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Health service in spotlight as govt scrabbles for more measures to contain Covid
PoliticsGreek Politicsthan in the past. Koufodinas stand-off The opposition party, though, remains susceptible to the kind of ideological hang-ups that turned off many voters during the last few years. The latest case came... in reference to the continuing stand-off between the government and Dimitris Koufodinas
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Govt prepares new round of economic relief as Covid remains a threat
PoliticsGreek Politicspersistence has thrown off New Democracy’s initial planning for 2021. The government had hoped that the retail sector would open from today, but that decision was put off on Friday due to the high number... quarter could reach 65 pct of 2019, the same sources added. The sector has essentially written off
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Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
EconomyBankingvalue. NBG signed off last year with the completion of Frontier of a 6 billion euros book value, which... shift more than 5 billion euros off their balance sheets in the coming months, with the Hercules II... of the securitisations with the aim of helping banks shedding up to 30 billion euros off their books.
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Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
EconomyBankingand the NPE clean-up in the form of loan securitisations and sales. Excluding one-off items, the pre...) in 2021 was 1.59 billion euros, nearly doubling from the 809 million euros of 2020. Excluding one-off.... Impairment charges came to 4.3 billion euros, compared with 1.32 billion euros in 2020. One-off items
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Speculation about snap polls after summer revived by PM's US trip
PoliticsGreek Politicsan argument that Mitsotakis is better off holding elections before the 2023 budget has to be tabled... significantly improved his ratings and shown that his government’s foreign policy is paying off. Although his... would be better off waiting until next year, when Greece is expected to regain the investment grade
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Newsletter 343 - 24/06/2022
waits until the end of his four-year term to hold elections, he will not be able to hold off the wear... expectations, and not fully signing off the latest round of debt relief measures adopted... to kick off from next year onwards. The IMF also welcomes improvements that took place during
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Government attempts to offer reassurance against winter energy shortages
PoliticsGreek Politicsthemselves on heightened alert for the prospect of Russia completely shutting off gas supplies. Skrekas... regulator RAE outlines the contingencies in a scenario where supplies of Russian gas are cut off entirely... of heating and cooling within a regulated temperature range, turning off heating and cooling outside office
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Opposition parties step up pressure after back-and-forth over election date
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis may have taken the possibility of snap elections off the table... scepticism was misguided and that even SYRIZA’s own secret polling was substantially off the mark... compared to 2019, this will indicate that the Greek electorate has gone off Mitsotakis
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PM announces more voter-friendly measures ahead of polls
PoliticsGreek Politics, northern Greece, on Tuesday, Mitsotakis confirmed that there will be a one-off handout... with the 72- and 120-instalment schemes to pay off their dues to the state will be allowed to rejoin the programme. Mitsotakis said that this would apply to debtors who were pushed off track
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Does the EU Commission suffer from optimism bias? (Part 2)
Agora. Their academic papers on this topic have created a theory of where we often go off the rails in our.... Nearly always, this results in problems of programs going “off track.” The institutional vaccine... years in the early 2000s, coming off the dot-com collapse. Then, the 2009 baseline was lifted up
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