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Mitsotakis targets rivals as Androulakis tries to shrug off doubters
PoliticsGreek Politicsto be preparing a political re‑entry after leaving SYRIZA late last year, has become the government’s preferred foil. The conservative administration has seized on allegations by Bank of Greece governor... unusual decision to speak to this particular outlet attracted some criticism from the opposition parties
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Newsletter 128 - 21/07/2017
Tsakalotos has reportedly not been in favour of a swift return from the start, but there were some... of a limit on the debt it can hold which is included in the agreement it has made with the IMF. According... front. He stressed during a news conference in Frankfurt on Thursday that any trial issue has to be part
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Parties gear up for vote on bill permitting private universities
PoliticsGreek Politics, had initially indicated it would back the bill, it has now shifted its position. Perhaps influenced... Nikos Androulakis has indicated that although his party is in favour, in theory, of allowing private... before the gathering, Kasselakis indicated that he now has a free run for the next three years
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China-Greece: One belt, one road?
Agoraoffshore blocks in the Ionian Sea and off southern Crete, has been extended until July 2015. Moreover... to Greece. In recent weeks China has underlined its investment commitment towards Greece by taking the rather unusual step of buying T-Bills of a eurozone member state. The initial financial
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Tsipras encounters obstacle in efforts to secure church deal
PoliticsGreek Politicson board. Opposition leader Kyriakos Mitsotakis took the unusual step of suggesting that Archbishop... of the head of the Church of Greece, who reportedly has a good relationship with Tsipras. It also came... and remove the priests from the payroll, a move which it has the authority to carry out. This may
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Athens angling for tougher EU stance on Turkey ahead of summit
PoliticsForeign PolicyThe Greek government has launched another series of diplomatic contacts ahead of the European... Aksoy stressed that “Turkey has been in favour of dialogue with Greece without preconditions. In fact... on December 1. Government sources say that the two men assessed the current situation. Paris has recently
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Parties gear up for fresh tug-of-war over Tempe investigation
PoliticsGreek Politicssevere charges. Opposition leader Nikos Androulakis has said that if there is evidence in the case file... for the failings of his staff in addressing them before the accident occurred. The government has made... the government over the Tempe issue, which has been attracting less public attention over the last few weeks
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Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBankingyears, the group’s headcount has been reduced by 19 percent to 15,539 employees and the network... respectively. As a result, loan to deposit (LTD) ratio fell to 101 percent at the end of 2014. However, due.... Since the end of November, Eurosystem funding has jumped by 18.1 billion mainly reflecting deposit
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What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
Economythen, we understand that this ELA liquidity cushion has been reduced by more than 10 billion... regime. Since ELA liquidity of 90 billion euros has been used and there is another 25 billion available..., Greek banks may have after today’s haircut a new total of 101 billion (79 billion used, 22 billion
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Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
EconomyMacroeconomy, the Finance Ministry has not yet revised the budget execution bulletin targets aligning then with those... billion on August 20, the government has stopped delaying or postponing payments of non-payroll expenses..., PIB balance recorded a deficit of 101 million in September and 605 million in the 9-month period, yet
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