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European Commission report due to set tone for build-up to March 11 Eurogroup
EconomyProgrammethe state of play with the reforms Greece has committed to carrying out as part of the second post... for unpaid social security contributions, which the government has been working on for the last few... to tackle the pile of NPLs on banks’ balance sheets. The Greek government has sent the plan, put together
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SYRIZA keeps up calls for cooperation but with focus on voters rather than parties
PoliticsGreek Politics) and centrist To Potami. Nevertheless, SYRIZA has no intention of abandoning its efforts to appear... opponents has usually prevailed in the past, and more to do with the fact that the key election battle... that SYRIZA will become the clearly dominant force on the centre-left after the ballot. As such, SYRIZA has
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Wages index up by 4.9 pct in Q4 to reach highest level since 2012
EconomyMacroeconomyin the previous quarter. The index has not seen at this level since 2012 when it stood at 99.9, before dropping sharply to 88.3 in 2013. The index has been above the 90-point mark since Q3 of 2017. The record... 2015 at 85.2. Since its peak, the index has declined by a quarter on the back of the negative impact
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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammeMinister Giorgos Houliarakis has taken part in the Euro Working Group on Monday, when further discussions.... The government insists that it has the right to move ahead since Greece is no longer in a programme... have been a few weeks ago because it has successfully tapped the markets with 5-year and 10-year
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Alpha Bank posts net profits of 53 mln in 2018
EconomyBanking. The bank noted that since 2016, NPE stock has declined by 5.7 billion euros. The quarterly reduction in NPE... funding that the bank currently has on its books. Since 2016, Eurosystem funding has been reduced by 14.9
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Tsipras visits Skopje to highlight name deal positives as implementation work continues
PoliticsForeign Policyis spoken by citizens of my country and this has no relation with Greek Macedonians.” One... scrutinised. Their request has not been denied by the Greek side since as it has been said the Greek school
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Building permits drop by 10.2 pct in Jan
EconomyMacroeconomyincreased by 21.8 percent. Greece’s construction sector has remained subdued in recent years as both... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed..., construction confidence has risen by 7 points.
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Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus
EconomyProgrammewith the pension cuts. The Commission has been open minded and if there is fiscal space... for Greece’s programmes. Although last year’s fiscal space has been taken up by various measures... until 2022. Conservative leader Kyriakos Mitsotakis has suggested that he would first seek to show
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Retail turnover falls by 2.3 pct in Feb, volume drops by 3.3 pct
EconomyMacroeconomy. The headline figure means that the index has remained negative for three consecutive months so far.... As with the retail index, the volume index has stayed negative for three consecutive months. Compared..., consumer confidence has improved notably by 20.5 points.
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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economyagreement in June last year when the parameters for the debt relief were agreed but has kept... its view that Greece has one of the most advantageous debt profiles of all its rated sovereigns... tied to further debt relief measures in the near term and in the future has put in place enough
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