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  1. Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Alpha and NBG completed on October 27 the sale of their hotel subsidiaries. In specific, Alpha concluded a definitive agreement with Home Holdings for the sale of its stake of 97.3 percent in Athens Hilton hotel for a consideration of 142 million. NBG also completed the sale of its 67.26 percent

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  2. Greek stocks drop 1.5 pct during week amid subdued trading activity
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    . Alpha Bank completed last Friday the sale of its 97.3 percent stake in Ionian Hotel to Home Holdings... refinancing of Ionia Hotel debt of 67.2 million. Alpha Bank also completed on Wednesday an SME

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  3. Industry turnover down by 2.3 pct in April for sixth straight fall

    Economy

    breakdown of the main industrial groupings indicates that the fall in April is entirely due to energy

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  4. Major fall of 31.6 pct for building activity in July

    EconomyMacroeconomy

    rise erased only a small part of previous months’ losses, still pointing to a fall by more than 36

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  5. Greek stocks down by 4.8 pct during week for third straight fall

    Economy

    The Greek stock market was down 4.8 percent this week for its third successive fall, which was fueled by trading reasons related to the stock overhang after the introduction of new bank shares as well as the rebalancing of stocks’ weightings in various indices. Trading activity improved notably

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  6. Travel receipts drop by 4.1 pct in Oct for second straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    reflects a fall in the average spending per trip by 4.7 percent to 488 euros, while non-residents

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  7. Industrial turnover drops 10.1 pct in November, for thirteenth straight fall

    EconomyMacroeconomy

    The fall in Greece’s Turnover Index in Industry decelerated to 10.1 percent in November following a revised 18.8 percent drop in October, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. A similar decline of 10.7 percent was also posted over the past twelve months. The November

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  8. Industrial turnover sees 21st straight month of decline with 5.9 pct fall in July

    EconomyMacroeconomy

    in July reflects a fall in the manufacturing turnover by 6.1 percent. The turnover for mining

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  9. Travel receipts fall by another 3.1 pct in Feb on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece's travel receipts continued to fall in February, when they dropped by 3.1 percent, after a decrease of 2.4 percent in January, Bank of Greece (BoG) figures showed on Friday. The absolute figure landed at 145.1 million euros in February, while the corresponding payments fell significantly

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  10. Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece's travel receipts fell by 7.8 percent in March, declining at a sharper pace than the 3.1 percent drop which was recorded in February, Bank of Greece (BoG) figures showed on Tuesday. Receipts stood at 203.3 million euros in March, while the corresponding payments recorded a fall of 33 percent

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