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Tsipras set to unveil tax cuts as MPs prepare for confidence vote
PoliticsGreek Politicsover benefits for disabled Greeks. New Democracy has for several months now identified the temperamental Polakis as a weak link in the government but Tsipras has stuck by him, even spending time... support for Polakis is that the party has to remain united in the run-up to national elections
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Tsipras, Mitsotakis cast gloves aside as pre-election fight gets personal
PoliticsGreek PoliticsThe political battle ahead of the European and local election on May 26 has taken a bitter... lines the government has tried to place between itself and the graft of the past are an illusion. He... that Katerina Panagopoulou has been a special adviser to the prime minister on diaspora issues for the last
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Unemployment for Feb comes to 18.5 pct
EconomyMacroeconomylast year, the unemployment rate came to 20.6 percent. Unemployment has continued to slowly fall over.... Between October 2018 to February 2019, the rate has hovered around 18.5 and 18.6 percent. During... million unemployed in September 2013, unemployment has declined by around 35.3 percent. The overall
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Tsipras, Mitsotakis tone down personal attacks but intensify clash over policies
PoliticsGreek Politics, without giving any further details. He said that this means he has nothing to apologise about. Working... has repeatedly tried to portray the New Democracy supremo as being indifferent to the plight..., the government is certain to use this issue in the remaining two weeks of the campaign, just as it has done
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Banks focus on reducing NPLs linked to property
EconomyMacroeconomyin particular has emerged as a key sector, supported by recent changes in the legislative framework... for this year, the bank notes that it has a total of 3.9 billion euros-worth of transactions lined up... plans and real estate valuations performed for the majority of debtors and has the potential to increase
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Athens warned about missing fiscal targets rather than changing them unilaterally
EconomyProgramme. “Greece has overachieved on fiscal targets so far,” he said. “We expect the commitment with the Eurogroup... and spending policies,” he added. “That said, under the enhanced surveillance procedure Greece has... to be seen.” Stournaras In the meantime, Bank of Greece governor Yannis Stournaras has continued his
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Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingin corporate loans. Eurobank noted that it currently has around 4,800 properties under its repossessed real.... This multi-asset securitisation has a gross book value of around 7.5 billion euros, and will be executed... QoQ to 1.3 billion in March 2019. Emergency Liquidity Assistance (ELA) funding has been fully
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Strong showing in local elections for ND as it targets majority in national vote
PoliticsGreek Politicsa sidekick to SYRIZA. Several officials loyal to Venizelos, who has been an MP since 1989, also announced.... Gennimata has been accused by some critics of adopting “equal distances” between the two main parties... Samaras between 2012 and 2015. There has been speculation that the split between KINAL and Venizelos
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Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
EconomyProgrammeAthens has not been keeping up with the desired pace of reforms or even breaching commitments made... notes that the government has breached its commitments regarding hirings in the public sector as far as temporary placements are concerned. According to a leaked extract of the report, Greece has kept
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Tsipras vows to cancel reduction of tax-free threshold as SYRIZA seeks way back
PoliticsGreek Politicsthe government, nor the opposition, has indicated how they will compensate for the non-adoption of this fiscal... of opponents. He dismissed rumours that he has been rethinking the idea of calling off the snap elections... criticism, which has also focussed on the decision to table in Parliament this week the new criminal
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