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Eurobank acquires Alpha network in Bulgaria, kicking off round of consolidation abroad
EconomyBankingmarkets. Alpha management has indirectly indicated in the past that Bulgaria was not among its core... the past five quarters while the cash coverage ratio has improved by more than 10 percentage points... were also indicated in banks’ medium-term restructuring plans. Alpha has also presence in Cyprus
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Reshuffle of limited scope, ambition suggests elections on horizon
PoliticsGreek PoliticsSkourletis. Skourletis has been moved across to the Energy Ministry, ousting Panagiotis Lafazanis.... Tsipras has repeatedly stated that his priority is to seal an agreement for the third bailout as he believes the imminent threat of a Grexit will not go away until that has been achieved. This means he
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Outcome of next vote on prior actions to set tone for political developments
PoliticsGreek Politicsto be completed before August 20, when Greece has to pay a 3.7-billion-euro bond held by the European Central... to be held once the agreement has been passed through Parliament. The prospect of going to snap elections before the agreement has been clinched seems unlikely given that Greece would probably
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New Greek statistical mapping application launched
Societyof the population, 1991 and 2011 Now, thanks to an internet-based application that has been developed... in Patras has the highest percentage (6.06) of PhD holders in the country, followed by the community..., not one person in the Epirot village of Anavryto – which consists entirely of pensioners – has
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Economic situation biggest worry for Greeks, latest Eurobarometer shows
Societyit as the biggest problem, as opposed to an EU average of 42 percent. Yet, although Greece has the highest...), while 38 percent (+6 percent) said they were neutral, which on par with the EU average. Greece has...) and France (55 percent). Opposition to the euro in Greece has also fallen, decreasing by seven points
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammeof non-performing loans (NPLs) and labour reforms, while convergence has been achieved on other... are not consistent in paying their current or settled tax obligations. Convergence has also been achieved... from its recent level of 23 percent to the previous status of 13 percent has been reportedly agreed
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Tsipras ponders delaying snap elections until debt relief talks start
PoliticsGreek Politicsthat has been cultivated over the last few days is not beneficial, nor does it reflect reality,” she... in which the bailout terms have been agreed, much to most observers’ surprise, that Tsipras has... the government has agreed to and begin to feel the impact. This will especially be the case for particular
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Greece commits to ambitious privatisation targets as part of new bailout
EconomyProgrammeIn contrast to SYRIZA’s pre-election pledges, the government has committed to proceed... billion for investments. The Finance Ministry has recently stated that the new fund would create... million euros. According to the latest list of prior actions sent on July 10, the government has
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These are the bailout deliverables expected from Greece in September
EconomyProgramme” the letter noted. The key deliverables that Greece has pledged in the context of the third Memorandum... as of September 1 has been signed on August 25. 9) Extend the 2015 claw back ceilings for diagnostics.... 20) Ensure that the Hellenic Statistical Authority (ELSTAT) has access to administrative data
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TINA politics and the Greek elections
Agora. New parties are emerging on the left of the political spectrum. His own Syriza party has yet... election, they may also offer something that the Greek electorate has not given up hope on entirely... in Athens. Under these constraining circumstances the field of pro-memorandum parties has
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