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Unlocking inactive properties: How vacant homes distort Greece's property market
EconomyFeaturesincrease of 5.7%. This growth is unevenly distributed; while Athens saw a 5.2% increase in early 2026... stock - over 2.2 million units - is vacant and "inactive," meaning it is neither used by owners nor
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Clashes add to political tension over division, police violence
PoliticsGreek Politicsadvised them that the man who had been beaten was a member of a radical left group and had been... as police clashed with some protestors. One policeman was dragged off his motorcycle and beaten. Along
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ECB tests find negligible capital shortfalls at Greek banks
Economyfor capital needs was based on the agreed restructuring plans (dynamic model) rather than the end-2013 figures (static model). The ECB noted in its country results that the aggregated capital shortfall.... Eurobank Under the static model, Eurobank showed a capital shortfall of 4.63 billion euros, which
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Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued to strengthen in February, increasing by 2.4 points... reading above the 100-point mark. Greece’s ESI began to slide in the third quarter of 2008 when... being exposed. The ESI continued to fluctuate across the following years, recovering strongly in 2014
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Resignation of PM's aide poses grave questions for coalition, institutions
PoliticsGreek Politicsof the judicial probe into Golden Dawn with the Neo-Nazi party's spokesman Ilias Kasidiaris... as Baltakos is seen suggesting that the arrest of Golden Dawn MPs and members last September... the investigation into Golden Dawn. He also claims that Samaras thought that the crackdown on the far right party
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Greece's ultimate sacrifice for stability
Agoradiscussion with Golden Dawn spokesman Ilias Kasidiaris is that this unholy alliance was being forged in a room that had at least nine religious icons on its walls. Another is that it showed Golden Dawn..., and other Golden Dawn MPs he met with. Some have accepted his argument that he operated as a type
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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek PoliticsAs the floodwaters in Thessaly subside, the enormity of the economic impact of the disaster is gradually becoming clear, putting the onus on the government to deliver a support package commensurate to the task. The prime minister’s office is pondering h...
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Slight rise in deposits for March but outflows at 2.2 bln for 2014
EconomyMacroeconomyGreek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG). Net flow turned positive for the first time since December with inflows amounting to 501 mi...
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of...
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
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