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New Democracy seeks higher ground in escalating TV permits row
PoliticsGreek Politicsthat the watchdog could assume its duties. Polydoras, however, has long split from the conservative party. He... court’s full ruling before deciding on how to launch a new licencing scheme. New Democracy has... Democracy has decided to present itself as the party that will defend Greece’s institutions
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Eurogroup sees possibility of swift review but differences on debt relief remain
EconomyProgrammeauthorities and the institutions has been fruitful so far, while progress has been made in the ongoing..., Dijsselbloem noted that the Eurogroup (probably in December) has to define the time frame for the medium
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Coalition puts on fresh face but poll sees support draining away
PoliticsGreek PoliticsNew Democracy has over SYRIZA widening. It placed the conservatives on 30 percent and the leftists... between the two leading parties has broadened by another 2.5 percentage points (1.5-point rise... popular, according to the poll, with 31.5 percent. The survey suggests that there has been little
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Obama puts emphasis on issues deemed vital by Greece in Athens visit
PoliticsForeign Policywhat the Greek government has been arguing for in its negotiations with the institutions. In the news..., for which it has attracted criticism as well as praise from the European Union. “I want to also... geopolitical importance, which is a factor that the European Union has often not attached great importance
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingthe last two quarters, the headcount has been cut by around 1,000 to 15,935 employees, while the network has been reduced by 75 to 840 branches. Impairment losses declined by 14.1 percent QoQ to 191... until November 9. Since the end of June to date, ELA funding has been reduced by 2.7 billion to 13.1
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Greece lags in basic skills for youth but improves in educational attainment
Societyand training as well as in adult learning, a European Commission report has found. The 2016 issue..., respectively. Greece also has the highest rate (40 percent) of 15-29 year-olds with a tertiary... percentage points below the EU average. “Greece has an alarmingly low employment rate for recent VET upper
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Liquidity and NPL resolution feature prominently in draft deal between Greece and lenders
EconomyProgrammesummary report on the developments regarding Greek banks’ NPL strategies and targets. BoG has... workout. According to the draft sMoU, an agreement has been reached allowing for both large and small... debt to be excluded from any haircut. The draft sMoU also notes that the government has to amend
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Unemployment rate falls to 23.1 pct in September, lowest since March 2012
EconomyMacroeconomyof employed has risen by 60,600, while that for the jobless has declined by 81,000. Τhe non-seasonally... percent in 2016. However, there is a significant divergence in their forecasts for 2017. IMF has
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Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall
EconomyMacroeconomyin November to a new low since the end of 2012. It has been reduced by 16.35 billion since June 2015... has been recorded in the last six months in the wake of reinstatement of waiver on Greek government.... Overall, Eurosystem funding has been cut by more than 58 billion in the last seventeen months, also
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Turnover in services sector improves in Q3
EconomyMacroeconomy) and telecommunications (+1.1 percent). Since 2001, the most notable nosedive has been recorded in advertising..., employment activities and other administrative and office support, the turnover has soared by 69.8... and accounting services has also surged by 49.1 percent over this period. The latest services confidence
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