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What brought down Golden Dawn?
Societyof the national and the European Parliament after losing more than half its voters. A lot has happened... and a laundry list of other criminal charges. Greece has completed its economic adjustment programme... in the subsequent national elections was even more dismal. The party has performed better in both European
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Government looks to boost business-friendly credentials with visits, progress on investments
PoliticsGreek Politics, the trip is being pitched as part of a charm offensive to convince European leaders that Greece has.... Mitsotakis sees it has his mission to convince key European partners of his government’s determination... and Investment minister Adonis Georgiadis. While the legislation is being drafted, the cabinet has been
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ND promotes positive narrative abroad, away from inquiry clash at home
PoliticsGreek Politicsto 30 billion euros of NPLs from banks’ balance sheets as soon as possible. The plan has been submitted...) is also being lined up. It appears that the Latsis Group has decided to hold on to the 45.5 percent... months. The government has reduced ENFIA by an average 22 percent this year, leading to the total
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politicsprepare to share out the additional surplus from this year’s budget, which has been estimated at 380 million euros. Of this, 138 million euros has been earmarked for reducing the amount of tax companies... investment strategy. The system, which represents a major departure from what has gone before, will apply
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Banks enter final quarter with high hopes for bad loan reduction while challenges remain
EconomyBanking, Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1... billion. NBG currently has the smallest amount of bad loans on its books, with the bank reporting... value of 1.8 billion euros. Finally, Piraeus Bank has 1.6 billion euros worth of NPE sales
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBanking-performing credit will stay on the Bank’s balance sheet. The managing entity, Intrum Hellas, has already... noted the extremely slow judiciary process in Greece as a problem. Piraeus Bank has the highest NPE... not carry an investment grade credit rating. The final version of the Hercules scheme has not yet been
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Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
PoliticsGreek PoliticsThe government has submitted its second tax bill to Parliament, paving the way for income... to the International Monetary Fund’s proposals. Over the last few years, the IMF has persistently called... of the tax bill and the extensive coverage the issue has received in the Greek media over the past
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ND and SYRIZA set aside social dividend talk to focus on internal issues
PoliticsGreek Politicswithin the government about how to use this extra cash. Finance Minister Christos Staikouras has... earners and the unemployed), while government spokesman Stelios Petsas has suggested that those burdened... the refugee issue, which has become a dominant theme in the public discussion over the last few months
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Police actions draw attention to ND's law and order agenda
PoliticsGreek Politicsallegations of unprovoked violence. The issue has come to the fore after disturbances on Friday night.... It said it has asked the Citizens’ Ombudsman to investigate these cases. While in opposition, New... and order has been high on the government agenda and the interventions at the Athens University of Business
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ND on spot over police raid but opinion poll ratings provide comfort
PoliticsGreek Politicsand has demanded further information from Citizens’ Protection Minister Michalis Chrysochoidis. “Mr... emerge, pressure is growing on the government for a clear response. So far, there has been no direct... to hold the police, which has a chequered history in terms of excessive use of force and abuse of power
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