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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
AgoraThe four core Greek banks released their second quarter (Q2) results in the last two days of August... corporate case in the Greek market (Marinopoulos supermarket) Starting from the most important... increased write-offs. Bank of Greece (BoG) data showed that Greek banks’ write-offs climbed to 729
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Greek families shell out for education as state system falls short
Societyto prepare students to pass the exams. The result is that 99 percent of Greek children in high school... of a system that is meant to be free, the Greek education system regularly achieve mediocre... of step with the current realities of the Greek economy, arming students with degrees
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Beleri case dents Greek-Albanian relations, puts progress on hold
PoliticsForeign PolicyThe issue of the ethnic Greek Mayor-elect of Himare, Fredi Beleri, who has been held in custody in Albania since May has caused a major setback in Greek-Albanian relations. Athens is unhappy that Albanian Prime Minister Edi Rama does not appear willing to cooperate with the Greek government
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Greek current account deficit widens by 32.4 pct in November despite services surplus
EconomyMacroeconomybillion in November stemming from an outflow of 1.1 billion in non-residents’ holdings of Greek... of 2.2 billion from non-resident’s investments. The latter reflects a significant inflow in Greek... travel receipts (up 30.7 percent) on surging non-residents’ arrivals (up 53.9 percent). Following
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Greek current account deficit widens by 27.4 pct in Feb
EconomyMacroeconomyprimarily due to a decrease in non-residents’ investment in Greek government bonds and T-Bills as well as in Greek stocks. Reserve assets slipped month on month to 5.72 billion at the end of February from... soaring non-residents’ arrivals (up 56 percent). The aggregate figures for the 2-month period showed the C
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Newsletter 97 - 25/11/2016
the outlook for Greek banks from negative to stable, largely reflecting improving profitability... of meetings between Greek ministers and institutions’ mission chiefs concluded on Tuesday without reaching... into. Throughout the Greek crisis, the instability caused by the momentous economic adjustment
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Which way now, Mr Tsipras?
Agoraand was convinced immediately upon reading it that this was not a genuine option for a Greek prime minister... earlier) that Schaeuble was gunning for a Greek exit, one wonders what measures the Greek prime
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomyAfter remaining broadly stable at around 1.8 percent since last December, Greek households’ new..., the Greek time deposit rate remains more than 60 bps above the eurozone average of 0.68 percent... above 1 million euros. The July rate indicates the lowest reading since June 2010. Greek corporate
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New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls
EconomyMacroeconomyFollowing a sharp drop by 50 basis points (bps) in July, Greek households’ new time deposit rate.... Although Greek time deposit rates fell markedly in the past couple of months, they still remain 50... rates led to a further rise in the average spread of Greek banks by 18 bps to 4.12 percent in August
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New poll hurts coalition's recovery hopes as Turkey threat grows
PoliticsGreek Politicsquestioning of the Lausanne Treaty that established Greek sovereignty over several Aegean islands... and Turkey may have on the refugee deal. Greek government sources said that Tsipras did not bring.... The overcrowding on Greek islands continues to be a major headache for the government, especially since
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