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Mitsotakis pushes for broad consensus after surprise announcement on postal vote
PoliticsGreek Politicswas unexpected, New Democracy has strong motives to move in this direction. One is the party’s strong ties with the Greek diaspora, and the other is its strong base among the older demographics. The party has... to increase democratic participation and provide a strong response to voter apathy. The proposal
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Greek banks' Eurosystem funding down for second month in a row in Feb
EconomyMacroeconomypercent of total Eurosystem funding. In contrast, the ELA funding in February landed at its lowest
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Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010
EconomyMacroeconomyGreek banks’ Eurosystem funding dropped in March at the fastest pace since May 2013. It fell by 7.3 billion in what was the third successive month that funding declined, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure landed at 60.69 billion, its lowest
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SYRIZA stumbles again on way to May elections
PoliticsGreek PoliticsSYRIZA landed itself in more hot water this week with its candidate choices for next month’s local and European Parliament elections, creating more doubt about the party’s credentials. The leftist party has dropped one candidate, another has been forced to step down, while a third may also have
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Piraeus Bank reports loss of 247 mln for Q1
EconomyBankingthe elimination of deferred tax asset (DTA), the fully-loaded Basel III CET1 landed at 11 percent. The latter
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomyfor the second consecutive month in April. It landed at 3.03 percent from 2.81 percent in December
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Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since January 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure landed at 50.66 billion at the end of May, which is the lowest reading since January 2010
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Greek economic sentiment breaks through 100-point mark for first time since 2008
EconomyMacroeconomy, but not steady, trend. In February 2014 it landed at -65.2. This corresponds to a total increase
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomy, arrears stemming from healthcare provider EOPPY headed north in 2014. The landed just shy
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Greek trade deficit up by 21.9 pct in May as exports sink further
EconomyMacroeconomy, while exports landed at 10.65 billion. Excluding oil products, the 5-month imports posted
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