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ND tries to quash refugee backlash, protect strong poll ratings
PoliticsGreek PoliticsThe Greek government has been trying to assuage concerns about the transfer of migrants from... greater order. Nevertheless, the angry reactions in some parts of the country to the transfers has put... 6.8 percent say that their view of the New Democracy leader has deteriorated over the last few
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Watchdog raid strains testy relationship between banks and govt
EconomyBankingcollateral. The Greek authorities would be reluctant to commit to this as nearly 40 billion euros has been pumped in the banking system by the state and it has essentially evaporated during the crisis... of credit to the economy, which has been deleveraging for nearly a decade. As part of the post
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBankingthat it currently has around 5,100 properties under its repossessed real estate portfolio as of Q3, valued... euros in September 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated, with the total now representing only ECB liquidity. YoY, Eurosystem funding has fallen by 9.8 billion
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankinghas yet to be endorsed by the Finance Ministry and has not progressed. The modalities of the scheme...-‘ and the management of the securitisation has passed on to the servicer, who is independent
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Business leaders set out steps to attract skilled Greeks as govt offers wage subsidies
SocietyThe Hellenic Federation of Enterprises (SEV) has released a report on what steps need to be taken... that the migration of these workers has led to shortfalls in skills and modern resources needed by the country... The issue of the brain drain is also being scrutinised by the government, which has just announced
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ND adjusts course after brief outcry over press subsidies
PoliticsGreek Politicsit a few days later after the inclusion of Makeleio, a daily that has repeatedly been accused of racism... announced on Saturday that the decision to allocate the funds would be cancelled. New Democracy has... to newspapers and nobody within the government or the opposition has raised any concerns about a blurring
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Hellinikon runs into another stumbling block as casino tender falters
EconomyFeaturescompany, one of the two bidders for the licence, has objections to the process. Allen revealed that he... that at least Lamda confirmed this week that it has completed its share capital increase, raising 650 mln euros. Another 880 mln euros in financing has been secured from Greek banks, while 150 mln
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FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign Policygovernment feels it has been caught unprepared and needs to belatedly make some diplomatic initiatives... Mitsotakis's visit to Washington on January 7, when he will meet with US President Donald Trump. The US has... petition to the ICJ and Greece has reservations about certain issues in delimitation. In his interview
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ND moves ahead with bill on street protests amid ideological clash with SYRIZA
PoliticsGreek Politicsof the time and route of the march a day before the protest is held. Such legislation has been discussed... the disruption from small protests, which are almost a daily occurrence in Athens. SYRIZA has voiced concern... that would be more in tune with the expectations of middle class, urban voters. Nevertheless, SYRIZA has
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyactions in the East Med and Libya. The Greek government has many times since Tuesday tried to play down... Ankara and Athens. The US side has already recognised on many occasions through the public statements... and stability in the Eastern Mediterranean," it also noted. The US State Department has criticised in the past
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