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SYRIZA fractures further after direction shift as ND grapples with post-election scenarios
PoliticsGreek Politicscommitted to running separately from ELAS rather than toward any merger or joint platform. Talk of mass resignations suggests that moderate elements have decided to exit rather than contest the new..., parliamentary speaker and New Democracy veteran Nikitas Kaklamanis suggested for the first time in a TV
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Are hirings in the public sector out of control?
EconomyFeaturesis lifted is more than topical, as discussions start to focus on shaping the country’s post-MoU... since the beginning of the crisis, perhaps more than most people realise. The core public sector ended... historically been looser than those applied to the staffing of permanent roles. Up until 2009, applicants
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Newsletter 55 - 12/12/2015
2016, which he set at around 3 billion, a higher figure than the 2016 budget target of 2 billion..., the European Commission’s representative in the quadriga of lenders monitoring the Greek programme... put it. It is true that on some issues, the fund is a harder taskmaster than the European lenders
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Government in race against time to resolve bailout issues
EconomyProgrammethat the new eligibility criteria would protect around 55 percent of indebted households from more than..., increasing by 3,350 euros for each child. The quadriga criteria would protect around 17 percent... of 2017. The quadriga mission chiefs arrived in Athens on Tuesday evening and are expected to start
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Newsletter 52 - 20/11/2015
by the quadriga. The third memorandum of understanding signed in mid-August called for pension savings of 0.25... be financed. Following a meeting with the quadriga mission chiefs on Thursday evening, Labour Minister George... percent in September, which was a slightly milder drop than the 18.1 percent drop in August. Over
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Newsletter 34 - 10/07/2015
in the same period last year. This translates into a net drop in retail sales by 305 million over... reflecting domestic consumption rather than increased tourism activity. Triggered by a panic to hoard medicines rather than cover their actual needs, citizens also rushed to pharmacies, where child
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeprojections, largely due to lower growth and deflators, while unemployment was much higher than originally... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent... the sustainability assessment around the gross financing needs (GFN) metric rather than a specific debt
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankinginflow of 430 million, which is lower than the respective figure of 560 million recorded in the two-year... banknotes, the monthly repatriation of funds worth 470 million over the last 17 months was more than... in the July 2015 – November 2016 period stood at 180 million, which is substantially higher than
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingfor the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1...-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected
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Stocks rise for first time in three weeks, gaining 1.1 pct
Economy. Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core pre-provision income rebounded by 1.2 percent to 305 million. Marfin Investment Group (MIG) showed... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits
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