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Mitsotakis steps up pressure on voters to avoid July 7 letdown
PoliticsGreek PoliticsOpposition leader Kyriakos Mitsotakis has increased the pressure on voters to back his party... that this is not what Greeks want.” In the same interview, Mitsotakis said he has a clear idea about who... also insisted that New Democracy’s economic programme has been “strictly costed” and that the new
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Mitsotakis, ND officials rebuff suggestion of credit line
PoliticsGreek Politicsthe credit line and as a result the trust in Greece from the international markets has reached high levels..., with the potential of upsetting some voters in what has been a low-key election campaign, shadow... be a big risk for the new government to sign any agreement involving conditionality, even if it never has
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Building permits increase by 14.6 pct in April
EconomyMacroeconomypercent. Greece’s construction sector has remained subdued in recent years as both private and public... and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017..., construction confidence has fallen by 7.7 points.
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Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Economy’s debt managers note that this is the first time since 2010 that the country has managed three.... Both the coupon and yield are the lowest the country has achieved for a euro-denominated benchmark... to the final orderbook exceeding 10 billion euros. This was the highest Greece has reached since its return
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ND prepares first three bills for votes before Parliament's summer recess
PoliticsGreek Politicsin their first six months in power. The first bill is due on Wednesday and has to do... of incompetence against the previous government. Mitsotakis has made it clear that he attaches great... that the emergency services are better prepared for such disasters in the future. The government has already
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Amid clash over watchdog, ND expects reforms to deliver more effective governance
PoliticsGreek PoliticsCourt president Vassiliki Thanou as head of the Competition Commission. This has been tagged onto... heading the watchdog. Thanou, who has been in charge of the commission for several months, previously... the opposition’s questions and insisted that Kontoleon has the necessary qualities for the job. He did
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Building permits increase by 7.4 pct in May
EconomyMacroeconomyvolume increased by 21.8 percent. Greece’s construction sector has remained subdued in recent years... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed... month last year, construction confidence has fallen by 2.3 points.
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingpercent to 645 million euros. Asset quality Overall, Piraeus Bank has the highest NPE stock on its... and NPL stocks of 11.1 billion. NBG currently has the smallest amount of bad loans on its books... gross book value of 1.8 billion euros. Finally, Piraeus Bank has 1.6 billion euros worth of NPE
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Wages index up by 2.2 pct in Q2 for ninth straight increase
EconomyMacroeconomyin Q1. As of the current quarter, the index has been above the 100-point mark since Q1 of 2017, equal to nine consecutive quarters. It has also stayed above the 105-point mark for four consecutive..., the index has declined by a quarter on the back of the negative impact of the internal devaluation on wages
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Building permits increase by 4.7 pct in June
EconomyMacroeconomyincreased by 21.8 percent. Greece’s construction sector has remained subdued in recent years... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed... to the same month last year, construction confidence has increased by 2.2 points.
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