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Newsletter 495 - 20/02/2026
their ground. ELSTAT is due to release the next GDP figures on 6 March. Greece’s statistics service is also... the pillars of the US vision for the strategic relationship, including energy, defence and shipping
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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingAhli Bank of Kuwait for a consideration of 150 million dollars. The bank estimates
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Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
PoliticsGreek Politicsto pay out stipends to thousands of people in the hotel and food service industries who were left without... out in late August a benefit of 534 euros maximum for workers whose contracts had been suspended... in tourism and food service. It argued that the benefit payments that SYRIZA also highlighted are only
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Bridge scheme activated as banks look to avoid second-wave NPL increase
EconomyBankingin the third quarter. The maximum subsidy amount is 600 euros. In the case of non-performing loans... quarter. The maximum grant amount is 500 euros. Loans that are 90 days overdue or terminated also... are also being serviced by doValue which is the largest servicer in Greece and holds a loan portfolio
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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammedifference between the Greek government and the institutions during the 3-day visit of the quadriga...) be deemed eligible for protection. The quadriga appeared willing to discuss the threshold of 120,000... local media that the quadriga’s proposal would protect 17.3 percent of those with housing non
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammean agreement could be clinched by March 25. The quadriga proposed to the Greek government last week.... According to this quadriga proposal, the current tax-free threshold of 9,550 euros would be lowered... tax break. Both the government and the quadriga proposals result in lower tax for those self
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Sharper drop for retail sales in July points to lingering recession
EconomyMacroeconomyperiod, with the average monthly inflow at c400 million euros over this 3-month period. Our
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Retail's downward slide continued with 8.9 pct sales drop in August
Economy, with the average monthly inflow at c400 million euros over this 3-month period. Our understanding
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Shortcomings in healthcare seen at forefront of austerity impact in Greece
Society, with newly unemployed people aged 29–55 years covered for a maximum of 2 years. Rapidly increasing... service providers have scaled back operations, shut down, or reduced staff ; plans for development... in respondents reporting an inability to afford care, or to reach services because of distance. Mental health
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Could reforms have prevented Greece's economic collapse?
Agoraresponse was unlikely.” Even full implementation of reforms with a theoretical maximum impact... purposed to service debt obligations, a collapse in liquidity for firms of all sizes that impeded... felt the pain and even receipts from services, which are considered one of the country’s strong
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