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Banks make steady progress on improving balance sheets via securitisations
EconomyBankingand project Terra of property sales valued at 1 billion euros, Alpha Bank has project Skyline for property development and NBG has a second round of Frontier, worth 1.5 billion euros.
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Minister discounts lockdowns, vaccine mandate extension amid Covid surge
PoliticsGreek PoliticsHealth Minister Thanos Plevris has once again denied that the government plans to impose horizontal restrictions or extend the vaccination mandate to combat the surge in cases of Covid-19... has four times the population. Media noted that the last time Thessaloniki surpassed Athens
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Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
EconomyMacroeconomyof October. This is the second year on the bounce that the government has tabled a final budget... in 2022, as support initiatives come to an end. The Finance Ministry has identified the total fiscal
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Public sector hires under scrutiny again with more in the pipeline
PoliticsGreek Politicsprogramme in August 2018 the number of public sector staff has increased by 2.6 pct, with the bulk of the increase seen in temporary staff, which grew by 24.5 pct. The increase has been reflected
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Papandreou boasts strong backing as KINAL gears up to elect new leader
PoliticsGreek Politicsparty will gain a bonus number of seats but could still lack a majority in the House. Loverdos has... rivals has not previously served in government, suggested that what he offers the party is something
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GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
EconomyMacroeconomyquarters of the year that economy has grown by just short of 9 pct. In Q3 of 2020, GDP had dropped by 11 pct annually through it has grown by 5.6 pct on a quarterly basis as Greece had exited the first
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SYRIZA maintains pressure over Covid treatment, media handouts
PoliticsGreek Politicsthe allegations from unionists, the issue has come to the fore recently due to claims about certain...’s messages. SYRIZA has pointed to Documento’s exclusion, as well as the inclusion of seemingly
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Mitsotakis confronted by show of strength from church, turns attention to post-wildfire reconstruction
PoliticsGreek Politicsthe latest wave of Covid-19, and an area in which the church has hitherto played an ambivalent role... that it is actively working to help them recover from the fires and that it has an ambitious plan
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Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
EconomyMacroeconomy, the largest portion, 170,400, has not worked for more than four years. Most of the employed are working... percent. Part-time employment has increased by 6.1 percent compared to Q2 2021 and by 5.8 percent versus
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Government U-turns again to tighten Covid measures over Christmas
PoliticsGreek PoliticsIn its latest about-turn on public health policy, the Greek government has announced a new raft of measures with immediate effect, aimed at slowing the spread of the Omicron variant in the country..., it was reported that the new variant has been detected in the wastewater of Thessaloniki, raising
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