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Athens gearing up for new bond issue amid favourable market conditions
EconomyProgrammeconditions for Greece on the international markets, where yields for long-term Greek debt have been falling...Greek authorities appear to be working in parallel on the two goals Athens has set following the completion of the second post-programme review: To issue another sovereign bond and to pay off some
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Athens closes border, looks for EU support to ride out migration storm
PoliticsGreek PoliticsThe Greek government is hoping that it will be able to rely on European support in the coming days after tense weekend on the country’s border with Turkey and on the Aegean islands. Greek authorities... there in the hope of crossing over trapped between Greek and Turkish territory. Greek police also used tear gas
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Newsletter 260 -31/07/2020
stand-off over the past few days. Ankara’s moratorium on the hydrocarbon exploration is to last... in the Aegean, with Greek military sources suggesting a few days ago that if the survey ship’s cables came into contact with the Greek continental shelf, dramatic developments could follow. The Greek armed
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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingof trading and other income, which included a one-off gain of 150 million euros related to the sale... increased by 8 percent QoQ to 235 million, with the cost of risk rising to 267 bps from 246 bps in Q4 mostly due to the annual revaluation of Greek residential real estate values for 2016 price
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The IMF crisis and how to solve it
AgoraThe IMF is approaching its 70th birthday and the Greek programme has been a candidate for one... astonishing forecasting errors. The Fund revised down its projections for the level of 2014 Greek GDP a mind... definitions of debt sustainability (120% of GDP by 2020), the Greek programme was unsustainable between
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Athens stands with EU on Ukraine, waits for West's reaction to Russia
PoliticsForeign Policyarrival in Paris on Tuesday, Dendias also said that “we have fundamental and clear priorities. Firstly... there will be for the energy crisis. There is also concern about protection of citizens of Greek origin... are already co-operating for the completion of the IGB pipeline which, according to the Greek premier
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The demand for Greek debt relief: Is the cart being put before the horse?
Agorathe short-term obligations that any Greek government must address after the 25 January general... that needs to be worked through in any follow-up programme that the Greek authorities are set to negotiate... … for achieving a further credible and sustainable reduction of Greek debt-to-GDP ratio”. Two
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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek PoliticsSYRIZA appears to believe that the wave of inflation being felt by Greek consumers since late last... the pomp and circumstance that New Democracy attached to the arrival in Greece on Wednesday...-to-day problems faced by Greeks. The fighters flew over Athens following their arrival. The opposition
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Some movement on Greece's name dispute but solution still long way off
PoliticsGreek Politicsto be resolves so that FYROM can proceed towards EU and NATO membership. Greek diplomatic sources... be held in Skopje. According to Greek diplomatic sources, these consultations will focus on issues... is causing most concern in Athens at the moment is the political crisis in FYROM. FYROM friends The Greek
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Newsletter 326 - 28/01/2022
a permanent fixture of the Greek state’s fiscal arsenal. Mitsotakis was not tested by the censure motion.... Mitsotakis linked his announcement of the latest reduction to the pressure Greek households have... caused a commotion in Greek politics because it raises doubts about whether ND will be able to gain
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