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Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBankingpercent from 51.1 percent in the previous quarter. In the Greek market in particular, negative NPE... figure for the year so far. Also in October, Eurobank became the second major Greek bank to return... QoQ. Greek deposits increased by around 600 million QoQ to 24.3 billion, while the group figure rose
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Coalition battles it out with opposition over ammunition sale
PoliticsGreek PoliticsGreek Parliament debated on Monday allegations against Defence Minister Panos Kammenos... despite a law passed by the Greek government in 2011 demanding that such agreements be conducted... on the matter was from a source that turned out to be another Greek, rather than someone involved in Saudi
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Most Greeks negative about spending power in 2018
SocietyA Christmas survey by Deloitte Greece has found that Greek consumers appear to be the most... 10 European countries. The Greek survey questions 500 consumers about their Christmas budget... on Christmas, Greeks fell in the middle at fifth place, between Germany at 4 and Belgium at 6. Greek
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SYRIZA looks towards bailout finishing line and beyond
PoliticsGreek PoliticsFollowing the vote on the multi-bill on Monday, the Greek government is taking stock of where... not commit further funding to the Greek programme, Athens will be able to convince the European lenders... to the Greek programme. At the moment, it has only approved its participation in the bailout
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Government takes another stab at media regulation among growing scepticism
Societyof the financial crisis has made people more distrustful of public institutions in general, the Greek media must... found that four out of five Greek news bulletins failed to distinguish news from editorial content... Savvidis, has proved an even more controversial figure. The Russian-Greek businessman has been
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Athens, Skopje edge closer to name solution, but much ground still left to cover
PoliticsForeign Policyof translation, which is something that Athens has been seeking. The Greek side is insisting... to be revised. Explaining the reasons that the Greek government is seeking constitutional changes, he.... The Greek side however has not yet publicly stated which articles of the constitution
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Macedonia name talks face stalemate as core issues go unresolved
PoliticsForeign Policy. The Greek side believes that key differences remain over the name, its use and a possible revision... for a possible solution. According to Greek diplomatic sources, this was a significant development... by the Greek foreign minister. Syria Kotzias visited Luxembourg on Monday to participate in the EU Foreign
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Symbolism takes leading role in political developments
PoliticsGreek PoliticsGreek politics has been dominated by symbolism over the last few days, particularly as Greek... country’s coast guard officers removed a Greek flag that had been raised on an uninhabited islet... the dozens of Greek islands whose sovereignty Turkey questions. These developments came as Prime Minister
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Speculation about timing of next general elections intensifies
PoliticsGreek PoliticsThe timing of the next general elections is back on the lips of Greek politicians, with both SYRIZA... elections in September and test whether the Greek electorate will agree with his claims that the country... with the centre-left Movement for Change over a revision of the Greek constitution. The other option
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Bank stress tests find no capital needs, clearing path for MoU exit
EconomyBanking2018 and 2020, under the adverse the Greek economy would shrink by -1.3 percent his year, -2.1 percent... points. The Greek lenders started the exercise with Common Equity Tier 1 (CET1) ratios of 18.25... percent for Piraeus. Under the adverse scenario, the capital of Greek lenders is seen being depleted
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