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PM seeks fine balance as he prepares to unveil latest set of fiscal measures
PoliticsGreek Politicsfrom a longer answer he gave to a question about the fate of SMEs, which dominate the economic... businesses. New Democracy has insisted that it will not go down the same route as previous... of Covid-19 has overshadowed this process and many Greek businesses that are suffering are calling
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Business leaders set out steps to attract skilled Greeks as govt offers wage subsidies
SocietyThe Hellenic Federation of Enterprises (SEV) has released a report on what steps need to be taken... that the migration of these workers has led to shortfalls in skills and modern resources needed by the country... resources management systems including performance appraisal, pay-related performance, training etc
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Net profit of 87 mln for NBG in Q1
EconomyBankingreflects a deterioration in the corporate sector, where the NPL formation reached 260 million
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NOME auctions as a mechanism to strengthen competition in the Greek electricity market
Legal, that of 200 and 260 Mw/h respectively. This division caused several reactions in the supply industry
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New overdue tax obligations reach 727 mln in June, total at 95.6 bln
EconomyMacroeconomyof 260 million per month, which is higher than the monthly average of 206 million in 2016. In addition
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Greek banks eye positive market appetite for bad loan sales
EconomyBankingquarter versus the current rate for 2019 of 260 million euros. Cash collections, curings, liquidations
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Credit contraction unchanged at 0.6 pct in Jan, balance at 153.43 bln
EconomyMacroeconomyeuros compared to inflows of 260 million euros in December. The corporate lending balance's net
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Start of 2022 sees back-to-back negative deposit flows for first time in three years
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in February remained negative, though much contained at 260 million euros, from negative flow of 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Monday. The negative movements during the first two
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Deposits drop for third straight month as corporates lead fall of 988 mln
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in March stayed negative and picked up pace to 988 million euros, from 260 million in February, and 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Friday. The negative movements during the first
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NBG NII jumps 73 pct in Q1 to 497 mln
EconomyBankingNational Bank of Greece (NBG) reported a profit after tax of 260 million euros in Q1 2023, compared to a profit of 360 million euros in 2022, a drop of 28 percent. Last year included one-off gains of 152 million euros, with core profit after tax in Q1 at 228 million euros, up 88 million euros in Q1
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