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Centre-left parties jockey for position ahead of EP elections
PoliticsGreek Politicscentre-left space are moving apace in the run-up to June’s European Parliament elections. A meeting... for throwing a spanner in the election process. Kasselakis’s freewheeling leadership style continues... sidelined from strategic decisions, including the party’s official position on same-sex marriage and its
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European Commission leaves 2024 growth estimate of 2.3 pct unchanged
EconomyMacroeconomyThe European Commission left Greece’s growth estimate for 2024 unchanged in the latest winter... this year’s budget. The Commission also points to last year’s real GDP growth, which landed at 2.2 pct... remaining one of the main drivers for growth in 2023. The slower recovery of Greece’s trading partners
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Industrial turnover drops by 7.2 pct in Dec, pulling 2023 figure 4.1 pct lower
EconomyMacroeconomyThe contraction in Greece’s industrial turnover accelerated in December, dropping sharply by 7.2... 2022, it was up by 16.7 percent YoY, hence some base effects in this year’s rates. On a rolling.... On sentiment indicators, Greece’s Manufacturing PMI recorded solid gains in January, rising to 54.7
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ND seeks to change narrative around train crash as MPs deliver inquiry findings
PoliticsGreek Politicsinvestigation than then one carried out under New Democracy’s stewardship. The findings from... of the crash. ND’s report argues that the site was paved over so cranes could be moved in to remove...-elected as an MP in last summer’s general elections, but also to the government as a whole
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Polls show drastic erosion of trust in institutions, but ND retaining political dominance
PoliticsGreek PoliticsThe Greek public’s trust in state institutions has plummeted in the past five years, according..., ahead of Communist Party KKE with 8.5 percent. Among the smaller parties, Zoe Konstantopoulou’s... as prime minister, followed by SYRIZA leader Stefanos Kasselakis with 12 percent and PASOK’s Nikos
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NBG shows strong profitability growth of 38 pct YoY in Q1, with 606 mln NII
EconomyBanking. Gross loans were 34.4 billion euros in Q1 with NBG’s loan to deposits ratio coming to 60 percent... of risk stands at 55 points, in line with the bank’s guidance. Capital The fully loaded CET1 ratio... the 2010 crisis outbreak after last week’s upgrade by DBRS, making NBG’s senior notes now eligible for ECB
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Poll numbers encouraging for Mitsotakis and Kasselakis on road to EP vote
PoliticsGreek Politicsto visit Thrace in northeastern Greece on Tuesday just hours after SYRIZA leader Stefanos Kasselakis’s... like both politicians will walk away from next month’s ballot with more or less the results... in Interview’s polling. In April, support for the ruling party had fallen as low as 27.1 pct. SYRIZA’s
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PM defends scepticism about name deal as he waits for official position from Skopje
PoliticsForeign Policyreactions in Brussels and Washington following the incident of the new president’s swearing-in ceremony, when she refused to take the oath under the country’s constitutional name of North Macedonia... will refrain from verbally using the country’s new name. He even urged Athens to appeal
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PM's target for EP vote seems in reach as twist emerges in battle for second
PoliticsGreek Politicsfor the upcoming ballot. It is also more than double leftist SYRIZA’s projected score of 16.2 pct, three... of those questioned said that they want to support the EU’s policies with their vote on June 9, while 41.3 pct said that they want to show their disagreement with the Union’s choices. The latest survey
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Fitch leaves rating unchanged at 'BBB-', outlook stable
EconomyMacroeconomyFitch on Friday reaffirmed Greece’s credit rating to ‘BBB-‘ with stable outlook. It is another indication that the country’s rating has entered a steady environment after the several upgrades over... agency to grant Greece the investment grade. Moody’s is the only leading agency that has left
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