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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
EconomyAnalysis poll for Mega TV, published on Thursday cost of living leads in the top 5 issues according.... This is roughly one point below last month’s estimate. The socialists pressed the government on the issue of cost of living by proposing a two-point reduction of VAT on certain basic goods. They tried
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Faltering relationship with farmers a sign of wider concerns for government
PoliticsGreek Politics, presented on Open TV on Thursday, places New Democracy well ahead after vote-weighting while exposing... of the Panos Ruci affair. In raw voting intention, ND stands at 21.5 pct, down 0.3 point on the September poll... minister is notable but not a game-changer at this point, with 21.8 pct saying they would “definitely
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Farm subsidy scandal prompts disquiet in ruling party, encourages opposition
PoliticsGreek Politicslocal intermediaries. At the same time, he tried to recast the scandal as a turning point... and a “new starting point” in tackling entrenched clientelism. However, the steady drip of new revelations... forcing further immunity lifts, and if opposition pressure on Predator intensifies. They point
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Eurobank gears up for crucial but contentious capital increase
EconomyBankingsaid his opposition was a “matter of principle.” The main point of contention is that the new... of these shares stands at high levels (10 percent with a 2 percentage point step-up every year after 2014... stands at around 8 billion euros. Successful capital increases at Eurobank and National will help
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Newsletter 7 - 12/12/2014
safe conclusions from being drawn at this point. Samaras’s decision to switch the date...) of 13.5 billion, of which the cumulative impairment reached 10.4 million. It’s important to point out.... PASOK, which gained just 8 percent as part of the centre-left Olive Tree alliance, felt
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomypoint to a deceleration to 5.6 percent from an 8 percent anticipated for 2014. Imports The other... updated forecast released in mid January implies a downward revision by 1 percentage point since its
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingprimarily led by an 8 bps improvement in the Greek NIM. The lower deposit cost mainly stems from... of 2015 particularly in the retail sector, while early indications point to a stabilisation in March... percent, also down by 1 percent point QoQ. Eurobank's management stressed that key catalysts for a return
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Tsipras heads for Russia with specific aims, including halting speculation
PoliticsForeign Policythat Tsipras’s Moscow visit on April 8 and 9 is “diplomatically demarcated and economically hopeful... with the annexation of Crimea by Moscow. It is expected that Tsipras will make this point in his public... at the same time that it is at a crucial point in negotiations with its creditors
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Newsletter 30 - 12/06/2015
figures stand at 8 and 6.2 billion, respectively. It is noteworthy that these numbers take... warned that there could soon be no way back for Greece as it hurtles to the point where it will default... of poor strategy and false expectations have led Tsipras to the point where even proposals
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Greek pensions laid bare
Agora1 percentage point. This reflects the fact that GDP contracted by around 14 percent over... sector in 2014 reached 14.4 billion euros, almost 8 percent of GDP, from just under 16 billion... and further to 64.4 years in 2025. For the private sector, the starting point for the average
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