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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBanking, the NPE stock has to be reduced by another 1.7 billion across the remainder of the year. Management... exactly on target. For the full year, the bank has set a target of 17 billion euros, meaning... Liquidity Assistance (ELA) funding has been reduced by a total of 4.1 billion since Q2 to 7.3 billion
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Strike legislation, auctions present Athens with challenges in wake of SLA
EconomyProgrammeand reminded Athens that it still has much work to do before the third review is completed. A eurozone official also played down the possibility of Greece not implementing the pension cuts it has agreed..., the European official reportedly said that Greece needs to stick to the agreement it has made regardless
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Erdogan makes forceful start to visit, catches Athens off guard
PoliticsForeign Policyfor Greece.” Athens, however, has always rejected any discussion that raises the possibility of borders... Union and this treaty is for us non-negotiable,” said Pavlopoulos. “It has no flaws, it does... will lose the main leverage point it has had in its dealings with its neighbour and will need to rely
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PM stands ground on property auctions despite broad concern
PoliticsGreek Politicsthat are of most concern to the government, which has been trying to fight off claims that working... and that anyone who has qualified will be ringfenced beyond this deadline. “The auctions... the homes of low-income owners but Tsipras has so far resisted these calls. The requests have been prompted
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SYRIZA tweaks auction rules to appease MPs, defends clean exit narrative
PoliticsGreek Politicsin the upcoming multi-bill that the government has to adopt in order to complete dozens of prior actions...’s QE scheme. The government, which has had a prickly relationship with Stournaras since 2015... the exit from the programme has been achieved.
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Despite strike law reservations, coalition expects straightforward vote on multi-bill
PoliticsGreek PoliticsMonetary Fund, have demanded but which the current government has managed to block. Speaking... with it. The coalition has highlighted, though, that the measure only affects first-level unions..., where New Democracy has strong support, and Mitsotakis finds himself in a difficult position
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Concerns prompt Athens to dampen optimism as Macedonia name talks begin
PoliticsForeign PolicyERT, he said that that he will offer some proposals to the two representatives but has clarified... diplomat, who has been involved in these negotiations for more than 20 years, said... following former Prime Minister Nikola Gruevksi's resignation, has not changed its rhetoric. In Athens
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Cabinet reshuffle and new bond issue coming up next for Tsipras
PoliticsGreek Politicsthat the third review has been concluded. Zouraris’s departure was overshadowed by the decision... parliamentary group. Her shift across the aisle means that SYRIZA now has 145 MPs and the coalition... has no plan to leave his current political grouping. Bond issues The reshuffle, though, is just one
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Tsipras and Mitsotakis head in opposite directions over talks with Skopje
PoliticsGreek Politicsviews in the neighbouring country is perhaps the biggest obstacle he has to overcome in making any... on during his speech to New Democracy’s political committee on Wednesday. He claimed that Tsipras has made... to address the fact that his coalition partner has a different view to SYRIZA on the matter. Mitsotakis
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Kammenos dismisses talk of coalition rift but maintains Macedonia name objections
PoliticsGreek Politicsby Tsipras to show ANEL that he has other options if the nationalist party chooses to make things..., which has yet to hold its founding congress. They are unlikely to want to have the responsibility... more likely to be after a general election has been held and voters make such an option possible
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