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  1. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    The Organisation for Economic Cooperation and Development (OECD) released a report on May 15 identifying 3.3 billion euros worth of burdensome regulations in 13 sectors weighing on businesses each year. Over three-quarters of these costs accrue in three...

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  2. National Bank starts 2014 posting net profit of 181 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    National Bank was the second Greek bank after Eurobank, which published Q1 results on May 28. Net profit landed at 181 million from 27 million last year mainly reflecting soaring pre-provision income... income at 438 million in Q1 is mainly driven by cost cutting (down 10 percent), while revenues improved

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  3. Alpha Bank posts loss of 94.1 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    . The key drivers behind cost cutting involve the phasing-in of the new collective labor agreement... end of the market. Like Eurobank and National, Alpha eliminated its ELA funding in May, while

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  4. Newsletter 47 - 16/10/2015

    Newsletters

    adjustment should come from cutting public spending, mainly through reducing the size of the state sector..., particularly for 2015. Eurobank Economic Research projected that GDP would contract 4 percent QoQ

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  5. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    of the domestic banking landscape. At the end of that part, four banks - Alpha, Eurobank, National... private investors. The remainder was covered by the Hellenic Financial Stability Fund (HFSF). Eurobank... in Piraeus and 84 percent in Alpha and National. HFSF stake in Eurobank was 95.2 percent with full

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  6. Clash over refugees in central Athens prompts warnings of far-right resurgence
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    , “pitting one (disadvantaged group) against the other” and “stoking a civil war” between these groups.

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  7. PM cautious about extending compulsory vaccinations
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    PoliticsGreek Politics

    or face being suspended from work without pay would cause too much disruption and would risk pitting New

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  8. Revival of Mitsotakis-Tsipras rivalry points to future developments on political scene
    Image: www.syriza.gr

    PoliticsGreek Politics

    Greece’s growth model, pitting a centre-left agenda of wealth redistribution and targeted public

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  9. How Greece's political system failed to safeguard the largest investment in the country's history

    Agora

    : Alpha Bank, Eurobank, National Bank of Greece (NBG) and Piraeus Bank. First round of recapitalisation... the minimum private investor participation, while Eurobank was fully recapitalised by the HFSF... in Eurobank and 3.96 billion in Alpha. As a result, the HFSF became the dominant shareholder in the banks

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  10. Newsletter 395 - 29/09/2023

    Newsletters

    in the share capital of Eurobank, setting in motion its plan to dispose of its holdings in the four.... The management of Eurobank got the approval of the AGM earlier in the summer for the buyback of the shares... million shares that represent 1.4 pct of the share capital. Eurobank’s AGM had set an upper limit

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