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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeaturesby the group’s chief executive. The project, which carries a price tag of 8 billion euros
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economywith the yield settling at 0.095 percent. On October 8, Greece’s Public Debt Management Agency
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeatures, accounting for 65 percent of all permits granted. This was followed by Turkey (8 percent), Russia (7 percent
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Deposits drop by 622 mln in Sept after six months of inflows
EconomyMacroeconomypositive inflows of 5.19 billion. This is equivalent to a decrease of approximately 8 percent
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ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politicstaxation, 10 percent identified law and order issues and 8 percent investment. Just 1 percent pointed
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingthat their tangible book value stood at 8 billion euros, which was among the highest level among their Greek peers.
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Brussels gives Athens thumbs-up for reforms and budget
EconomyProgramme-term growth will depend crucially on investments that currently stand nearly 8 percentage points below
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBanking) dropped by 1.1 billion euros and stood at 8 billion. This led the group NPL ratio to stand at 24.4
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Trade deficit drops by 5.4 pct in October as both imports and exports fall
EconomyMacroeconomypercent. Exports to EU countries rose by 8 percent, while those to non-EU countries fell by 6.3
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Mitsotakis pledges more tax cuts in 2020 amid police violence claims
PoliticsGreek PoliticsWednesday night’s vote on the 2020 budget, which saw the economic plan approved by just the 158 New Democracy MPs, was dominated by Prime Minister Kyriakos Mitsotakis announcing further tax cuts for 2020. Mitsotakis said that the ENFIA property tax will be reduced by another 8 percent on average
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