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Govt Covid record questioned, as report highlights disparities in hospital death rates
PoliticsGreek Politicsthe original findings, but indicates a worsening of the situation during the Delta and Omicron waves... under fire for ignoring the findings, with Prime Minister Kyriakos Mitsotakis appearing to deny their existence. The updated study not only confirms the initial findings, but indicates that the risk
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBanking, has attracted strong interest. The first two phases were completed in March and binding offers..., with the Greek cost of risk for Q1 coming to 160 bps over net loans. Balance Sheet Eurosystem funding... Assistance (ELA) funding dropped to 2.1 billion in March, falling by another 1 billion euros in mid May
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBanking. Binding offers have been received for Project Cairo (6.8 billion euros) and the sale of a majority... net loans in 9M, management said. Balance Sheet Eurosystem funding was unchanged QoQ at 1.3 billion euros in September 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated
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HRADF's updated plan for 19 privatisation projects published
Economythe submission of binding offers is scheduled for the third quarter (Q3) of 2016. The next steps involve.... For the former, one expression of interest was submitted in mid-April and the submission of binding... been short-listed and the binding bids are also expected until the end of May. HRADF holds a 30
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Chinese State Grid makes highest bid of 320 mln for 24 pct stake in ADMIE
EconomyCorporation submitted the highest binding offer of 320 million euros for the acquisition of a 24 percent stake... to participate in the second phase of the tender process, which included the submission of binding offers. The deadline for the submission of binding bids, which was initially set on October 12, after
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PPC lignite unit bids fall flat in blow to privatisations
EconomyFeatures. PPC received one binding offer for the Melitis unit in Florina from Mytilineos which was reportedly... in a binding offer for either unit after deciding that the structure of the deal and the share... Terna consortium have indicated that they would submit a binding offer based on an alternative version
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Talks to begin on plan to rescue PPC from dire financial straits
Economybe “crazy enough” to buy it. The DG Comp team arrives as the deadline looms for binding offers... in February collapsed. During the initial process, PPC received one binding offer for the Melitis unit... of the two lignite units if no binding offers are received by the renewed deadline. The discussions
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Greek banks’ reliance on Eurosystem fell by 2.36 bln in October
EconomyGreek banks’ Eurosystem funding, the combined liquidity they have received from the European... statement. Monthly movement reflects a drop in ELA funding by 1.0 billion euros at 7.95 billion and in ECB funding by 1.35 billion at 62.47 billion. The outstanding balance stood at 70.43 billion euros
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Greek banks set for early ELA return in apparent precautionary move
Economyrequests for ELA funding at some point in February, particularly because collateral of 21 billion euros would no longer be eligible for ECB funding from March 1. However, it appears that liquidity... bank bonds would not qualify for ECB funding eligibility as of March 1, 2015. This date coincides
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World Bank sets out savings Greece can make from streamlining welfare benefits
EconomyProgrammewelfare review (SWR) in line with the World Bank findings. Other funding sources include permanent...The funding of the guaranteed minimum income (GMI) emerged as one of the most contentious issues... of 350-400 million euros for the GMI funding. Government sources argue it is lower and could be also
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