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Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
EconomyMacroeconomyto April 2017, the ESI has risen by 10.8 points. Although the overall index rose, consumer confidence decreased by 2.2 points to -51 in May compared to -48.8 in April. Year-on-year, consumer confidence has...-on-month to -1.5, staying negative for a third month. In the year so far, industry confidence has
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingPiraeus Bank has agreed the sale of a corporate NPE portfolio worth 1.95 billion euros as part... formation has declined. The bank reported that year-on-year, NPEs have been reduced by 3 billion..., NPL stock has declined by 5.7 billion. It was also noted that in line with targets, the parent NPE
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Macedonia name deal in hands of Tsipras and Zaev
PoliticsForeign Policy, and the formal and legal aspect of the agreement." The Greek government has also avoided making any comment... is expected to inform NATO Secretary General Jens Stoltenberg that a mutually accepted solution has been... will be quite complicated. It is not yet clear what has been agreed on these issues. According
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How 'clean' can an exit be? Athens snared between Rome and Berlin
Agorahas created costs and given rise to negative feedback loops in other countries. The “Italian crisis... newly appointed German colleague Heiko Maas how well Greece has developed. Meanwhile the latter’s... even consider such a move, capital markets would trounce Greek government bonds. A cash buffer has
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SYRIZA prepares for final bailout vote, seeks to highlight benefits
PoliticsGreek Politicshas yet to be completed, and the looser form of surveillance have been stressed repeatedly... will hope that as the government conveys this message to MPs and voters, some of the support SYRIZA has... to the prime minister. It suggests that the gap between New Democracy and SYRIZA has narrowed slightly so
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Parties draw dividing lines ahead of new protests over name issue
PoliticsGreek Politicswas on the domestic criticism that the government has received for its handling of the negotiations... has not officially declared its support for the protests but conservative leader Kyriakos... Democracy has decided to align itself with its most extreme wing,” said Kotzias. “It is looking inwards
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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomythe taxpayer fatigue that has been observed over the last years without risking the revenue goals... on year that the Council notes is the highest since 2008. Whether the economy has enough momentum... factor and the average annual growth of 1.1 percent envisaged in the latest MFTS has an element
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Coalition hails multi-bill as start of clean break, opposition sees more of the same
PoliticsGreek PoliticsGreeks (ANEL) are promoting the multi-bill as the last package of legislation Greece’s Parliament has... the stage once the fourth review has been completed and an agreement has been reached... reductions and increases to welfare spending. The coalition has also not given up
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After reaching name settlement, Skopje and Athens face more hurdles to ratify deal
PoliticsForeign Policywith a national Greek line that has been in place for almost 20 years and demanded that Skopje accept a composite... has never been accepted before by other governments in Skopje. The Greek government believes... also believes that it has achieved a major diplomatic success by getting FYROM to agree to change
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After signing name deal, Athens and Skopje face several more steps
PoliticsForeign PolicyAthens has already composed the letter to NATO Secretary General Jens Stoltenberg, which... on Wednesday. Zaev has chosen to follow an emergency, the same that the country’s Parliament usually... on Friday. The country's president, Gjorge Ivanov, has rejected the agreement and is not expected
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