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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingPiraeus Bank’s first half (H1) results revealed pre-tax losses of 215 million euros compared to pre... coverage ratio stood at 45 percent. Regarding movement on the bank’s various portfolio, management... the utilisation of the ECB’s longer-term refinancing operations (TLTRO) funding facility
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More fires at Moria add to pressure for effective response to asylum crisis
PoliticsGreek Politicsthe island’s capital. No camp residents are to be allowed to leave the island in the coming days... for Change) joined SYRIZA in condemning the government’s approach, decrying the “temporary measures... posted on Twitter that she was “deeply saddened” by the events at Moria, adding that the Commission’s
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek PoliticsCovid-19 meant that Kyriakos Mitsotakis delivered the prime minister’s annual keynote economic... the country’s armed forces. These were the themes that dominated the speech, and the media coverage... to implement, which have been repeatedly trailed since last year’s election campaign
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Athens hopes for letup in Turkey friction, but talks still in balance
PoliticsForeign PolicyAnkara’s decision to not extend the NAVTEX for the Oruc Reis research vessel is the outcome... Turkey’s decision not to renew the NAVTEX as a “positive first step”. In his press conference... with Turkey’s president, Recep Tayyip Erdogan under specific conditions. “We cannot talk and conduct
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More Covid-19 measures on way for Athens as public concern grows
PoliticsGreek Politicsin churches. The gripes about the ruling party’s reluctance to go against the church’s wishes intensified... on Thursday indicating that the public’s confidence in the government’s handling of the situation... party stands at 39.1 pct, compared to 39.9 pct in the last survey. SYRIZA’s support has dropped from 24
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Flooding, Covid-19 threat in Athens dominate ND's agenda
PoliticsGreek PoliticsKyriakos Mitsotakis’s premiership continues to be knocked off course by unpredictable events.... The government’s first order of the day on Monday was to announce support measures for households..., bemoaning the government’s reaction to the natural disaster. Opposition leader Alexis Tsipras visited
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Golden Dawn sentencing excites political controversy
PoliticsGreek PoliticsSakellaropoulou on Wednesday welcomed the court’s decision, adding that “it amounts to a confirmation...] national and democratic duty”. His deputy PM at the time, PASOK’s Evaggelos Venizelos, described... seconds of the court’s decision being announced. Greek Solution, considered by some to be the inheritors
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Athens treads cautiously as Ankara keeps prodding in Aegean
PoliticsForeign Policy. The announcement was made by Turkey’s Minister of Transport and Infrastructure, Adil Karaismailoğlu..., which coincides with Greece’s Flight Information Region (FIR). Among other issues, this raises concerns... not press any further at last week’s European Council for the imposition of sanctions against Turkey
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Stricter Covid-19 measures on the way, as pressure grows for national lockdown
PoliticsGreek Politicsmeeting of the government’s advisory committee convened on Wednesday to consider the introduction of tighter measures, both for infection hotspots and for the country as a whole. The committee’s... to avoid the worst, save lives and reduce the pressure on the health system”. The government’s
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Athens hopes Biden will spur change in policy, curbing Ergodan
PoliticsForeign Policyfor a further improvement in Greek-US relations and that Washington will be supportive of Athens’s positions... and Eastern Mediterranean. Under Donald Trump’s leadership, the US appeared to leave somewhat... of the diplomatic equation. Turkey’s policies, especially regarding its NATO obligations
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