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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingThe persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions. In its latest report, the Bank of Greece (BoG) outlined that in the second quarter (Q2) of the year, Greece’s four s...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Government lines up crackdown on NGOs as next piece in harsher migration policy
PoliticsGreek PoliticsThe government is doubling down on the stricter migration policy and harsher rhetoric on the issue, which has intensified since Thanos Plevris took over as the country's Migration Minister. The ruling New Democracy party is hoping that this change of st...
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingwas reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB
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Athens braces for Erdogan bargaining at NATO summit
PoliticsForeign Policywas spying for Athens. On Saturday, Turkish authorities reportedly arrested a man named Mohamed Amar
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No let-up in tension with Turkey as MPs prepare to approve maritime boundary deals
PoliticsGreek Politicsthat Erdogan can be portrayed as the villain of the piece and Turkey as a so-called “pirate” state... this, inferior, deal. The opposition party is trying to find a way of criticising ND’s handling
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politicsrepresentatives and employees of the contractor were charged with instigation of subsidy fraud... signalling-telecommand systems, but the contractor attempted to construct an entirely new signalling system
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Greece in danger of repeating familiar mistakes with Golden Dawn
AgoraBarring any last minute upsets, Golden Dawn will officially become Greece’s third-largest party when local and European Parliament elections are held in May. At least that is what opinion polls have been indicating for some time. It would represent anot...
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Podcast - Riding into the danger zone: Greece gets new jets
AgoraGreece recently received the first six state-of-the art fighter jets it has ordered from France, hoping that their arrival marks the start of an upgrade of its military capabilities, but also an improvement in its geopolitical standing. The Rafale plane...
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