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Greek stocks edge up in week of big losses for banks
EconomyThe domestic market rebounded by 1 percent this week but the key development was the huge losses posted by the banking sector. Despite the announcement of the successful completion of the bookbuilding process for the international institutional offering for three of the four lenders, bank shares
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New Democracy bewildered by ballot failure as Tsipras solicits consensus
PoliticsGreek PoliticsNew Democracy’s electoral committee is due to meet at 1 p.m. on Monday to decide what action to take next after the party failed to hold its leadership election on Sunday due to software problems. The two options that seem to be open to the conservatives are to quickly find a new way to hold
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Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomyby 1 billion from last year’s figure.
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomypercent and 1 percent in 2017. These forecasts were based on the institutions’ summer projections
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Banks reveal new capital structures, ex-bondholders sell shareholdings
Economypercent closing at 0.99 euros slightly below the offer price of 1 euro.
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set of milestones so it can receive the next sub-tranche of 1 billion euros, an EU official told Kathimerini on Thursday. The most difficult issues included in this list relate to the settlement of non
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BoG report highlights need for programme implementation, political consensus
Economyinvolve: 1) Addressing the issue of NPLs that would ease the burden on cooperative borrowers and enable
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Greece seeks EU help on refugees after Schengen threat but big challenges remain
PoliticsForeign Policythree actions to satisfy EU demands: 1) It activated the European Union Civil Protection Mechanism
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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeThe privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion. According to the third memorandum of understanding (MoU) signed with eurozone partners in mid-August, the Greek
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Greek teachers low paid, but work shorter hours in smaller classes
Society’s primary teachers are aged 50 and over while less than 1 percent are under 30. Only Italy had
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