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Coalition adopts court ruling that restores judges' pay, others poised to follow
PoliticsGreek PoliticsThe coalition passed an amendment through Parliament this week which means it will have to pay judges an extra 70 million euros a year. It is a move that should help repair relations between the government and the judiciary but which has wider implicati...
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Piraeus first Greek bank to repay Pillar II bonds, others to follow
EconomyBankingPiraeus Bank said on Thursday that its remaining Pillar II bonds will be redeemed on Friday, which will make it the first Greek bank with zero reliance on any of the three pillars of the capital and liquidity support programme (Law 3723/2008) that was i...
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EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek PoliticsTwo of the key players in the negotiations over Greece’s second programme review expressed some optimism on Tuesday that an agreement between Athens and its lenders could be reached in the next few days. European Economic Affairs Commissioner Pierre Mos...
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Govt lines up strike legislation to follow brief pause after budget vote
PoliticsGreek PoliticsWednesday night’s budget vote is likely to wrap up the conservative government’s economic business for the year, although there is some speculation that Prime Minister Kyriakos Mitsotakis might try to squeeze in some more handouts before 2019 is over. T...
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Reshuffle speculation follow snap polls rumours as ND enjoys ratings bounce
PoliticsGreek PoliticsDespite government officials publicly dismissing the latest round of rumours about snap polls this autumn, the speculation persists as a new week gets underway and has been augmented by suggestions that Prime Minister Kyriakos Mitsotakis may carry out a...
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Mitsotakis tries to move on from Samaras row but more fallout may follow
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has attempted to draw a line under his spat with former Premier Antonis Samaras, but the matter is likely to run as long as the former New Democracy leader does not make his intentions clear now that he has been ousted...
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of 2.18 billion euros was 1.5 billion lower than
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingIncome (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million
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Early rounds of talks with lenders focus on possible prior actions
EconomyProgrammeincluding Sundays. 14) Restructuring of Athens public transport (OASA). 15) Change in the legislation
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgramme) Restructuring of Athens Public Transport Organisation (OASA). The schedule is for the agreement
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