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IMF consultation report pinpoints health of Greek banks as central to growth
EconomyBankingtake up by banks and borrowers. At the same time, liquidations of non -viable companies have... Greece closer to the euro area average by end-2021. Banks should build and clean up capital
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Focus shifts to DSA, fiscal targets after IMF loan prepayment
EconomyProgrammeprepayment had a payment schedule up to 2023 that started at 2.35 billion euros in principal... will strengthen its case as it prepares to step up negotiations with the eurozone over the possibility
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PM aims to maintain pace of economic reforms as public worries about migration
PoliticsGreek Politics’s cabinet meeting, where Prime Minister Kyriakos Mitsotakis urged his ministers to keep up the pace.... The fact that there is resistance from SYRIZA helps ND contrast its swift move to tidy up and privatise
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Car sales rise by 12.5 pct in November
EconomyMacroeconomyrose by 12.3 percent with the absolute figure standing at 12,876. The remainder was made up... period, totalling 175,725. The remaining sales in the first eleven months were made up of motorcycles
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Spree of media deals puts spotlight back on ownership issues
Societyin the wake of the previous SYRIZA government being accused of failing to live up to its pledge to clean up the sector and improve transparency, and the current New Democracy administration facing
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BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
Economyeuros up to the end of September mainly due to sales and write-offs, to 71.2 billion and an NPE ratio... services growth. Imports will also rise, as domestic demand picks up and exports grow, due to the heavy
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ND moves ahead with bill on street protests amid ideological clash with SYRIZA
PoliticsGreek Politicscontinued flagging up what it believes are cases of improper behaviour by the police. The latest... was on crutches, being dragged out of the police station and a policeman then picking up a hose
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicsthat main pensions could increase by up to 200 euros per month in some cases, while the average rise... believes that Greece’s improved growth and debt sustainability prospects will back up its argument
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Criminal justice system deemed too weak to fight corruption
Societyto 50,000 euros, while the current legislation lowers the penalty to imprisonment of up to three years... regarding misdemeanours punishable with up to three years’ imprisonment. “This measure may further
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In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
PoliticsGreek Politicsafter the meeting, suggests that - up to this point – Mitsotakis’s visit to the US was a good... took this matter up with International Monetary Fund managing director Kristalina Georgieva, who he
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