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Tsipras makes PASOK opening amid domestic troubles
PoliticsGreek Politics, it seems they are returning to the party they supported before SYRIZA flourished. However, Tsipras’s... to strengthen SYRIZA’s position in the political arena by forming a bipartisan environment, which... of the abyss,” said the prime minister. Tsipras’s overtures were immediately rejected by PASOK
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NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
EconomyBankingEXIN Financial Services Holdings BV for the sale of a 75 percent stake in Ethniki Insurance, NBG’s... for life, savings and non-life insurance products. The divestment of NBG’s insurance arm is part of its...) on NBG’s Common Equity Tier 1 (CET1) ratio. The latter stood at 16 percent in the first quarter
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ESM approves next bailout tranche, providing Athens with some relief
PoliticsGreek PoliticsThe European Stability Mechanism’s board of directors approved on Friday the 8.5-billion-euro... be released. A meeting of the ESM’s board of governors on Wednesday did not result in the green light... be given at Friday’s meeting of the ESM’s board of directors as Athens would take care
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Coalition turns to growth plan for relief from negativity, poor poll numbers
PoliticsGreek Politicsagenda. Opinion polls also indicated that the agreement at last month’s Eurogroup failed to move the needle in term of the public’s optimism regarding Greece’s immediate prospects. In a bid to escape from.... The government’s growth strategy will be put to public consultation at these events. The 260-page scheme
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Newsletter 129 - 28/07/2017
-building process, the latter’s coupon settled at 4.375 percent, while the yield reached 4.625 percent... and the European Commission’s decision to close the Excessive Deficit Procedure (EDP) for Greece... and Prosecutors accused the government of trying to undermine the justice system’s independence, likening
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Thessaloniki bus firm row adds to public sector challenges
PoliticsGreek Politicsaccusations of nepotism. The prime minister’s office became embroiled in the matter on Thursday when it issued a terse response to New Democracy’s criticism. The statement suggested that the conservative party... people’s judgement. State Minister Alekos Flambouraris described Pappas’s appointment as “purely
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Greek demographic ratios among the worst in Europe
Societyof Eurostat’s population data, which projects that by 2050 the number of births will be sufficient... crisis, Greece’s net migration balance in 2010 was negative for the first time in 35 years. Unlike... numbers of highly-skilled individuals. Furthermore, compared to the 1970s, Greece’s fertility rate
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Tsipras looks to recovery, sidesteps review concerns
PoliticsGreek Politicscould fall below 20 percent next year. Tsipras’s visit to the factory is part of the government’s... entrepreneurs and investors. The complications over Eldorado Gold’s investment in northern Greece and the ongoing delays to the redevelopment of the former Athens airport at Hellenikon in the city’s southern
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PM looks for positives as Eurogroup and oil spill cause concern
PoliticsGreek PoliticsCouncil. His visit is seen as a scaled down version of French President Emmanuel Macron’s trip... was the sole bidder for the Greek company during last year’s tender. The transfer of a 100 percent stake.... On Wednesday, two ministerial decisions were issued so permits could be issued for Eldorado’s plant
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Coalition looks to regain confidence, centre-left struggles with ballot
PoliticsGreek Politics. The opposition party asked Greece’s broadcasting watchdog to intervene over the poll’s publication. Pappas, though, accused New Democracy of being unsettled by the poll’s findings because they are not in line with what Kyriakos Mitsotakis’s party expected. “Someone promised you that by the time autumn comes
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