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Athens hopeful of clinching SLA after progress in creditor talks
EconomyProgrammeto the income criteria used to determine the granting of benefits. The Greek side wants to increase... some of the funds left over in the Greek programme to buy out the more expensive loans that Athens has... decision on whether to join again the Greek programme with new funding. “It's something that would
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingsegment (+9 million). Overall, the Greek NPL stock fell to 18.5 billion euros in September, landing...). The bank noted that their tangible book value stood at 9 billion euros, the highest among their Greek... analysts note is the best among Greek banks. Alpha Bank’s CEO Demetrios P. Mantzounis said
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Erdogan ends trip with softer tone, consensus on refugees
PoliticsForeign PolicyTurkish President Recep Tayyip Erdgogan concluded his visit to Greece on Friday as the Greek... president also told members of the community in Komotini that they are Greek citizens and should... is not fully respecting the rights of the Muslim community, he insisted that Ankara has no designs over Greek
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Thessaloniki Port Authority contract signed, Hellenikon takes another step
EconomyProgrammefor the Greek state. Another positive development on the privatisations front was that the redevelopment... are to receive the approval of Greek Parliament and the Competition Commission. Both developments are significant for the Greek government, which faces the task of raising 2.74 billion euros
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Credit contraction unchanged at 0.9 pct in November
EconomyMacroeconomyCredit contraction in the Greek market remained stable at 0.9 percent in November, unchanged from... October. The balance fell under the 23-billion-euro mark and came to 22.81 billion. The Greek market... exposures (NPEs) remains a challenge for Greek banks. NPEs currently stand at around 50 percent
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Deposit inflows of 272.9 mln recorded in November
EconomyMacroeconomyThe Greek banking system experienced positive inflows of 272.9 million euros in November, compared... (ELA) came on December 14 when it was announced that the ELA ceiling for Greek banks would... situation of Greek banks, taking into account private sector deposit flows,” the BoG noted.
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Concerns prompt Athens to dampen optimism as Macedonia name talks begin
PoliticsForeign Policy,” Dimitrov said. This explains what the Greek Foreign Ministry said in its announcement following... readiness to visit Athens in January but the Greek government is sceptical about whether such an initiative... Ministry are against the creation of an overly optimistic atmosphere in Athens. The Greek government
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HRADF outlines major privatisation plan, no timelines given
EconomyProgrammefor any Greek government to date. They include the sale of a number of properties, several long-term... is Hellenic Post (ELTA),which is 90 percent owned by the Greek state. The concession agreement... Property, the Ministry of Finance, the Gaming Supervision and Audit Committee, the Greek parliament
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Tsipras and Mitsotakis head in opposite directions over talks with Skopje
PoliticsGreek Politicsconciliatory approach. Tsipras is also aware that the Greek public’s concerns about irredentist... agreement palatable to his domestic audience. For the Greek prime minister, it is vital that he... policy that is deemed as potentially expansionist or an attempt to snatch parts of Greek history
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Credit contraction remains at 0.9 pct in December
EconomyMacroeconomyCredit contraction in the Greek market remained unchanged at 0.9 percent in December, staying... and came to 22.25 billion. The Greek market has been experiencing a contraction for the last six... of the stock of non-performing exposures (NPEs) remains a challenge for Greek banks. NPEs currently
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