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General gov't primary cash surplus widens notably to 4.84 bln by October
EconomyMacroeconomyfor the first time this year by 1.7 percent or 101 million month on month (MoM) to 5.86 billion euros... and extrabudgetary funds at 324 and 266 million respectively. The government has indicated it intends... in repos by 189 million. Gross debt has been reduced by 9.4 billion euros in the year to date
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Energy at forefront as Athens prepares for creditors’ return
EconomyProgramme. The government has reportedly only completed around 30 percent of the 101 prior actions expected...Athens has reached a comprehensive agreement on energy issues, which was one of the biggest obstacles in the way of a staff-level agreement (SLA) being secured by December 4. Energy Ministry
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingbillion in Q1. The latest results mean that since the end of 2015, NPE reduction has reached 7.2 billion euros. The bank has set a target to reduce their NPE pile by 11.1 billion euros to 4.3 billion up... percent on an annual basis. Trading and other income stood at 101 million compared to a loss of 47
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Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
EconomyMacroeconomyfrom a revised increase of 5 percent in March. As with the retail index, the volume index has... the reading came to -28.3 points. Compared to June 2018, consumer confidence has shown a strong..., and improving by 6.6 points year-on-year. The overall ESI for June improved by 0.2 points to 101.
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To Potami intensifies efforts to mop up disgruntled Greek voters
PoliticsGreek PoliticsTo Potami, the centrist party founded by journalist Stavros Theodorakis in February, has published the closest thing to a manifesto it has produced in the last seven months. Theodorakis set out... in the EU ballot after such a short existence, To Potami’s message has remained rather vague
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Reopening public broadcaster poses multiple challenges for Tsipras
PoliticsGreek Politicsthe unusual step of presiding over the committee herself. As we have highlighted before... was particularly aggressive in her questioning towards ERT’s would-be CEO, Lambis Tagmatarchis, who has served in a senior role at the broadcaster before and has had run-ins with the employees’ union
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New attempt to get Cyprus talks back on track
PoliticsForeign Policy" and "untimely." He has also referred to a relevant decision of the Cyprus National Council which says.... Nicosia has so far resisted these calls as this may seem like an intervention in the Republic’s... Thompson. The new US administration has confirmed "its strong support for the special adviser
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Tsipras gets approval for gender bill despite coalition partner's absence
PoliticsGreek Politicsthe particular circumstances surrounding the legislation. ANEL has also broken ranks in the past on social.... Their political alliance is far from perfect but has proved time and again that it is able to function under unusual and difficult conditions. There seems no sign at this stage that this is about
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Erdogan ends trip with softer tone, consensus on refugees
PoliticsForeign PolicyTurkish roots. This issue has been an age-old bone of contention between the two countries as Greece... the subject of the 1923 Treaty of Lausanne was discussed in unusual detail in front of TV cameras. Erdogan... has territorial aspirations with respect to Greece. He complained, however, that Greece
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Coalition's attempt to defend handling of fatal blaze fails to stem criticism
PoliticsGreek Politics(and the emergency service chiefs it has appointed) from any responsibility for the death and destruction inflicted... briefing as a “show” aimed at shirking the government’s responsibility. “Greece has again come face... has increased the pressure on the government, especially with regard some public acceptance
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