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SYRIZA goes on offensive over Covid-19 and economic reforms, but internal rifts persist
PoliticsGreek Politicsby the economist Sir Christopher Pissarides on how to revive the Greek economy has provided an opportunity
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Greece grapples with second Covid-19 wave as cases soar
Societythe OECD’s predictions, the Greek economy was set to shrink by 8 percent under a single wave scenario
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Bank deposits rise by 3.32 bln in July
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 3.32 billion euros in July, up sharply from inflows of 448 million in June, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits increased to 151.50 billion euros, reflecting savings
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Credit growth up by 1.5 pct in July
EconomyMacroeconomyCredit movement in the Greek private sector rose by 1.5 percent in July after an increase of 0.4 percent in June, Bank of Greece (BoG) figures showed on Thursday. The outstanding balance increased to 147.58 billion euros. The latest increase is the highest since August 2010, when the rise in credit
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Fire at archaeological site puts govt's crisis handling under scrutiny
PoliticsGreek PoliticsA fire at the archaeological site of Mycenae has become the subject of a heated political debate, raising issues of public trust in the government and the media. The citadel dating to the mid-2nd millennium BC, famous as the seat of king Agamemnon, leader of the Greek expedition in the Trojan war
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PM prepares for low key policy speech as poll suggests support for govt still high
PoliticsGreek Politicssources say that Mitsotakis’s speech will be shorter than is usually the case for Greek PM’s at TIF
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingsecuritisation which reduced their NPE stock to around 15 percent. This now stands as the lowest in the Greek
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Mitsotakis seeks to reassure on foreign policy, spending plans
PoliticsGreek Politicsconsultations. The annual Thessaloniki press conference is a ritual of the Greek political calendar which
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Overdue social security contributions rise to 37 bln in Q2
EconomyMacroeconomythe four main Greek pension funds based on several theoretical collectability criteria. Total overdue
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Covid-19 puts pressure on health system, forces govt into more restrictions
PoliticsGreek Politicscountries, including Israel, which has gone into lockdown again. According to Petsas, the Greek
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