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  1. Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
    Photo by MacroPolis

    PoliticsGreek Politics

    few days. Centre-left Movement for Change (KINAL) gained 7.1 percent (2 MEPs), the Communist Party (KKE) 5.7 percent (2 MEPs) and Golden Dawn 4.8 percent (2 MEPs). Beyond the considerable winning... a clear majority. The conservatives would probably need upwards of around 36 percent to govern

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  2. Overall loan interest at 4.05 pct in April, hitting new series low
    Photo by MacroPolis

    EconomyMacroeconomy

    weighted average interest rate on all existing loans dropped by 2 bps to 3.88 percent. The spread between existing loan and deposit rates fell by 2 bps month-on-month to 3.73 percentage points... percent, while the corresponding rate on loans to sole proprietors rose by 2 bps to 6.84 percent

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  3. General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ), extrabudgetary funds (-36 million) and state budget (-11 million). At 30.7 percent of the total, hospital... euros. The movement largely stemmed from a rise of 2 billion euros in repos which came to 32.06 billion... euros was seen in T-bills, making up 3.6 percent of the total. Bonds showed a rise of 2 million

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  4. Newsletter 279 - 05/03/2021

    Newsletters

    will be reduced to 36 percent from 47 percent, while the NPE coverage ratio will increase to 47 percent... is focussing on the liability side of its balance sheet, with a 500 million-euro issue of subordinated Tier 2... points. The Tier 2 bond issue will bolster the bank’s capital adequacy by about 125 basis points

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  5. Government tries to contain fallout from breach of voters' data

    PoliticsGreek Politics

    given the ongoing investigation into a potential data breach at the Interior Ministry. The MEP... Data Protection Authority, the Interior Ministry and a public prosecutor. It was also announced on Friday that Interior Ministry general secretary Michalis Stavrianoudakis and New Democracy’s secretary

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  6. Investigations into voter email leak continue despite denials from government

    PoliticsGreek Politics

    of separate investigations by the Interior Ministry, a Greek prosecutor and the country’s Data...-Michelle Asimakopoulou from the upcoming EP elections and the resignation of a senior Interior... that the email list was leaked from the Interior Ministry during the tenure of the caretaker

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  7. Newsletter 9 - 30/12/2014

    Newsletters

    that SYRIZA will be able to implement a different type of economic policy. The opposition party... of 5 percent to 2 percent for 10 years. This looks more like a debt reprofiling, with lower... percent, respectively, over the next five years. 2 Voting for brinkmanship The real economy needs

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  8. In effort to reach new deal, Greek government cannot ignore liquidity constraints
    Photo by MacroPolis

    EconomyProgramme

    with this type of collaterals stood at 21 billion euros at the end of September, according the lenders...). Local media had indicated that the state’s remaining cash reserves do not exceed 2 billion euros, while an additional 2 billion could be raised by utilizing the reserves of the general government

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  9. Newsletter 23 - 17/04/2015

    Newsletters

    markedly in the first quarter of this year. Local media claimed that around 2 billion euros of new... of 1.62 billion euros. 2 Compromise now, reckon later? The economy is locked in an ever-asphyxiating... funding. The problem is that Greece and its lenders seem far apart on the type of measures

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  10. Greece’s embattled commercial steel market industry braced for more challenges
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    and 1.3 percent of the EU’s GDP in 2015. [2] Over the years, European steel production has seen its... its case and the ENXE agreed to amend the methods and type of information its members share[9.../content/8dfede9c-5a56-11e6-9f70-badea1b336d4 [2] http://ec.europa.eu/greece/news/2016/20160316_xalyvourgia_el.htm [3] http

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