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  1. Tourism sector struggles as it prepares for full reopening in July
    Photo by MacroPolis

    PoliticsGreek Politics

    Greek resort areas prepare to welcome the first tourists of the season, with regional airports due... capacity in region of 20 percent and almost no new bookings. Banks are preparing to head off a new wave... - together account for 20 percent of Greek tourism revenues. The exclusions could hit specific

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  2. 2014 is not 2012
    Photo by MacroPolis

    Agora

    Since the eurozone crisis kicked off towards the end of 2009 in Greece there has been no other...’ senior bondholders. In May 2011, he sent out a similar letter to Greek Prime Minister George Papandreou, advising that a strategy of debt restructuring would mean that Greek banks will not be able to use

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  3. Effort to end notaries' strike amid concern for auctions, NPLs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The Greek government is searching for a way to overcome the concerns raised by notaries regarding... speculation mounts about Greek lenders needing further recapitalisation. This was reflected in banks’ share... to their associations calling off their boycott. Their key demands relate around the protection

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  4. Newsletter 143

    Newsletters

    deadline The Greek government achieved the goal of securing a staff-level agreement (SLA... is for everything to be completed before the January 22 Eurogroup. The attempt to settle the prior actions got off... representing notaries in Athens and Piraeus decided to call off the transactions because of the high

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  5. Lenders highlight risks of 'short-term popular' measures unveiled by government
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    EconomyProgramme

    measures announced by the Greek government this week, including a reduction to VAT rates and a bonus... expressed concerns about the schemes unveiled on Sunday for taxpayers to be able to pay off their debts... sector employment reforms which if realized could cost as much as 9 billion euros on a one-off

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  6. Newsletter 49 - 30/10/2015

    Newsletters

    . If no candidate gets more than half the votes, then a run-off between the leading two hopefuls will be held... and they start to blame the re-elected prime minister for their misfortune? The average Greek has suffered..., where the figure went up by 8.13 percent. Greek household disposable income is now 72.5 percent

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  7. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    income (PPI) fell by 55.1 percent quarter-on-quarter (QoQ) to 65 million. When excluding one-off... fall year-on-year (YoY). Asset quality Pre-write off non-performing exposure (NPE) formation fell... actions which aim to reduce admin costs. Recurring operating expenses for Greek operations amounted

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  8. Multi-bill passed, sub-tranche released but debt relief expectations dwindling
    Photo by MacroPolis

    EconomyProgramme

    by the Greek government. All the attention of Greece and its lenders is shifting towards the debt relief discussion after Greek Parliament approved on Thursday the multi-bill related to the prior actions... has committed to paying off all its debts to suppliers and making all tax refunds by the end

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  9. Newsletter 434 - 27/09/2024

    Newsletters

    , demanding stronger measures to protect the properties of vulnerable borrowers from being auctioned off... place with 13.5 pct. Greek Solution appears in third position with 10 pct, while SYRIZA is tied... Greek Solution is one of the key trends to emerge over the summer. Together with religious

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  10. Newsletter 494 - 13/02/2026

    Newsletters

    project stretching to 2030, the bicentennial of the modern Greek state. In his weekly social media... threat of legal action against a journalist questioning the coastguard’s role in a fatal shipwreck off... results showed that most of the 15 Afghan migrants who were killed off Chios died of head injuries

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