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Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun
EconomyMacroeconomyeuros in May, with strong inflows over the last few months. The outstanding balance was 126.05
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomyThe Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2026, which sees a stable growth trajectory and a strong budget performance led by tax revenues, notably indirect taxes. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct
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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Thursday the final budget for 2026, which sees growth slightly accelerating, a strong fiscal performance and a downward trajectory for the debt-to-GDP ratio. Next year’s growth is seen at 2.4 percent, from 2.2 percent this year, with private consumption
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Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact
PoliticsForeign PolicyGerapetritis and Aguila Saleh, president of Libya’s Benghazi-based House of Representatives. The meeting formed part of Athens’ regular contacts with representatives of Libya’s de facto government... of Exclusive Economic Zones among Greece, Turkey, Libya, Egypt and Cyprus. During the meeting, Gerapetritis
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Of symmetry and adjustments in the eurozone
Agoraand at the Jakarta School of Public Policy, Indonesia, where he is also head of the Economics Concentration. He
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Why is Europe worrying about SYRIZA?
Agoraand at the Jakarta School of Public Policy, Indonesia, where he is also head of the Economics
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If you think it's bleak for Greece now, wait until tomorrow
Agoraproductivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economyin 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned
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Piraeus and Alpha forge ahead with share capital raises and securitisations
EconomyBankingwith Intrum AB and Serengeti Asset Management for the sale of the Sunrise I portfolio of NPEs worth 7.2
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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingPiraeus Bank announced on Monday that it entered into definitive agreement with Intrum and Serengeti Asset Management for the sale of 49 pct of the mezzanine and 2 pct of the junior notes of the Sunrise II securitisation. The portfolio consists of roughly 47,000 retail and corporate loans
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