applications, or roughly 22 percent of the eligible portfolio. Fifty six percent

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  10. OPEKEPE inquiry sparks new political clash as despondent public looks on
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , sceptical of the political system, and increasingly open to new parties. MRB for Open shows ND at 22..., the headline finding is political mood: 60 pct of respondents prefer political change, compared with 39 pct.... Taken together, the three polls show ND’s voting intention ranging between 22 pct and 24.5 pct

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