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BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBanking(DTC). BoG notes that throughout 2019 economic sentiment has been improving and that this has... months, albeit still three notches below investment grade. The liquidity of the banking system has... in the stock of non-performing exposures (NPE), which has a knock-on effect on the profitability
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicsa vis Erdogan. This represents perhaps the biggest challenge the centre-right leader has faced during... for the government as Parliament approved its second tax bill. New Democracy has been emphasising... to 830 euros on average. New Democracy has repeatedly accused SYRIZA of overtaxing the Greek middle
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Spree of media deals puts spotlight back on ownership issues
Societyproperty of defunct MEGA channel, which has been off air for a year. Marinakis, who already owns the DOL newspaper group, has been on a media buying spree since 2017. The DOL group includes two of Greece... favourable treatment for an (unnamed) aspiring media baron. Further consolidation has been taking place
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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyconfirmed that it has sent the agreement to the United Nations for approval. Diplomatic sources in Athens... and NATO. At this point, Greece’s main aim to “internationalise” the issue has been achieved... as well as condemnation of Turkey, no major player is specifically has called the Turkey-Libya memorandum
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Mitsotakis pledges more tax cuts in 2020 amid police violence claims
PoliticsGreek Politics. There are two more rates of 9 and 10 pct for higher earners. New Democracy has targeted property and income... and to double down on the message that it has been consistently trying to get out to voters since... taxes and less bureaucracy will make Greece a more business-friendly destination. The government has
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Mitsotakis sets aside talk of next Greek president to meet Trump at White House
PoliticsGreek Politicsthat has been strongly backed by Washington. The EastMed agreement will be one of the key items... Turkish incursions in Nicosia’s exclusive economic zone (EEZ). Athens feels that Washington has... of the funds it has borrowed from the Washington-based organisation and the request from Athens for its
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Athens steps up diplomatic efforts amid ongoing friction with Ankara
PoliticsForeign Policyof friction between Greece and Turkey. Over the last few days, the Greek government has been trying to ease... be needed. Over the last couple of weeks, the Greek government has clarified its "red lines" in regard to Ankara's actions in Libya and the Eastern Mediterranean. It has also focussed its efforts
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Economic sentiment at 113.2 in Feb, strong improvement in services and retail
EconomyMacroeconomy(EEI). This indicator has been designed to complement the growth-related focus of the ESI... compared to 112.5 in January. Compared to February last year, the EEI has improved by 3.6 points. Compared to February 2019, the ESI has increased by 10.3 points, and also beats the month's EU average
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Greece puts crisis management strategy in place as it braces for virus
PoliticsGreek PoliticsThe government has decided to activate a crisis management centre to oversee the effort to combat the coronavirus as a new opinion poll indicates that the relatively early action it has taken to aid social distancing has strong approval among voters. Reports on Friday suggest that the Civil
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Personal responsibility and public healthcare: Greece on a wing and a prayer
Agorapossibly the greatest public health crisis the world has faced in a century. Furthermore, an opinion poll... to this story, though, which has to do with the considerable waste and corruption in the health sector..., which are seriously lacking in the Greek system. Staffing was also an issue - while Greece has
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