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Mitsotakis targets rivals as Androulakis tries to shrug off doubters
PoliticsGreek Politicsentrenched habits of the past. Delicate balance On the flipside, New Democracy is also engaged... than enter into presumptive alliances. Victory, he argues, will come only when “every citizen hears... after the next election, in the “second parliament”, where the political balance will be different
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesof public protests against austerity. Often the public rhetoric obscures rather than conveys...’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... more than twice the size of the entire public procurement bill. However successive governments have
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Understanding the German approach towards Greece
Agoraat face value. The risk of direct financial contagion is considerably lower than two years ago, when...’ balance sheet strengthened (albeit arguably not enough), the direct contagion is likely to be limited..., Greece might also grow stronger than its peers in southern Europe over the medium term. The reason
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About to soar? Greece's economy still needs to be handled with care
Agoraproven to be one of the most reliable measurements of sentiment, posted another inflow of more than... in activity is reflected on the hiring balance recorded in the Labour Ministry's Ergani database. A hiring... of NPEs are non-performing for more than a year, whereas over half of them are non-performing
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomythat the outstanding balance of corporate loans fell by more than 3 billion month on month (MoM) below... since then, while balances dropped by more than 19 percent. The biggest decline over this period... to 1.2 percent in May from 0.6 percent in April with balances broadly stable MoM at 13.58 billion
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Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln
EconomyMacroeconomyfigures, total NPLs amounted to 77 billion euros, of which more than half stem from the corporate... in May from 3.7 percent in April, with balances easing to 214.35 billion euros, according to the Bank...-profit institutions slipped 3 percent in April with balances landing marginally below
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingbetter than the consensus. The financial performance this year showed net loss was trimmed to 57.4.... The slight improvement mainly reflects higher deposit NII and lower funding cost, which more than offset... the conference call, the management noted that the static balance sheet of 2013 will be used
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Greek primary budget surplus rises to 2.53 bln at end of September
Economyreflects lower expenditure (1.96 billion euros better than target), which more than offset lower Public Investment Budget (PIB) balance (258 million short of target). In addition, stronger revenues..., 1.24 billion better than target. Cost containment mainly reflects a double-digit drop in grants
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomythe current account balance was in surplus for the fourth successive month. The year on year (YoY... deficit (by 13 million). This more than offset a worsening of the services surplus (by 502 million... improvement is fully attributed to the goods deficit shrinking by 3.66 billion euros, which more than
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Newsletter 487 - 05/12/2025
wholesale renewal rather than piecemeal reform. This language was carefully chosen. It positioned... that stretches beyond SYRIZA’s recent decline. The book itself was presented as more than memoir. Tsipras... as personal ambition rather than collective strategy. Despite the criticism, Tsipras succeeded in re
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