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A fierce political clash over medicine prices in Greece
PoliticsGreek Politicsas off patent, and which are cheaper than branded ones. The new legislation goes a step further by taking... to this if it is cheaper than the off patent medicine. Health Minister Adonis Georgiadis claims
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Greece in danger of repeating familiar mistakes with Golden Dawn
AgoraDawn could be scrubbed off the Greek political map overnight. The reasons for the party’s rise..., wean them off Golden Dawn’s poisonous populism. Can anyone do it? So far, the answer has been
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Troika returning to Greece but key decisions still months away
PoliticsGreek Politicscomments at Monday’s Eurogroup that any discussion about more loans for Greece has now been put off until... also been put off until the summer. “The debt has to be reduced. The question is who does it and how
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Return to bond markets to buoy coalition, may leave SYRIZA floundering
PoliticsGreek Politicsas the debt reduction talks have been put off until after the European elections even though the primary... ahead of the European elections on May 25, when New Democracy will be hoping to hold off SYRIZA's
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Local elections in Greece a precursor of European vote
PoliticsGreek Politics. If not, then the two leading candidates go into a run-off vote the following Sunday. The second... has been organised by local officials and opponents of the sell-off, a significant rejection
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Greek coalition overcomes concerns about "small PPC"
PoliticsGreek PoliticsCorporation (PPC) in the form of a smaller spin-off. Adopting the so-called “small PPC law” is one... that it would renationalise the part of the power company that is due to be sold off. It is certain, though
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Return of coastal bill may give SYRIZA new chance to build support
PoliticsGreek Politics. This is in contrast to the PPC stand-off, where SYRIZA stood side-by-side with the electricity workers’ union (GENOP... bill is connected to the Hellenic Republic Asset Development Fund’s (HRADF) efforts to sell off
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingon August 28. This year’s results include one-off items of 1.04 billion euros largely due... that the remaining off-balance sheet DTA stands at 1.2 billion euros, implying there is further room
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingPiraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1. This quarter’s profitability benefitted from two one-off items: The first relates to the recognition... one-off items), pre-provision income rose 17 percent quarter on quarter (QoQ) to 294.9 million, while
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How many NPLs in the Greek banking sector are also non-recoverable loans ?
Agoradown, or even worse, having to write off Greek banks’ investments in their troubled loan portfolio is a high-risk strategy. Any write-off would severely impact on domestic lenders’ quarterly profit
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