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Tsipras claims he is in no hurry to call elections after bailout exit
PoliticsGreek Politics, it is the strongest public statement he has made so far about holding on for a little while longer, until 2019... suggest that SYRIZA is seeking a closer alliance with Boutaris than it has had in the past, possibly... Boutaris, who has been supported by PASOK and To Potami in the past, also receive the backing of SYRIZA
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingof its ongoing strategy to de-risk its balance sheets and reduce bad loans, Alpha Bank has a portfolio.... Since Q1 2017, overall Eurosystem funding has declined by around 9 billion euros. The decline... Greek Bank for its sector-leading capital position has the ability to play an active
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More debt talks lined up but chances of IMF departure growing
EconomyProgrammeto the June 21 Eurogroup as the date by which this matter has to be settled. Scholz said he is waiting... decision” would emerge. The Greek government has already started playing down the importance... after the last Eurogroup in Brussels and stressed the need for Athens to abide by the measured it has
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Industrial production increases by 1.9 pct in April, March revised upwards
EconomyMacroeconomy. In the year so far, industry confidence has declined by 1.4 points. The Commission’s latest... negative for a third month. In the year so far, industry confidence has declined by 1.7 points... which the reading has stayed above the 50-mark threshold.
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What the ECB did next - a tale from another crisis
Agorastimulus and crisis response measures. Mario Draghi has to preserve Euro-stability without appearing..., but politically unwise? The ECB has given to many the impression of going about systematically... submitted as collateral for bank borrowing and then keeping ELA under a short leash. This has been widely
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New overdue taxes rise by 599 mln in April, total stock continues to grow
EconomyMacroeconomy, data from the Independent Authority of Public Revenues (IAPR) has revealed. The latest monthly... million in April, meaning that the total number of tax debtors has stayed under 4 million for a third.... The IAPR has set a goal for the overall tax collectability rate to reach 84 percent in 2018
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Unemployment rate stable at 21.2 pct in Q1
EconomyMacroeconomyon Thursday. The latest figure means that the quarterly unemployment rate has remained under 22 percent for four consecutive quarters now. Compared to the same period last year, the jobless rate has... of unemployed fell below the 1 million mark for the first time since Q3 2011 in Q3 2017, but has since gone
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Industrial turnover rises by 6.7 pct in April for fourth positive reading
EconomyMacroeconomypublished on Tuesday showed. The latest figure means that the index has remained positive for four... to be at an all-time high. The PMI for May came to 54.2, completing a full year where the index has... confidence has declined by 1.7 points.
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No let-up in intensity of SYRIZA-New Democracy clash over name settlement
PoliticsGreek PoliticsDemocracy in a part of the country where it has traditionally performed well. The opposition senses... on the fact that Skopje has to drop any hopes of establishing cultural or historical links..., and New Democracy has been denied but reports suggest that the conservatives are monitoring
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The race to reduce Greece's bad loans
EconomyBankingand to 10.6 billion by the end of next year Alpha Bank has a portfolio of bad loans totalling 800 million... portfolio Eurobank has put up for sale takes the form of loans up to 10,000 euros in credit card debt... of its NPL reduction strategy, NBG has put up an NPL portfolio fo sale, totalling 3 billion euros
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