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Tsipras puts first broad brushstrokes to SYRIZA's picture in opposition
PoliticsGreek Politics, the centre-left Movement for Change (KINAL) has also been vehemently opposed to New Democracy’s labour... to Mitsotakis and New Democracy even since the elections, although the government has been in what is typically a “honeymoon period” with voters. The opinion poll suggested that the prime minister has
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankingBrussels. The report adds that the government has received assurances from all four systemic banks..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1... euros. Eurobank had NPE stocks of 14.9 billion and NPL stocks of 11.1 billion. NBG currently has
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Newsletter 221 -27/09/2019
and decreasing the personal income tax entry rate to 9 from 22 percent. The Greek ministry has been arguing... with PPC and a plan that the ministry has in place to improve its finances and viability, will also... Yiannis Vroutsis has called the bill a strike in favour of employees and law-abiding employers
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PBO highlights areas of uncertainty for 2020 budget
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) has followed the footsteps of the Fiscal Council by issuing its opinion on the draft budget that the government tabled last week. The PBO has some reservations.... It also has offsetting measures worth 1.9 billion euros so the primary surplus target that Greece
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SYRIZA launches membership drive but still struggles with 2015 backwash
PoliticsGreek Politicsovershadowed by the dragging up of the party’s problematic past. The party has launched a website.... The effort to focus on the party’s future has been overshadowed to some extent by the revival... to avoid Varoufakis and his party profiting from the fallout. SYRIZA has settled on a narrative
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Greece worst in EU for gender equality as power resides overwhelmingly with men
SocietyThe latest report by the European Institute on Gender Equality (EIGE) for 2019 has revealed... score has risen by only 4.4 points between 2005 to 2017. The EU average score was 67.4 points... with children, women earn 22 percent less than men and 23 percent less where the couple has
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Greek concerns about name deal grow after North Macedonia's EU bid is blocked
PoliticsForeign Policywith Skopje during the recent European Council. Even though the Greek government has avoided... foreign minister and constitutional expert Evangelos Venizelos and has to do with the provision... but the Greek side has not made any moves so far. The issue is expected to be further delayed due
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S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
Economypositive outlook for the country. Now S&P and Fitch are on a par, while Moody’s has Greece one grade..., the agency notes that Greece has one of the most advantageous debt profiles of all the sovereigns it rates..., after the final disbursement from the European Stability Mechanism (ESM), Greece has a sizable cash
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Xi's visit carries promise of closer Sino-Greek political, economic ties
PoliticsGreek Politicsbetween the two countries and recognises that Greece has an important role to play in promoting further... that it has a more elevated political status in Beijing’s eyes. In this respect, the suggestion... Democracy may also find that it has to tread carefully in balancing its desire to cultivate
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HRADF development plan lays out list of actions pending for privatisations
EconomyFeaturesThe Hellenic Republic Asset Development Fund (HRADF) has noted in its revised business development... the status of the Egnatia Odos highway privatisation, which has a more extensive list of ongoing actions.... The administrative authority for the tunnels has also as yet not confirmed the construction works required
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