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  1. Deadlock at NBG over chairman appointment
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    While it is widely acknowledged that the key challenge for Greek banks going forward is tackling the huge stock of non-performing exposures (NPEs), a new complication emerged over the past few days... a top position in a Greek bank as she was involved in politics in the last five years

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  2. Eurogroup sees possibility of swift review but differences on debt relief remain
    Photo by Fosphotos

    EconomyProgramme

    that followed the Eurogroup meeting on Monday afternoon. He added that the cooperation between the Greek... of the month for discussions with the Greek government ahead of the next Eurogroup meeting, which

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  3. NBG elects chairman, HFSF calls time-out in dispute over management
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Supervisory Mechanism (SSM) of the ECB for holding the post of chair at a Greek bank, since she... since the HFSF became involved in the Greek banking sector as a major shareholder in 2013

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  4. CPI drops at a slower pace of 0.5 pct in October
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) fell at a decelerating pace of 0.5 percent in October after a drop of 1 percent in September, according to data published by the Hellenic Statistical Authority.... The Greek CPI turned negative in May 2013 and the domestic economy has continuously been in deflationary

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  5. Stocks rebound 1.5 pct during week, banks climb 4.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The Greek stock market rebounded 1.5 percent this week after recording losses in the previous two weeks. The positive performance was mainly led by banks, which jumped 4.6 percent following extended... to return to Athens early next week and developments on the upcoming discussions with the Greek

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  6. Building activity rebounds 16.6 pct in Aug, largely due to low base effect

    EconomyMacroeconomy

    Greek building permits rose for the second straight month in August, albeit at a decelerating pace of 16.6 percent, after a stronger increase of 35.4 percent in July, Hellenic Statistical Authority... and 37.1 percent in the January to August period. Today’s figures confirm that Greek building activity

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  7. New round of talks on second review begin with labour reforms high on agenda
    Photo by MacroPolis

    EconomyProgramme

    The second round of discussions between the Greek government and the institutions’ mission chiefs as part of the second programme review is due to begin on Tuesday with three meetings, according... a report setting out the Greek position on labour market issues, as it was initially rumoured

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  8. Central government debt drops to 323.7 bln in Q3 on bond repayments
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to the Greek Loan Facility (GLF) bilateral loans of the first programme, 130.9 billion to the second... in Q3. After redemptions in July, Greek government bonds (GGBs) fell to 56.77 billion in Q3

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  9. Tsakalotos states case for debt relief as New Democracy sharpens up
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Greek politics is gradually returning to normality following the excitement of US President Barack Obama’s visit to Athens and his welcome comments on the need for less austerity and more debt relief..., that the Greek labour market does not need further liberalisation. The government continues to argue

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  10. Athens sees flexibility on fiscal targets, singles out IMF over role
    Photo by Panayiotis Tzamaros

    PoliticsGreek Politics

    comments on the matter were somewhat vague and the interpretation given by the Greek government might... “is not enough to put the Greek economy on a sustainable path.”

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