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One year of SYRIZA
AgoraLooking back on it, there was strong evidence to believe one year ago that SYRIZA was doomed from... was not having a clear idea of what it wanted to achieve or one, at least, that bore any connection... going out of business. The one area where SYRIZA has been breath of fresh air is in civil rights
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBanking) of 2016, fully attributed to a one-off loss of 3.1 billion involving the recycling of losses related... associated with pillar II bonds. The bank’s non-core income though, despite a one-off gain of 35... to 208 million in Q2 from 158 million in Q1 and mostly relate to one big retail group (Marinopoulos
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Bank of Greece study finds one in six local firms is strategic defaulter
EconomyMacroeconomycredit rating did not allowclassification in one of the first two categories. The firms with high... their loans in one bank but did not pay their loan obligations to the other banks. The study revealed that one in six companies on average was deemed as strategic defaulter during 2010-2015. In addition
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The bad hand being dealt to Greece's next government
Agoraof money in March. Hardouvelis’s words of caution are aimed at SYRIZA, which looks set to win next Sunday’s... to guide Greece to calm waters. They have not succeeded in putting the country beyond danger. The truth... 25 elections produce one). This gives the next prime minister hardly any time in which to negotiate
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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politicslegislation in Parliament this week as technical talks with lenders aimed at agreeing a set of reforms... for the SYRIZA-led government that the first piece of legislation it passes should be one aimed at helping... programme, especially as this was one of the areas of policy making where previous governments were
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EU-Greece island containment policy slammed as refugees endure squalid winter camps
Societyfreezing weather, and overcrowding. In one incident on the island of Lesvos, a cooking stove exploded... the transfer of 2,000 people from Samos and Lesvos to the mainland as a one-off emergency response... also pointed out the danger that the conditions pose to vulnerable groups. “Some women are forced
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Athens encouraged by agreement on EU's Strategic Compass
PoliticsForeign Policy, annual defence spending exceeds 2 pct of national GDP, a goal that is set out in the Compass... assistance clause in the event of aggression against one of the bloc’s members. It also strengthens... underlined that “revisionism and military aggressiveness represent a clear threat and real danger wherever
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Government comes out swinging as tense week, building up to Tempe protests, begins
PoliticsGreek PoliticsGeorgiadis is one of the members of the cabinet that has done the heavy lifting over the past few days... danger. However, in the meantime Georgiadis and Voridis are doing their leadership hopes no harm by showing that they are willing to stand up to defend their party. The health minister set the tone
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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek Politics, the lack of evictions and repossessions was one of the key reasons that the social impact of the economic... to the liquidation of their assets, but those who have lost their primary residence as a result of the process, or whose home is valued at 20 percent of their total debt could have their debts written off in one
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Landmark Katseli Law ruling hits lenders, eases borrower burden
EconomyBankingthrough multi‑year repayment plans that protect primary residences. Under the law, courts set the terms... as simple, non‑capitalised interest on a monthly basis and set at the European Central Bank’s main... that a borrower will fail a court‑mandated plan and lose their primary residence. For households
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