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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingeuros. Other income, which includes trading gains of 212 million euros from hedging instruments was up
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Credit growth at 2.8 pct in Apr, highest in 13 months
EconomyMacroeconomy. Consumer credit was up by 22 million euros, to 8.71 billion euros. Lending to sole proprietors decreased
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Athens bracing for fresh tension with Turkey, sends letter to UN
PoliticsForeign Policya deliberate misinterpretation and has accused Turkey of stepping up hostile actions in the area. “Highly
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Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts
EconomyMacroeconomy, industry confidence is up by 3.8 points. The services index increased by 1 point to 20.4. Services
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Tension with Turkey dominates government agenda at home and abroad
PoliticsGreek PoliticsSYRIZA with 22.6 pct. ND has gained half a percentage point, while SYRIZA edged up 0.1 pct. PASOK
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Deal with Germany over arms to Ukraine irks opposition
PoliticsGreek Politicsthat support for ultranationalist Greek Solution has moved up to 5.3 pct. In the 2019 elections
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ND draws battle lines around universities as tensions flare over reforms and policing
PoliticsGreek Politicsfor several years. The police showed up after the building site was apparently vandalised with sledgehammers
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek PoliticsThe government is mulling further measures to cushion the impact of the cost-of-living crisis as the political temperature rises in the build-up to the next elections, which are due next year but could be held earlier. Finance Ministry officials are reportedly agonising over how the New Democracy
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Greek-Turkish relations at standstill as Athens counters Ankara's claims
PoliticsForeign Policyof stepping up hostile actions in the area. But what seems to have angered Ankara more were several
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OECD lowers 2022 growth forecast to 2.8 pct as challenges mount
EconomyMacroeconomysupport running at least up to May 2022, most of it funded via the green transition fund.
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