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Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBankingand further to 1.8 billion in November. Gross loans edged down around 600 million euros QoQ to 60.8 billion
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PMI drops for third straight month to hit one-year low of 48.3 in Nov
EconomyMacroeconomyGreece’s Manufacturing PMI fell for the third successive month, albeit at a slower pace of 0.3 points in November after a drop by 0.6 points in October, the Markit survey displayed on Thursday. As a result, PMI edged down to 48.3, which is the lowest reading since November 2015. The ongoing
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New Democracy applies pressure as coalition prepares for tough December
PoliticsGreek PoliticsDemocracy felt the need to shoot down this theory right now. It is likely to be part of the conservatives
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Greece heads to Eurogroup facing uncertain outcome
EconomyProgramme. On the fiscal gap for 2018, Finance Minister Euclid Tsakalotos recently said it has been trimmed down
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Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
EconomyProgrammefurther on down the line. The Eurogroup chief also suggested that there is no significant disagreement
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What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgramme) and (possibly) Engineers’ Insurance Fund (TSMEDE), will be closed down.
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Unemployment rate falls to 23.1 pct in September, lowest since March 2012
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 23.1 percent in September from a downward revised 23.3 percent in August, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The headline figure for September indicates the lowest reading since March 2012
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Lenders' reaction to pension pledge leaves Tsipras short of options
PoliticsGreek Politicsoptions if the review negotiations break down. They also put Tsipras in a position where he could
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
EconomyThe Greek equity market moved sideways this week, ending almost flat (-0.1 percent), while trading volumes were softer than the previous week. The ESM decision to freeze the implementation of short-term debt relief measures was a negative surprise, dragging the market down 3.2 percent on Wednesday
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Tsipras gets no encouragement from lenders, left to consider next move
PoliticsGreek Politicsvoted through Greek Parliament last week looks set to die down. We understand that the institutions
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