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Georgiou conviction may test relationship with lenders
PoliticsGreek PoliticsAn Athens court handed the former head of the Hellenic Statistical Authority (ELSTAT), Andreas Georgiou, a two-year suspended jail sentence on Tuesday, potentially complicating the relationship between Athens and its lenders. The Appeals Court found Geo...
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Banks enhance steps to deal with NPLs ahead of stress test
EconomyBankingGreek banks will be able to bolster their protective measures against the large number of non-performing loans (NPLs) on their books under planned changes to the Code of Civil Procedure. Changes to the civil code to be legislated and introduced by the...
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National Bank first to test market waters in post-election afterglow
EconomyIf the bull case for Greece includes a pro-business government rousing dormant animal spirits in markets, that part of the case is still sleeping off a post-election campaign hangover. The 6 percent drop in the Athens Stock Exchange index in the first t...
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PPC, Hellenikon present government with first test of problem solving mettle
EconomyTo the extent that government is an exercise in handling short-term obstacles thrown up by events, the dire state of Public Power Corporation’s (PPC) finances and unblocking the flagship Hellinikon investment are the first hurdles faced by Kyriakos Mits...
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Greece, COVID-19 positive test rate
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Wildfires provide familiar test for government
PoliticsGreek PoliticsAs happened several times during its first term, the government is being tested by wildfires again after several large blazes broke out on Monday in and around Attica. The fires, 81 in total, damaged homes and other buildings but there were no reports o...
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Government faces new storm test as Kasselakis sweeps through SYRIZA
PoliticsGreek PoliticsAs the government braced for the impact of the latest bout of bad weather, Storm Elias, on Wednesday, the main opposition party SYRIZA was still reeling from the impact of the whirlwind victory of outsider Stefanos Kasselakis in its leadership vote. The...
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Name deal and Beleri case test Greece's relations with North Macedonia, Albania
PoliticsForeign PolicyAthens is facing a testing period in its bilateral relations with its neighbouring countries North Macedonia and Albania, respectively. The new leadership in North Macedonia is attempting to de-legitimise the Prespes Agreement. Its new Prime Minister Hr...
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Wildfires and healthcare failings test government over summer season
PoliticsGreek PoliticsThe government is bracing for the assessment of the toll from the latest spate of wildfires which are still burning across the country after weeks of dry hot weather. The summer season is also testing the national health system, with several reported in...
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Strait of Hormuz tensions test EU unity and Greece's strategic limits
PoliticsForeign PolicyThe possible participation of Greece in a naval force with a European core to protect tankers in the Persian Gulf, as they pass through the Strait of Hormuz toward the Arabian Sea, has been widely discussed in the Greek public sphere. This debate has in...
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