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Migration back on main political agenda
PoliticsGreek Politicsin order to carry on as PM. However, the migration issue also feeds into the broader and ever more tense... war in which Ankara wants to portray Greece as a rogue actor, as it does in the arguments it makes... after it became trapped in a war of words with the government over the summer regarding a group
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China-EU: Navigating an increasingly complex relationship
Agorato the war in Ukraine, is it realistic to expect that Beijing will exert its sway over Putin and talk him...’s de-risking policy, as the Chinese leadership desperately wants to avoid a full-blown trade war... relationship in an increasingly complex world order. * Plamen Tonchev is the Head of Asia Unit
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U.S. and China are still in reconnaissance mode, but for how long?
Agorastatus and tend to see decoupling as the ultimate objective of the coming trade war. This certainly... with Beijing, he is likely to exert geopolitical and military pressure on China in order to win... war on China the following year. A replay of the same scenario can all but be ruled out. Trade
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Government unites in rejecting Hormuz deployment as PM advocates fiscal escape clause
PoliticsGreek Politicsin the Iran war. Gerapetritis condemned attacks on Greek merchant ships and called on Europe to rise... to give member-states the flexibility to combat price rises resulting from the Iran war. Measures have.... In order to get around the fiscal constraints, the prime minister framed his proposal
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Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB
EconomyBankingprovisions recorded in Q3. The non-performing loan (NPL) ratio reached 36.5 percent in Q3 with the NPL formation increasing to 520 million in Q3 from 485 million in Q2. At the same time, NPL coverage rose... in Q1. The NPL ratio edged up to 34.3 percent in Q2 from 34 percent in Q1, while the NPL formation
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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Complex privatisation fund faces tall order to reduce Greek debt
EconomyOn top of the fiscal measures yielding 3 percent of GDP by 2018, one of the key prior actions for the conclusion of Greece’s first programme involves the establishment of a new privatisation fund. This was envisaged in the Eurozone Summit statement of l...
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Officials order wider use of masks as upward trend for Covid-19 cases continues
PoliticsGreek PoliticsThe use of face masks for debates in Parliament became compulsory on Wednesday as Greek authorities try to re-instill a sense of caution in the public after seeing the number of coronavirus cases rise significantly this week. The decision to make MPs an...
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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingloan (NPL) formation remained negative for the fourth straight quarter with the Q4 figure increasing to -450 million from -335 million in Q3. In the Greek market, NPL formation stood at -492 million..., the NPL stock declined further by more than 1 billion QoQ to 24.38 billion in Q4 from 25.35
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Greece's ultimate sacrifice for stability
Agoraof double agent, giving Golden Dawn MPs harmless morsels in order to glean information from them. One has... Order Minister Nikos Dendias’s drawer before they were sent to prosecutors and why this happened only after the extremist party caused trouble on Samaras’s home patch, at the Second World War memorial
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