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Omnibus bill passes but leaves marks on coalition and SYRIZA
PoliticsGreek Politicsto the short time the government granted MPs to debate legislation that stretched to more than 250 pages... increases to take place at prices lower than those paid by the country’s recapitalisation fund... and served as a reminder that with less than two months to go to the elections, SYRIZA has yet
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Greek stocks advance 2.6 pct for second straight week on improved investor sentiment
Economy. METKA Q4 net profit surged 68.5 percent to 38.4 million mainly driven by its sub-Saharan operations. Sales more than doubled to 329.7 million with EBITDA climbing to 64.2 million from 25.6 million last.... Lamda Development showed net loss of 22.1 million in 2015 slightly lower than 2014 figure of 23.5
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomypreviously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP... where countries’ per capita GDP declined more than 20 percent, peak to trough. The sample includes countries from Sub-Saharan Africa, Latin America, the Middle East, the Caribbean and countries from
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Are hirings in the public sector out of control?
EconomyFeaturesis lifted is more than topical, as discussions start to focus on shaping the country’s post-MoU... since the beginning of the crisis, perhaps more than most people realise. The core public sector ended... historically been looser than those applied to the staffing of permanent roles. Up until 2009, applicants
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Newsletter 34 - 10/07/2015
in the same period last year. This translates into a net drop in retail sales by 305 million over... reflecting domestic consumption rather than increased tourism activity. Triggered by a panic to hoard medicines rather than cover their actual needs, citizens also rushed to pharmacies, where child
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeprojections, largely due to lower growth and deflators, while unemployment was much higher than originally... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent... the sustainability assessment around the gross financing needs (GFN) metric rather than a specific debt
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankinginflow of 430 million, which is lower than the respective figure of 560 million recorded in the two-year... banknotes, the monthly repatriation of funds worth 470 million over the last 17 months was more than... in the July 2015 – November 2016 period stood at 180 million, which is substantially higher than
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingfor the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1...-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected
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Stocks rise for first time in three weeks, gaining 1.1 pct
Economy. Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core pre-provision income rebounded by 1.2 percent to 305 million. Marfin Investment Group (MIG) showed... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomyincreased by 2 percent to 35.26 billion, lower than the target by 305 million. PIB PIB revenues came... million in the first nine months of the year, 805 million better than the target.
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