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Coalition warms to option of Kouvelis as president but success not guaranteed
PoliticsGreek Politics. As things stand, New Democracy has 125 MPs and PASOK 27 – a total of 152. DIMAR has 11 lawmakers
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankinghas committed to disbursements of 3 billion corporate loans in the domestic market in 2013..., the management stressed it has committed in its restructuring plan approved by the European Commission
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PASOK marks 40th anniversary by baring its split personality
PoliticsGreek Politicsbut there appears to be little mood within the party to celebrate the occasion. It has been clear.... However, it was the reception that the two rivals received on Monday that has renewed the discussion
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Sudden jump in unpaid taxes last month takes total to almost 70 bln
EconomyMacroeconomyhas been increasing by an average of 1.24 billion per month in 2014. In addition, the 8-month... year, the target has been set at 25 percent, with the year to date rate at just over half the target
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Greek deposits up 0.6 pct to 164.23 bln in August, which sees year's highest inflows
EconomyMacroeconomythat has returned to Greek banks corresponds to only a fraction of the 89-billion-euro outflows that had... of Greek banks on Eurosystem funding has been reduced by close to 30 billion euros (circa 40 percent
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Troika leaves with key issues pending and clock ticking for coalition
PoliticsGreek Politicsof the labour market have not been discussed at all. The government has drawn so called “red lines.... The conclusion of the review and the start of debt relief talks (the eurozone has said the second
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Deflation rises again in Greece: CPI down by 0.8 pct in September
EconomyMacroeconomy(-1.3 percent). The headline figure turned negative for the first time in March 2013 and Greece has... posted in 2013, for the first time in more than 45 years. A slight inflation of 0.3 percent has been
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Confidence vote debate sets tone for Greek political clashes to come
PoliticsGreek Politicsthe debate on the government’s behalf on Wednesday. This immediately riled SYRIZA as Voridis has... Transport Minister Michalis Chrysochoidis, with whom he has had previous clashes. The government
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Greece changes banks' DTA conversion law to secure ECB/EBA approval
Economy, while the proposed model is in line with that of Portugal, which the European Central Bank has... (annual) profit loss. For example, if a bank has a capital of 10 billion, of which DTC is 2 billion (20
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Greek coalition stands by early bailout exit plans despite fresh blows on bond, stock markets
PoliticsGreek PoliticsThe task of putting a brave face on what has been a disturbing week for the government and its hopes of exiting the troika bailout early fell to Finance Minister Gikas Hardouvelis on Thursday...." This indicates that the market reaction has not yet deterred the Greek government from pursuing its goal
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