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  1. Piraeus Bank posts net loss of 1.56 bln in Q3
    Photo by MacroPolis

    EconomyBanking

    of employees has been reduced by almost 2,000 YoY to 16,528 at the end of September, while 430 branches have... that a second voluntary retirement scheme is underway targeting 1,200 employees, while the network has retreated by additional 70 branches to 803 in November. Piraeus said it has realised 71 percent

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  2. Waiting for Godot in Greece
    Photo by Harry van Versendaal

    Agora

    of someone named Godot. The current situation in Athens has remarkable similarities with this classic... stakeholders concerned in Athens, Washington, Brussels and Frankfurt. As has become the established roadmap... and its international creditors, the fact remains that yet another evaluation round has underlined

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  3. Greek economic sentiment and consumer confidence up again in November

    EconomyMacroeconomy

    was recorded in June at 104.1 and has eased by 1.4 points since then. However, the year to date (YtD.... Since then, it has been on a mostly upward trend with cumulative gains of 23 points over this 2-year... then, it has been moving upwards with cumulative gains in excess of 26 points to date. Three of the other four

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  4. PM and SYRIZA deaf to calls for compromise over president so far
    Photo by MacroPolis

    PoliticsGreek Politics

    office has repeatedly rejected all talk of any kind of deal, favouring instead what they call... and his premiership might even be put in doubt. SYRIZA has been equally reluctant to consider backing.... Tsipras also knows that many in his party will feel he has sold out if he seeks a compromise

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  5. Samaras softens stance on snap elections as decisive presidential vote looms
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    proposal could have is to isolate SYRIZA as being the sole cause of political instability. It has been... of attempts to bribe MPs so they vote for the government’s presidential candidate. Although SYRIZA has... Haikalis that he was offered financial incentives to back Dimas, it has done so in a somewhat guarded

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  6. SYRIZA's poll lead consistent but parliamentary majority elusive
    Photo by MacroPolis

    PoliticsGreek Politics

    that SYRIZA has 29 percent of voters’ support and New Democracy 26. Interview for El. Typos SYRIZA... that support for SYRIZA has reached 31 percent, while New Democracy is lagging on 25.5. ProRata for Paron... this figure at the moment as most polls indicate that around 1 in 10 voters has yet to make his

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  7. Fitch keeps Greek rating at 'B' but downgrades outlook to negative

    Economy

    . The ‘B’ rating by Fitch was initially assigned on May 23, 2014. Greece also has a ‘B’ rating from S&P... of the other two rating agencies. Fitch notes that political uncertainty has increased Greece’s risks... has moderated its stance since 2012 advocating: 1) Greece to remain in the eurozone 2) Commitment

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  8. Polls continue pointing to SYRIZA victory as new post-election scenarios emerge
    Photo by MacroPolis

    PoliticsGreek Politics

    Going into the last week of Greece’s election campaign little has changed in terms of what... poll of polls has To Potami in third place with 7 percent, followed by Golden Dawn on 6.2..., which looks set to be the most successful of the three potential allies, has set out three

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  9. SYRIZA heading for Independent Greeks coalition, with uncertain consequences

    PoliticsGreek Politics

    below shows, SYRIZA has won just short of 36.5 percent of the vote, with New Democracy on 27.8.... Tsipras is also expected to meet with To Potami leader Stavros Theodorakis but the latter has made... settlement with the eurozone. Since forming the party in early 2012, Kammenos has displayed

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  10. The immediate economic and financial hurdles for the new Greek government
    Photo by MacroPolis

    EconomyProgramme

    The new Greek government has several thorny economic issues to address in its first days in office... as well as interest payments of 1.7 billion. SYRIZA has repeatedly stressed in the recent past... at circa 2 billion. However, since the previous government has exhausted the 15-billion-euro limit

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