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Alpha Bank acquires Citigroup's retail banking unit in Greece
EconomyBankingthe HFSF cost per share was 0.44 euros, during the bank’s recapitalisation last year, the HFSF capital gains stand at just 8 million. It is reminded that during the first exercise period in December
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European Commission paper highlights challenges for Greek exports
Economysince then, the increasing export-to-GDP ratio actually masks the effect of falling GDP during... closed economy”. During the sovereign debt crisis, Greece’s exports were hit the most by the global
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Coalition adopts court ruling that restores judges' pay, others poised to follow
PoliticsGreek Politicsof 99.8 million euros, which corresponds to the wages they lost during the intervening period... the coalition having to come up with as much as 650 million euros. If this amount is to be paid out during 2014
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To Potami takes next step in mission to become key political player in Greece
PoliticsGreek Politicsis that the centre in Greek politics has largely collapsed during the course of the Greek crisis... on a joint ticket and drew just 1.6 percent. The two parties combined forces again during this year’s
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Drop ‘til you shop
Agoraat the moment. For them, the 55.5 hours most stores are open during the other days of the week suffice. There is a reason, after all, that the retail sector has plummeted during the crisis, only
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UnLuCky for some: Another painful lesson from the euro crisis
Agoraheard regularly that countries built imbalances during the first decade of the euro and they now..., just as in any emerging markets crisis in the past, the oversights during the years of bliss came
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BoG charts how crisis has affected private sector employment
EconomyIn its latest economic bulletin, the Bank of Greece (BoG) included a study that sets out how private sector employment has been affected during the crisis. The first finding is related... a dramatic change during the crisis years. In the 4-year period prior to June 2008, this νumber rose
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How many NPLs in the Greek banking sector are also non-recoverable loans ?
Agorain Greece during first six months of 2014 NPLs NBG Piraeus Bank Alpha Bank Eurobank Q1-2014 28.40% 38.30... percent during the first six months of 2014. The NPL challenge on Greek banks’ balance sheets requires
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Friction over property tax exposes cracks in Greek coalition's strategy
PoliticsGreek Politicseight of its MPs. During the summer sessions, parties are allowed to replace their lawmakers with those... after swearing at a Finance Ministry official during a row over ENFIA. New Democracy’s parliamentary
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PASOK's growing internal strife hampering Greek coalition
PoliticsGreek Politicsclashed with Venizelos during a meeting with several other high-ranking party figures on Friday... reform during and after his meeting with Prime Minister Antonis Samaras on Monday. Reports said
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