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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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Greece to pay IMF but concluding negotiations will be a tougher task
PoliticsGreek PoliticsThere were no surprises from Greek Finance Minister Yanis Varoufakis’s meeting with International Monetary Fund managing director Christine Lagarde in Washington on Sunday but the government in Athens still faces a challenging few days ahead. Lagarde co...
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Greeks graduating after 2011 encountered limited opportunities, low pay
SocietyA report by the Foundation for Economic and Industrial Research (IOBE) has revealed that graduates in Greece after 2011 were twice as likely to be unemployed as graduates in the overall working-age population, and that the majority of them earned salari...
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Tsipras eyes review conclusion, insists SYRIZA patience will pay off
PoliticsGreek PoliticsPrime Minister Alexis Tsipras assured SYRIZA’s political secretariat on Monday that the government will manage to wrap up the third review on time and that better days are on the way for his party. Speaking to SYRIZA officials after the departure of the...
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Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
EconomyBankingAlpha Bank reported a net profit of 125 million euros in Q1 2022, compared to a loss of 282 million euros in the same quarter of 2021. In the last quarter of 2021, the net loss was 408.1 million euros, mostly on the back of 551.8 million euros of impair...
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Bid to form alliance for PPC referendum tests SYRIZA's political mettle
PoliticsGreek Politicsan alliance with the vociferous GENOP-DEI union, which represents PPC workers, SYRIZA also finds
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Return of coastal bill may give SYRIZA new chance to build support
PoliticsGreek Politics. This is in contrast to the PPC stand-off, where SYRIZA stood side-by-side with the electricity workers’ union (GENOP
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Concerns over energy deregulation add to challenges Tsipras faces
PoliticsGreek Politicsthe “cannibalisation” of PPC. The baton was picked up by the GENOP-DEI union that represents some
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Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
EconomyProgrammeopposition from unions. The latest action comes from members of the GENOP union, who yesterday blocked
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Energy bill also unveiled as legislative activity intensifies
PoliticsGreek Politics, from having the upper hand. The GENOP union at PPC has notoriously been militant in its resistance
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