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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingbillion euros. The creation of Eurobank’s SPV is anticipated to greatly speed up NPE reduction
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammeauctions have picked up, the Commission noted that “a large share of auctions (approximately two-thirds
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Mitsotakis focuses on investment and taxes as ND launches election campaign
PoliticsGreek Politicsthe next government will act to fight bureaucracy and free up investments. Apart from the discernible
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Athens approaches Albania's political crisis, EU process with caution
PoliticsGreek Politicsthe self-evident condition that applies to all countries up for accession, that it will meet all
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Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek Politicsbackfired on the government, which has been accused of trying to set up its political rivals for political
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Mitsotakis aims to pass key legislation in Sept if ND wins elections
PoliticsGreek Politicsof the Greek state and economic conditions. Other bills being lined up will reportedly deal
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Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomyrevealed that ECB funding made up 100 percent of all funding for a second month, having overtaken ELA
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Current account deficit drops in April on improved goods and services balance
EconomyMacroeconomyperiod edged up by a slight 0.5 percent. Travel payments showed a rise to stand at 884.8 million, from
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Primary cash balance at surplus of 438 mln in May
EconomyMacroeconomy. The aggregate figure for the first five months of the year showed that revenues edged up by 42 million
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Consumer confidence at highest since January, economic sentiment stable
EconomyMacroeconomyGreece’s economic sentiment (ESI) edged up by 0.2 points in June to 101 points, European Commission (EC) figures showed on Thursday. As of June’s reading, the index has remained above 100 points for five consecutive months. Barring January’s reading of 99.6, the index has also remained above 100
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