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Greece and lenders seen inching towards deal on ADMIE
EconomyProgrammeby local media, the first step involves the spin-off of ADMIE from Public Power Corporation (PPC
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Deflated SYRIZA shuns broader political cooperation for now
PoliticsGreek Politicsreform and the sale of the bulk of non-performing loans have been put off for a few weeks
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Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
EconomyMacroeconomyGreece’s central government primary cash surplus notably widened by 72 percent to 4.48 billion in the 11-month period of 2015 from 2.6 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday. Excluding several one-off items related to revenues from
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NBG boosts capital base by selling total stake in Finansbank
EconomyBankingwritten-off by NBG. The remaining goodwill of around 450 million will burden NBG’s accounting equity
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Vote on same-sex civil unions reveals common ground and divisions
PoliticsGreek Politicsthe run-off vote against Evangelos Meimarakis takes place on January 10. The results of the first round
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The agenda of the first programme review shapes up with thorny issues
EconomyProgrammeFollowing the disbursement of the second sub-tranche of 1 billion on December 23, the next challenge, the biggest since the signing of the third programme in the summer, involves the completion of the first review. Local media indicate that discussions will officially kick off on January 8, while
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Opposition party leader Leventis a coalition partner-in-waiting?
PoliticsGreek Politicswas prime minister. Karamanlis and his supporters are backing Evangelos Meimarakis in the run-off vote
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Candidates vie for votes as New Democracy leadership race enters final stretch
PoliticsGreek PoliticsNew Democracy’s protracted leadership race has entered its final stretch ahead of Sunday’s run-off vote between interim leader Evangelos Meimarakis and former administrative reform minister Kyriakos Mitsotakis. Meimarakis remains the favourite to beat his younger opponent after collecting almost 40
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Mitsotakis win gives New Democracy chance for renewal but creates fresh risks
PoliticsGreek PoliticsKyriakos Mitsotakis scored a surprise victory in New Democracy’s election contest on Sunday by beating off competition from favourite Evangelos Meimarakis. Former interim leader Meimarakis conceded defeat late on Sunday, as Mitsotakis edged ahead 51 v 49 percent with around 70 percent of some
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Challenges mount for Tsipras as pension reform leads into make or break period
PoliticsGreek Politicsforward its own pension reform plan and it may be the case that the government will try to play off
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