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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBanking. This includes energy, manufacturing, markets and health. As mentioned, the bank has taken front... solely to coronavirus issues. The bank also noted that it has rolled out payment moratoria measures... billion in loan balances. It has also participated in all government Covid 19 support schemes, including
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Greece issues new 10 yr bond as investor appetite returns
Economyof Tuesday’s issue. The yield achieved in the new 2030 GGB is the lowest that Greece has achieved... and cover funding needs to support the economy after the pandemic crisis which has led to an overall... Tuesday’s transaction that takes the issues to date at 7.5 billion euros, the PDMA has essentially
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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek PoliticsAs it has been for the past few weeks, the economy proved to be the main political battleground... Mitsotakis. “That is our main philosophical difference,” he added, repeating a theme that New Democracy has... to supporting the recovery.” “The support of the EU and the trust that Greece has gained in Europe
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Newsletter 254 -19/06/2020
the economy has fully reopened after the lockdown and “at a time of the PM’s choosing”. Asked about...” transformation. Government officials believe that the present model of government has been successful... introduced by Mitsotakis last year, and which, he argued, has allowed the government to quickly identify
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Wages index up by 0.8 pct in Q1 2020
EconomyMacroeconomyAuthority (ELSTAT) figures revealed on Tuesday. The annual index has returned to positive territory..., the index has been above the 100-point mark since Q1 of 2017, equal to 12 consecutive quarters. It has also... in the previous quarter. Since its peak, the index has declined by a quarter on the back
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Novartis scandal causes allegations between govt and opposition to fly
PoliticsGreek Politicscharges against him emerging from the Swissleaks case. The dialogue, which has been described as “explosive” by government sources, and a partial transcript of which has been released to the press... recovering lost tax revenues was a national priority. SYRIZA, meanwhile, has been trying to draw attention
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Episode 6 - Greece's rugged media landscape
Agora. We'll be asking why the public has little trust in the country's media and examining what difficulties... of the obstacles his organisation has to overcome. Our host, Nick Malkoutzis, has a discussion... the spirt of our long-running blog section, The Agora, which has been a forum for discussing all kinds
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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politics. The SYRIZA leader has tried to keep himself out of the matter as much as possible, which some observers have taken as a sign that he is frustrated with his close ally. All Tsipras has had to say... underhand tactics in association with the conservatives’ allies in the media. SYRIZA has chosen instead
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ND forced to compromise over demonstration bill, feeding SYRIZA's claims
PoliticsGreek PoliticsThe government has been forced to make changes to the bill aimed at regulating street... to New Democracy, which has repeatedly rebuffed SYRIZA’s attempts to label it as having tendencies... behind a thin veneer of liberalism. The recent furore over the handouts to local media outlets has
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Newsletter 257 -07/07/2020
with the corresponding amounts. Rather than silencing the critics, however, the information has opened up a fresh round... remains strong but that its big lead over SYRIZA has been eroded slightly. According to the Marc..., which SYRIZA has edged up by a meagre 0.2 points. This may indicate that some of the enthusiasm shown
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