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Probe into LAOS leader could spark contest for party's voters
PoliticsGreek Politicsa winding route over the last few years, from making the surprise move to join the interim government... months. LAOS caused a minor upset in the May European Parliament elections when it gained almost... ballot, however, put LAOS back in the game. In the wake of the May ballot the possibility emerged
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Uproar over minister's home protection comments underscore sensitive nature of challenge
PoliticsGreek Politics. At the same time, the Katseli law provisions continue in force for 58,000 applications winding their way... of the primary residence protection scheme in May could leave more than 150,000 borrowers without a safety... the elephant in the room and the furore over Georgiadis’s comments may be a sign of things to come. ND may
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Govt prepares new round of economic relief as Covid remains a threat
PoliticsGreek Politicsto be winding down its economic relief now and focussing on the reopening of the economy and the tourism sector... again. He identified mid-May and the end of July as key dates because that is, respectively, when Greece... in early May, when the vast majority of the vulnerable groups will have been vaccinated, and continue
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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomyof 978 million. In particular for May, primary deficit stood at 597 million compared to a target of 246...) fell significantly by 23.6 percent in May to 2.92 billion, its lowest reading so far this year... target 1.05 billion in May. According to MoF, almost two thirds of the underperformance in May
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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgrammeon the Euro2day financial news website on Thursday quoted an EWG official suggesting that Athens may... Eurogroup may provide a clearer picture regarding where everybody stands on this issue and what kind... as the ECB was winding down QE. As the country's credit rating was below investment grade
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomyGreece's May current account (C/A) balance showed a deficit of 246.2 million from a surplus of 69.6... and ships, the trade balance in May did not show any meaningful change, while exports grew faster than... percent). Despite the weak performance posted in May, the 5-month C/A deficit shrank by 25 percent
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SYRIZA's move to aid small parties puts spotlight on Kammenos leverage
PoliticsGreek Politicsspecific proposals. Reports suggest the government may table an amendment next week that would allow... To Potami and ANEL, another party that may back such an initiative is the Union of Centrists, which... secretaries and 140 deputy secretaries, 73 percent of whom it says are holding such positions
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Newsletter 27 - 22/05/2015
, the higher haircut may be accompanied by a widening of the collateral eligibility criteria. In such a case... and reform priorities. In short, while Nicosia is in the process of winding down its affairs... complex reforms and finding compromise solutions with international creditors. Although Cyprus
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Newsletter 454 - 07/03/2025
for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against and 4..., is nearing the end of the current cycle and that monetary policy may have gone as far as it can... mean that Greece may only need to issue one more bond for the rest of the year. The recent reopening
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Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 399 million euros month-on-month (MoM) in May, the monthly... the year so far. The movements in May largely reflect a fall of 397 million euros in European Central Bank... funding in May came to 8.07 billion euros as mentioned, along with ELA funding totalling just 1
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