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PM offers uniformed personnel bonus as surveillance bill attracts more criticism
PoliticsGreek PoliticsOpposition parties have accused Prime Minister Kyriakos Mitsotakis of blatant electioneering after he announced on Tuesday that all those serving in the police and coast guard would receive a 600-euro bonus at the end of the year. The fact that the announcement came just a few hours after
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Resignations over EU subsidy scandal deliver new blow to PM, further tarnishing image
PoliticsGreek Politicsthe theory that this was an organised and fairly blatant corruption scheme, that forced the hands
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingas well. All three portfolios have received binding offers. P&L Net interest income (ΝΙΙ) fell by 4... bps. Eurosystem funding remained at 2.3 billion in Q4, unchanged QoQ. As of the end of 2017, NBG had fully eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... noted that a binding offer had been received for the sale of the 600 million euro portfolio code.... Other impairments stood at 18 million compared to 7 million in Q2 2019. Balance Sheet Eurosystem funding
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankingtransactions, the bank said that it had received two binding offers for the Galaxy securitisation and have... funding mix. On an aggregate basis, NII came to 1.15 billion euros, edging down by 0.6 percent YoY... the lower wholesale funding and deposit cost. The Net Interest Margin (NIM) remained stable QoQ at 2.3
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Newsletter 59 - 22/01/2016
. The next privatisation projects include the submission of binding bids for the full sale of rail... billion in March. This would boost state funding in a critical month for debt obligations, when... having adopted the bailout and agreed to implement it, appears to be having a binding effect. Tsipras
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Newsletter 74 - 20/05/2016
and Eurobank announced they have reached a binding agreement with KKR for the management of NPLs... funding. The vote on Sunday represents the final hurdle that the prime minister has to clear... of provisioning, thus binding up valuable capital that could otherwise be lent to the real economy. Two
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Govt Covid record questioned, as report highlights disparities in hospital death rates
PoliticsGreek Politicsthe original findings, but indicates a worsening of the situation during the Delta and Omicron waves... under fire for ignoring the findings, with Prime Minister Kyriakos Mitsotakis appearing to deny their existence. The updated study not only confirms the initial findings, but indicates that the risk
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBanking, has attracted strong interest. The first two phases were completed in March and binding offers..., with the Greek cost of risk for Q1 coming to 160 bps over net loans. Balance Sheet Eurosystem funding... Assistance (ELA) funding dropped to 2.1 billion in March, falling by another 1 billion euros in mid May
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeatureschange mitigation remains strong, with the EU parliament recently voting for a legally binding target... as funding assistance. However, the lion’s share of funding for construction will ultimately have to come from the private sector. To date, private sector enthusiasm for funding the project has been
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