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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBanking. The cost of risk stood at 2.2 percent in Q1 and management expects a lower figure between 150-200 bps... bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent
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Accommodation and food services turnover collapses by 84.6 pct in Q2
EconomyMacroeconomyby approximately 77 pct percent to 2.2 million visitors. The average expenditure per trip fell by 44.4 percent to 310 euros, from 558 last year.
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Mitsotakis tries to rally base as Tsipras sharpens attacks
PoliticsGreek Politicsapproaches key milestones, including the EU presidency in late 2027 and the bicentennial of the modern... ELGA to deliver faster compensation and modern irrigation planning. Closing his remarks, Tsipras...% parliamentary threshold sit MeRA25 (2.5%), Voice of Reason (2.3%), Niki (2.2%), New Left (2.2%) and Movement
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Opposition parties continue to pursue wiretap claims, as surveillance bill passes first hurdle
PoliticsGreek Politicsthe intelligence service EYP to the operation of the Predator spyware via a government contractor... from invoices and bank statements pertaining to the activities of EYP contractor Krikel, which..., transactions totalling 5.3 million euros linked to the government contractor appear to have escaped
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Newsletter 484 - 14/11/2025
as the architect of a modern, outward-looking country. In a Sunday social media post, the Prime... energy prices,” and “a new national wealth” to support future generations — a vision he called “modern... conditions" is exceptionally low, registering at just 2.2 out of 5. The ability to "flexibly adjust my
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Are hirings in the public sector out of control?
EconomyFeaturesare government agencies in the more modern administrative sense, which proliferated from the 1990s onwards... permanent public sector staff and 15,000 contractors, at a cost of 600 million euros. These accusations... contractors. Their numbers have swelled from 3,413 in 2012 to 15,601 at the end of 2017. By far the largest
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Episode 8 - Athens: An ancient city grappling with modern problems
AgoraIn this episode, we take to the streets of our home city, Athens, to get an idea of what interventions would improve life in the Greek capital. Our producer Phoebe Fronista speaks to MacroPolis features writer Georgia Nakou about the Great Walk, a pilot...
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For better or worse: Greece's bailout exit deja vu
Agorathat New Democracy and PASOK refuse to accept the end of the most tumultuous and costly period in modern... of 3.5 percent until 2023 is detrimental to growth and that the goal of 2.2 percent on average up... long-term goal of 2.2 percent is unprecedented, the long-term target in the IMF’s DSA at the end
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Minister pledges swift resolution as public anger over rail crash mounts
PoliticsGreek Politicseuros of investments in modern rolling stock. Earlier in the week, the government spokesman said... which relieved the network operator and its private contractors of the obligation to deliver
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Newsletter 373 - 10/03/2023
to renege on 400 million euros of investments in modern rolling stock. Earlier in the week... Minister Kostas Karamanlis which relieved the network operator and its private contractors
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