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Banks tout ambitious NPE plans to return to European mainstream
EconomyBankingHercules Asset Protection Scheme has run it course this year, the ratio of bad loans will be reduced... their NPE ratios down to single-digits by the end of 2022. On the whole, the banks’ performance has been... has risen 19.4 percent in that period. Piraeus is the exception, with its share price halving since
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Govt ponders Covid measures for Easter as pandemic handling comes in for more scrutiny
PoliticsGreek PoliticsCovid-19 policy, amid growing attacks from the opposition regarding the way New Democracy has conducted... on Monday that the government’s confused approach to the Covid-19 measures has put the tourism sector....” Self-tests Although the self-test scheme has led to dozens of Covid-19 cases, many of them
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ND presents united front at anniversary event, but factional tensions lurk
PoliticsGreek Politicswithin the governing party. PM Mitsotakis has recently found himself at the sharp end of criticism..., however, unfounded. Karamanlis, who has stayed away from the political frontline since losing... policies, a theme he has returned to often since leaving office. Mitsotakis, for his part, focussed
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ND sets sights on pegging back KINAL following sudden rise
PoliticsGreek PoliticsIt has become evident over the past few days that New Democracy is ramping up the pressure on KINAL as the centre-left party has once again become a relevant player on the Greek political scene..., at least) for the time being any possible future alliance with ND – an issue that has been raised
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Leaders explain differing views on how to approach Ukraine war
PoliticsGreek Politicshas traditionally enjoyed closer ties with Moscow than other European capitals and imports around 40... speech that he feels Greece has no choice in the matter because it, like Ukraine, has a larger... the last few months. It has even been suggested that Russia’s invasion of Ukraine could provide
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KINAL leader gains confidence as ND ratings wane
PoliticsGreek Politics, the Cretan MEP has frequently drawn a link with the past glories of the party and its founder... that he was becoming unpopular. Androulakis has been prodded both by New Democracy and SYRIZA... partner in a coalition. Achaia has particular significance as the heartland of the Papandreou
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PM sets out winter relief measures, rules out change to electoral law
PoliticsGreek Politicsalso be made available. Political message Bearing in mind the buffeting his government has taken over the last few weeks due to the surveillance scandal, which has suppressed New Democracy’s poll... and the impact this has had on public opinion, including polls indicating that most Greeks think
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Mitsotakis sets May 21 election date, eyes opposition MPs as potential allies
PoliticsGreek Politics. Mitsotakis has hinted at this idea before, and it is one of the scenarios that has been discussed..., but this is the first time he has suggested it so openly and plainly. His comment suggests... Democracy has not given up on the possibility of gaining an outright majority in a second vote
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Mitsotakis clinches big majority in second election, but small parties could complicate matters
PoliticsGreek Politicsand an anti-abortion movement that has been evident over the last few years. Questions remain about... as leftist. Instead, she has adopted a purely anti-systemic stance, with no policy programme of any... this is unlikely to create problems for the prime minister in Parliament, where his party has
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Mitsotakis starts second term, prepares to name cabinet and launch reforms amid far-right rise
PoliticsGreek Politicsfor his New Democracy party. Mitsotakis has pledged to move swiftly forward with his reform programme... that Mitsotakis has agreed on several changes to the structure of his government before announcing who... to move across to take over at the Foreign Ministry, which has been vacated by Nikos Dendias, who
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