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National Bank starts 2014 posting net profit of 181 mln in Q1
EconomyBankingNational Bank was the second Greek bank after Eurobank, which published Q1 results on May 28. Net... within Q1 and a further 3.5 billion since then to 14.5 billion in May from 20.7 billion at the end... of 2.5 billion completed in early May and including capital actions of 1.04 billion that have been
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To Potami takes next step in mission to become key political player in Greece
PoliticsGreek Politicsin the European Parliament elections on May 25, the party’s result of 6.6 percent was still impressive given its... (Recreate Greece) have threatened to break through but have not managed it. In the May 2012 national... congress are further indication that Theodorakis’s mission may not be in vain. Kaminis and Boutaris were
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Political tremors shake Spain, overshadow economic progress
AgoraIf you had asked any Spaniard in May what might be the hardest thing to change within the country’s... insufficient to signify a solid recovery. In May, the jobless rate dropped 2.3 percent, nearly 112,000... in May. Analysts have agreed that unemployment in Spain is stagnated in what has been called
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Greek PMI falls to 49.4 in June, lowest since November 2013
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 1.6 points to 49.4 in June from 51.0 in May, according to Markit... in incoming new work. The latter had posted a rise in the preceding six months and grew solidly in May... heading south, while post-production inventories dropped at a solid rate, although slower than in May
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Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP
Economytaxes, which reached 66.4 billion at the end of May, and unpaid social security contributions (SSC... stood at 5.2 billion euros in May. This corresponds to an average monthly new tax debt of 1.04 billion... of fines and creditor’s participation in the company’s share capital. In addition, creditors may also
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Greek gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP
Economyat 321.66 billion at the end of May. The evolution within 2014 incorporates a net decrease in the long... posted in May. The change in long-term loans stems from the last tranche of 6.3 billion from Greece’s...-term loans, which was zero until March and then reached 4 billion at the end of May, is most likely
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SYRIZA's weak foreign, defence policy credentials a vulnerability
PoliticsForeign Policyability to handle such sensitive policy areas. Perhaps aware that the government may seek to highlight... of the European Union’s handling of Russia. The SYRIZA leader visited Moscow in May and his party has been... Exclusive Economic Zone (EEZ), Tsipras may be called on more consistently to clarify his party’s defence
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Newsletter 5 - 28/11/2014
of the current bailout programme with the EU, which officially expires at the end of the year, may be needed... is flying the kite that a short extension of the bailout may be needed for technical reasons. programme... Democracy, may not be over. The Socialists are threatened by a split that has been caused
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2014 is not 2012
Agora’ senior bondholders. In May 2011, he sent out a similar letter to Greek Prime Minister George Papandreou... dependency peaked in May 2012, the month of the first round of general elections, reaching 124... naturally reduced their ELA dependency until it was entirely eliminated in May this year. Greek banks have
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To Potami aims for rapid rise to third spot in Greek elections
PoliticsGreek Politicsliberal parties in Greece. It was well received in the May European Parliament elections, receiving... to a broad audience. Drasi gained 1.8 percent in the May 2012 elections and teamed up with another liberal... gained 2.15 percent in the May vote but the two parties together failed to pass the 3 percent
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