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Mitsotakis aims to prove credentials by tackling party's finances
PoliticsGreek Politicsare just over 8 million euros, while it earns around 4 million per year. This has caused New Democracy... small, as well as large contributors. He said a new platform has been created so party members can.... Getting New Democracy into financial shape would allow Mitsotakis to argue that he has broken
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Idomeni exodus complicates management of refugee crisis for gov't
PoliticsForeign Policyarrested in the Former Yugoslav Republic of Macedonia (FYROM), has added to the challenges faced by the government in dealing with the crisis. The failure of Greek authorities to stop the exodus has... decision to bar entry to refugees has added to the ill-feeling that is a permanent feature
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agoraincome in 2016. Operating costs On the cost front, the number of branches has been reduced by almost... retirement schemes. Banks target further cost reduction in the next few years, which has been... in 2015. Both in absolute and relative terms, Piraeus has the highest NPLs, while NBG figures stand
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New nationalist party in the making
PoliticsGreek Politicsis a controversial figure known for his staunch nationalist views but has remained largely in the background.... However, the change in conservative leadership has led to the former government official being... right, such as the leader of Popular Orthodox Rally (LAOS) Giorgos Karatzaferis. He has also been
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EU highlights Greek border concerns but Athens concerned about Aegean
PoliticsGreek Politics“serious deficiencies” in the control of its borders. Athens has not yet been able to fully deploy... are also conducting separate exercises in the central Aegean and there has been heightened activity... there has been progress in the effort to liberalise visas for Turks. As this is a key element
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NPL resolution in Italy and Greece
Agorain southern and southeastern Europe, has been a constant challenge for policymakers in recent years... has been centred on a public-private partnership involving commercial banks and the treasury... predecessors, the Tsipras government has been obliged by Greece’s official creditors to address
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If you think it's bleak for Greece now, wait until tomorrow
Agorathe report. Given that the Washington-based organisation has been part of the Greek programmes since 2010, both as the author and enforcer of conditionality, and has had a major influence in shaping... productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which
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Linking of ex-PM with centre-left role highlights inertia, not momentum
PoliticsGreek Politicsthe last few years, Simitis has maintained a supportive but not active role and has never given.... PASOK and Potami launched earlier this year a joint committee that has the task of trying to forge a platform for cooperation between the two parties based on common policies. However, the panel has made
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PASOK and Potami aim to firm up joint platform
PoliticsGreek Politicsand this seems to have given the process a little more momentum. The Potami leader has perhaps been.... Although the lawmaker is continuing as an independent and has expressed a desire to form his own movement, there is speculation that he will cooperate with New Democracy at some stage. It has become
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agorapool has been trimmed by 7 billion euros QoQ to 110.6 billion, while their liquidity buffer has been... a total amount of deferred tax asset (DTA) of 19.48 billion euros, making up 69 percent of TE. Alpha has... has by far the highest TE of 8.51 billion as well as the highest market cap of 3.32 billion (third
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