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  1. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    percent QoQ to 288 million in Q2 on the back of a 5 percent rebound in core income mitigated... euros on the back of lower Greek deposit cost and pillar II costs. Fee income also rose by 8

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  2. Newsletter 86 - 02/09/2016

    Newsletters

    this week, showed improving trends in core pre-provision income (PPI), largely on the back of lower..., on the back of further net interest (NII) and commission income expansion as well as cost containment

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  3. Government's relationship with Stournaras teeters again

    PoliticsForeign Policy

    The spotlight is back on the government’s fractious relationship with Bank of Greece governor Yannis Stournaras after anti-corruption prosecutors reportedly raided the ex-finance minister’s home... and Stournaras is back in sharp focus. While the central bank governor’s position does not appear

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  4. Out with the old, in with the old
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Perhaps more so than its promises about debt reduction, its ambitious targets for welfare spending and its abstract pledge to restore pride, what swung it for SYRIZA back in January 2015, when... on its current path, soon people will look back on SYRIZA’s greatest failure as being not its naivety

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  5. Athens chided over asylum process but complex set of obstacles in way
    Photo by MacroPolis

    PoliticsGreek Politics

    to drag out their asylum applications as long as possible in the hope that they will not be sent back... than 600 people have been sent back since the EU-Turkey agreement was signed. It was not clear

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  6. How Greece's political system failed to safeguard the largest investment in the country's history

    Agora

    Minister Antonis Samaras and his government started rolling back reforms following defeats in local... the first five months of SYRIZA administration, bank shares fell further by 31.5 percent on the back

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  7. Countering a regressive and illiberal Europe
    Photo by MacroPolis

    Agora

    , and ever-growing interdependence, would make it extremely costly to abandon or radically scale back...’ be enough? To answer this question, one needs to take a step back and pose a more fundamental question

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  8. Newsletter 93 - 21/10/2016

    Newsletters

    , on the back of the end of the peak tourism season. It is worth noting that net hirings stood at 245,605... politician holds up the fact that other European countries welcomed his country back into the fold

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  9. Lavrov visit yields little for Athens, which denies Iranian bank veto
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Yiannis Dragasakis and asked Athens to back Iran's plan to overcome difficulties of bank transactions... evidence to back up its claim that the Iranian bank was carrying out illicit activities. The Greek

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  10. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    on the back of arrears clearance. The EC retained unchanged its previous forecast for a mild recession... in 2018, largely on the back of economic recovery, still subdued wage dynamics and impact from

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