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Credit growth stable at 0.9 pct in Oct, led by lending to corporates
EconomyMacroeconomyby 148 million, following positive by 611 million euros in the previous month, taking the balance
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBankingAlpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717
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Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
EconomyMacroeconomyin Attica (611), in line with the historical trend, and the smallest number of permits were issued
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Greeks' working hours among highest in EU, annual leave below average
Societythe EU, the longest working week, that is the hours that employees usually work as opposed... the fourth longest working week at 41.2 hours. The shortest working week was recorded by workers
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Tear gas instead of vaccines
Agorawho take to the streets en masse every Wednesday, constituting one of the most massive demonstrations... had the longest curfew and the longest school lockdown in the region, as well as other forms
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A year of risk and reward for Greece
AgoraUnion regarding their economic prospects and are highly sceptical about whether there will actually... but the parochialism and short-sightedness of its politicians got in the way. Getting the current review... on politicians This step back towards normality also carries a threat, though. Since 2010, Greece has
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Parties clash over Novartis allegations in sign of things to come
PoliticsGreek Politicsas 10 politicians accepted under-the-table payments from the Swiss pharmaceutical giant. As expected, the atmosphere was highly charged from the start as there was a disagreement between the government... that the government was hoping that opposition MPs would not vote the same way for all 10 politicians
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What will it take to reverse the Greek 'brain drain'?
Societysector paying 3,000 euros gross monthly salary to highly-skilled graduates. While the scheme... are exceptionally highly educated. A LSE study published in 2016 established that 75 percent... postgraduate degrees. The crisis-era emigration of highly educated young professionals continues
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Watchdog's ruling in voter email leak prompts opposition calls for minister to resign
PoliticsGreek Politicson the Interior Ministry in connection to the leaked emails. They were found to have breached data... the time of the national elections. Someone from the Interior Ministry, who has not been identified... for the European Parliament elections next month. Interior Minister Niki Kerameus has stressed
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomybasis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG
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