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Banks gear up for 2020 stress tests as evaluation begins
EconomyBankingthree months and the results were available in May, rather than November for the rest of banks.... The long-term risk-free rates according to the baseline will stay low, albeit higher than the rest
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Uproar over minister's home protection comments underscore sensitive nature of challenge
PoliticsGreek Politics. According to data from the Bank of Greece, mortgages stood at more than 57 billion euros in mid-2019, 43.1... of the primary residence protection scheme in May could leave more than 150,000 borrowers without a safety
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Rise of exports slowed in 2019, with goods suffering dip
EconomyFeaturesunder consideration and had more than tripled by the end of 2018.” This is the consequence of two... exports during most of the period 2009-2018 were slower than world exports and results in an average
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Building permits increase by 12.4 pct in November
EconomyMacroeconomyfor 2017 by 1,478 permits. However, it is still roughly 84 percent lower than the 2005 peak. Much of the current building activity also centres around refurbishments rather than new builds. The most recent
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Employment balance negative by 17,318 in January
EconomyMacroeconomyhired than fired. Ergani noted that the month of January has registered a negative balance for each... more firings than hirings. This was followed by those aged 30-44 with a negative balance of 4,893
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Identity crisis in KINAL resurfaces as SYRIZA touts common ground
PoliticsGreek Politicsin opposition, rather than a conscious meeting of minds. Crunch time KINAL’s identity crisis cuts both... the proportional system. At this point, which some are suggesting may come earlier rather than later
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Athens closes border, looks for EU support to ride out migration storm
PoliticsGreek Politics, by some residents and on social media is also much stronger than in the past, with talk of “invasion... of migrants to move towards Greece. Ankara claims more than 100,000 people have travelled towards Greece
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Greece waits for tangible outcome from EU's symbolic backing over border crisis
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis will be accompanied by top European Union officials when he visits the Evros border region on Tuesday as Athens hopes to receive more than just symbolic support... is hoping that it will lead to more than just symbolic or verbal support, which Mitsotakis also
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Unemployment drops to 16.3 pct in December
EconomyMacroeconomyfor January showed that there were 17,318 more firings than hirings. Compared to the same month last year, there were 5,015 more people hired than fired. Ergani noted that the month of January has
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Regulatory and legal challenges from the increased penetration of LNG
Legalan increase of more than 10 million tonnes is expected in 2020. According to the New York Times, LNG imports... in the Terminal by more than one, the user must pay the Operator a charge of 200.000 euro per
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