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Sentiment falls sharply in Feb, consumer confidence continues to slide
EconomyMacroeconomywas the 111.4 points of August 2023. Over the rolling 12-month period, the ESI in February was down by roughly... by 3.5 points in the rolling 12-month period. Industry confidence remained in negative territory to -4.4... on the rolling 12-month. Retail trade recovered strongly by almost 7 points to 17.5, now down by 5.5
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Eurogroup agrees on significant debt relief measures for Greece
EconomyProgrammethat the final disbursement would be 15 billion euros, of which 3.3 billion euros can be used... It is likely that Greece will use the 3.3 billion euros to reduce its exposure to the IMF, which... significantly for the next couple of years. Another possibility is that the 3.3 billion euros is destined
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Puzzling reaction to army reservists' call for government to resign
PoliticsGreek PoliticsAn unusual announcement by a little known army reservists’ group calling for the government to resign prompted an emergency late night meeting of top ministry and judicial officials on Wednesday. There was surprise that the government gave such attention to the statement, which amounted to a demand
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Samaras proposes free wi-fi as crisis antidote for young Greeks
PoliticsGreek PoliticsPrime Minister Antonis Samaras has come up with a surprising proposal to give hope to young Greeks, including those considering leaving the country because of record unemployment: Free wi-fi throughout Greece. Samaras made the unusual suggestion during a rare primetime TV interview on Monday night
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In bid to polish SYRIZA's image, Tsipras visits Mount Athos monks
PoliticsGreek Politicsis an atheist, meeting monks was indeed unusual. It was the first such visit by a leftist leader since
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To Potami intensifies efforts to mop up disgruntled Greek voters
PoliticsGreek Politicsand the unusual nature of his party, is now likely to step up efforts to lure voters to To Potami
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Newsletter 1 31/10/2014
, especially if they are from the same party, are not necessarily a rare occurrence – even within the unusual
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Stalled troika talks stretching Greek coalition cohesion to limits
PoliticsGreek Politicsfor tax arrears. Hardouvelis took the unusual step of meeting President Karolos Papoulias on Tuesday. Upon
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Samaras finger wagging at troika a sign of pressure on Greek government
PoliticsGreek PoliticsPrime Minister Antonis Samaras took the unusual step of criticising the troika on Tuesday, an indication of how frustrated the government feels as it is squeezed between lenders’ demands and domestic political pressures. Among the quotes that stood out during the premier’s speech at a conference
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Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
EconomyBankingIn an unusual move by the standards of the Greek banking sector, Piraeus Bank has announced an agreement with leading global investment firm KKR for the transfer and securitisation of 1.2 billion of non-core assets to a new structure managed and controlled by KKR Credit and serviced by Piraeus
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