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Election Watch: What are Greeks voting for?
Agorato a dusting off of the Lagarde list of Greeks with deposits in Switzerland and plans to put... itself as being above it all; a fresh voice in the haggard arena of Greek politics. However, at a time... Unity. They have picked up where SYRIZA left off, continuing to promise an alternative path
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Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August
EconomyMacroeconomy) figures displayed on Monday. However, last year’s figure incorporated one-off revenues of 1.31... of 311 million. This year’s figure includes one-off income of 556 million from the Hellenic Financial Stability Fund (HFSF), which is related to fees Greek banks paid to the HFSF in 2012 that were
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Primary cash surplus widens by 1.8 bln to 4.84 bln by end of Oct
EconomyMacroeconomy. Last year’s figure includes one-off revenues of 1.31 billion euros stemming from the payment Alpha...) that paid to the state in March 2015 the fees it received from Greek banks in late 2012. Stripping out those one-off items from both years’ reported figures, we get a much wider improvement
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgrammeappointed by the EC and the ESM with the assent of the Greek Finance Minister. In addition, the Board... rate of expenditure cuts. If the primary surplus is off track by more than 0.25 percent of GDP... 1.5 percent and if the programme is off track by 1.76 to 2.25 percent then 2 percent of new cuts
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingof 20 million in Q2, which include a one-off trading gain of 77 million from the acquisition of Visa Europe from Visa Inc. Excluding this one-off item, recurring pre-provision income (PPI) improved by 8... euros on the back of lower Greek deposit cost and pillar II costs. Fee income also rose by 8
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Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingin the previous quarter. Results incorporate a one-off trading gain of 71.9 million euros from... aims to pay off the current amount by the end of the year subject to maturities and deposit inflows... the conference call, the management noted it expects deposit inflows of 2 – 2.5 billion for the Greek
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Tsipras braces for SYRIZA congress, weighs up reshuffle options
PoliticsGreek Politics, the best that Tsipras can hope for is that the congress will be an opportunity for members to let off... restoring confidence in the Greek economy and reaching the ambitious growth target of 2.8 percent... be put off for the time being. Time would probably be lost in having ministers taking over new
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Parents main source of income for most young Greeks
Societyand less religious. Just 1.6 percent said that they had full confidence in the Greek parliament, compared... worse off than their parents. Of the parents asked the same question, 55 percent thought that their children would be worse off than they were. Young people who reported being fully ready to take risks
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Public sector evaluation and hirings in the spotlight
PoliticsGreek PoliticsAs Greek politics gradually winds down for the mid-August break, the country’s lenders are likely... to the schedule agreed with Greece’s lenders, which means that even if the coalition’s next move pays off... and that these appointments do not push public finances off track.
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IMF adds to calls for no further delays to e-auctions
EconomyProgrammefor the Greek government to ensure that electronic auctions are up and running as soon as possible... made moves this week to convince notaries to call off their strike, which threatens to derail plans... in the third review to be ticked off the list. Speaking to a European Parliament Committee in Brussels
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