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The government decisions that could shape the future of Greek banks
Economytold Reuters on February 8 that “he and the banks’ chairman George Zanias plan to step down in the next
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Greek stocks and bond yields recover on hopes of deal with eurozone
EconomyThe Athens Stock Exchange soared 8 percent on Tuesday, more than offsetting the significant losses of 4.8 percent recorded on Monday. The strong rebound was fuelled by the 4-pillar proposal that Greece is expected to present to the Eurogroup for discussion on Wednesday, indicating the first sign
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November sees highest MoM drop in employment as headline figure remains at 25.8 pct
Economymarginally rose to -8 percent from -7.9 percent in October. The absolute figures showed the number
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Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
EconomyMacroeconomystayed stable. In contrast, the highest drop was posted in housing (-8 percent) followed
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Greek retail trade turnover index declined by 3.7 pct in December
EconomyMacroeconomyin oil prices. In addition, department stores (-8 percent), clothing and footwear (-6.1 percent
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBanking) remained flat QoQ at 2.7 percent as the 8 basis points (bps) improvement in the deposit spread was offset
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingpercent QoQ) largely due to a further contraction in the time deposit spread by 8 basis points (bps
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Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target
EconomyMacroeconomyand consumption and non-allocated expenditure were contained at low levels, at 3 – 8 percent
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Tsipras hopes for 'spring' with Russia but brighter days not certain
PoliticsForeign PolicyGreek Prime Minister Alexis Tsipras says he hopes for “spring” in relations between Greece and Russia, which he his due to visit on April 8, rather than the “Siberian winter” that currently exists between Moscow and the European Union. However, there are questions about how well Athens has planned
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammeeuros on April 8 and, including the regular non-competitive bids, it expects it would cover the total
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