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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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Over to PMs after progress in Macedonia name talks
PoliticsForeign Policyit – we want it to be part of a comprehensive friendship and cooperation agreement,” said the Greek... the way for the signing of an international treaty with Greece. Greek diplomatic sources insist... in the Greek press, according to which FYROM will be given ample time to approve a deal that will ensure its
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingat 56.1 percent. In the Greek market, negative NPE formation was noted in three out of four main... percent in Q4 2017. The NPL coverage ratio edged up to 70.6 percent. In the Greek market, the NPL ratio... percent of interbank repos are with Greek risk related collaterals. Emergency Liquidity Assistance
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingTest exercise, the results of which were brought forward for Greek banks and published on May 5, the bank reported that Alpha Bank registered the highest ending capital position among Greek systemic banks for year-end 2020, as well as the lowest capital depletion among Greek systemic banks under both
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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomyThe Greek Finance Ministry is due to table to Parliament on Friday the multi-bill that will wrap up... space gives the Greek authorities the opportunity to redistribute the tax burden and address.... However, with private consumption standing at close to 70 percent of Greek GDP is a major defining
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Despite debt deal likely falling short, IMF to retain a role in Greece
EconomyProgrammecertain that this will be in a technical capacity. With the Greek government set to approve the multi... the European lenders have in mind, though, appears to be insufficient for the IMF to activate its Greek... that the IMF at least recognises Greek debt as being sustainable in the medium-term and is willing to remain
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Name settlement triggers intense political battle
PoliticsGreek Politicsdeclared his opposition to the agreement on Tuesday, held a meeting with Greek President Prokopis... New Democracy MP and minister, on the spot as the Greek president has limited powers. Pavlopoulos has..., accused the Greek president of siding with Tsipras. The focus on Pavlopoulos suggests
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