Business Briefs

-Marfin Popular Bank on Thursday said its first quarter net profits totaled 71 million euros, while its Tier I capital base ratio rose to 12.1 pct, up 210 basis points compared with the previous quarter, one of the highest among banks in the Eurozone.

-The Public Power Corp., Greece’s power utility, on Thursday reported a 64-pct decline in its first quarter profits to 93.3 million euros, down from 257.5 million euros in the corresponding period of 2010, reflecting increased competition, higher fuel costs and lower hydro-electric power production.

-Computer sales fell 33.8 pct in the first quarter with 196,238 units sold in Greece in the January-March period, down from 296,393 in the corresponding period last year, IDC said on Thursday.

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