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National Bank posts 9-month profits of 1.18 bln
EconomyBankingexpenses (down 14 percent), while general administrative expenses recorded a high single digit decline (down 9 percent). The regional breakdown showed expenses in Greece dropped by 14 percent, largely
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Developments in Greece produce volatile market reaction
Economysession the gains recorded in the preceding four days, ending the week down 0.6 percent. However... the stock exchange has fallen 21.7 percent. The bank index is down 32.9 percent, mostly reflecting
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Target revisions leave 880 mln budget shortfall in Oct despite 2.6 bln primary surplus
Economythe 10-month figure down 1.2 percent to 40.38 billion, 579 million short of the revised target... following the significant drop of 24.7 percent in October. This was mainly due to income tax (down 27.3
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Newsletter 6 - 5/12/2014
. New export orders were down for the first time in the last seven months. New orders in manufacturing... on the writing down of 25 billion or more? Assuming there are early elections in March, SYRIZA
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomy, 673 million better than target. The overperformance is down to lower expenditure (by 1.35 billion... expenditure fell at an accelerating pace by 6.5 percent in November with the 11-month figure down
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The possible scenarios for avoiding snap elections in Greece
PoliticsGreek Politics, it would require a major climbdown from Samaras, which also seems unlikely. Dimas could stand down... brought down Mitsotakis’s New Democracy government in 1992 by leaving to form his own party and many
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A little more persuasion, a little less reaction
Agoraof intervention is detrimental to Greece. Perhaps upset that SYRIZA’s MEPs in Brussels proposed that he stand down... of vision beyond the confines of the programme handed down by the troika, while SYRIZA can dodge
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Heading for slim election win, SYRIZA tries to secure MPs' loyalty
PoliticsGreek Politicsto either back down from its positions and compromise or seek an all-out confrontation... of its MPs to step down if there is a majority decision by the party’s central committee or congress
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Bookies see comfortable win for SYRIZA, close contest for third place
PoliticsGreek Politicscome further down from the 1.10 – 1.18 in early January to 1.03 – 1.04. The betting firms suggest... points, according to the odds offered for this specific betting event. Moving down, Golden Dawn
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Greek coalition sets out plans for public sector, wages and pensions
PoliticsGreek Politicswith a confidence vote on Monday. The government appears to have watered down some of its pre-election pledges... public broadcaster ERT, which was shut down by ex-Prime Minister Antonis Samaras in June 2013. Minimum
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