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Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingscheme. The process is expected to be completed by the second quarter of the year... percent of its total loan portfolio by the end of this year. As of the latest reporting figures released
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PM takes to stage in Davos as migration worries persist at home
PoliticsGreek Politicsdue to be introduced later this year, the rehabilitation of the Public Power Corporation, the partial... multiple pledges to tackle the problem have fallen by the wayside. Less than a year ago, SYRIZA
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ND vies for more support on migration, gets tangled up in football controversy
PoliticsGreek Politicsstaff in 2019. Last year, EASO committed 27.5 mln euros to support its operations in Greece. The amount is due to rise to 36 mln euros this year. The announcements were made as the new Migration
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New minister sets out plan for addressing migration challenges
PoliticsGreek Politicsseekers from the islands since last year, the government’s aim is to now pick up the pace at which... that came to Europe last year landed in Greece. It adds that the numbers represent 0.7 pct of Greece
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Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
EconomyMacroeconomymechanism that will allow the transfer of fiscal over-performance from one year to the next and of the SMP... upgrades by the end of next year. Investment grade is now two notches away following Fitch’s upgrade
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ND steps up efforts to build island detention centres for migrants
PoliticsGreek Politics60,000, were almost double last year compared to the previous two years. The government has already... in January. Last year, New Democracy pledged to send back 10,000 people by the end of 2020, a target
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Strong performance of 15-year bond bodes well for market strategy
Economy. If this positive mood persists it seems highly likely that the PDMA will try to implement its full-year funding... Fund. Following on from last year’s early repayment, Athens is considering pre-paying the 2021 IMF
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Rise of exports slowed in 2019, with goods suffering dip
EconomyFeaturesGreek exports appear to be undergoing a slowdown according to the latest export figures available, showing that in 2019, exports of goods grew by only 1 percent year-on-year (YoY). According to data from the Hellenic Statistical Authority (ELSTAT), exports of goods in 2019 totalled 33.80 billion
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Government and local authorities reach impasse over migrant centres
PoliticsGreek Politicsmillion euros of funds to the communities hosting detention centres, 150 euros per year for each migrant... for a three-year period, while hinting that the government was ready to address local demands
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Employment balance negative by 17,318 in January
EconomyMacroeconomyThe employment balance was negative by 17,318 in January according to data from the Labour Ministry’s Ergani information system. Compared to the same month last year, there were 5,015 more people... year except for 2014. Total hirings came to 177,632 versus 194,950 departures. Around 59 percent of all
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