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IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
EconomyProgrammethe country’s debt profile in the medium term. However, a number of board directors cautioned
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingprofile also improved as deposit inflows picked up, with ELA reliance now close to being eliminated
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingand sustainable growth. Regarding the bank’s liquidity profile, he said that this had been improving
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Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammea high-profile delegation to New York last week, are adopted. The government's intention is to show
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Foreign minister quits government, heaping pressure on Tsipras
PoliticsGreek PoliticsOne of the government’s most high-profile figures, Foreign Minister Nikos Kotzias, resigned on Wednesday, forcing Prime Minister Alexis Tsipras into another damage limitation exercise when he would prefer the spotlight to be on his government’s latest initiatives on the economic front instead
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After Kotzias departure, Tsipras hopes for clear path to elections
PoliticsGreek PoliticsWhile the departure of Nikos Kotzias from the high-profile position of foreign minister is a blow for Prime Minister Alexis Tsipras, especially as the key diplomatic achievement of his time in office – the Prespes Agreement on the Macedonia name issue – is at a crucial juncture, it is unlikely
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European Commission approves 2019 budget, urges focus to meet end of year reform goals
EconomyProgrammeGreece's vulnerability to shifts in market sentiment. Given Greece's sovereign financing profile over
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Fitch keeps Greek rating stable at 'BB-' but sees growth momentum building
Economygrade category. Although the stock of public debt is high its profile is exceptionally favourable
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Speculation about May elections revived by SYRIZA officials' comments
PoliticsGreek PoliticsFor those looking out for signs of when the next elections might be held, a couple of comments this week by SYRIZA officials fuelled speculation that Prime Minister Alexis Tsipras will call snap polls in May. SYRIZA MP Nikos Fylis became the latest high-profile member of the leftist government
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammea profile for each borrower. A bank official told EfSyn that setting up the platform so it can assess
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