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Current account deficit increases to 767.4 mln in Oct as service surplus shrinks
EconomyMacroeconomyin the preceding months. According to the BoG, October’s performance reflects a decline in the services surplus... deficit of 2.05 billion euros on the back of a much-improved oil balance. The services balance came... to offset the precipitous fall in the services balance that is worse off by 13.57 billion euros. The total
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Lenders confident of being well-placed to overcome global banking sector turbulence
EconomyBankingand they remain senior to shareholders. In the eurozone the guidance remains that MREL target will have... with such bonds. Piraeus AT1 trades at circa 75 cents and Alpha Bank’s at 82 cents. Piraeus has two MREL senior bonds of 500 and 350 million euros respectively, issued within the MREL context, Eurobank
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Political world unites behind victims of sex abuse, but remains divided over policing proposals
PoliticsGreek Politicssports official has brought unanimous support from the country’s political world and calls... in a magazine interview with a description of an incident in which a senior official in the sailing... of the outcry, Mitsotakis’s party, New Democracy, announced that it was suspending the official accused
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PM sets out case for third term, surveys global landscape and talks up constitutional reform
PoliticsGreek Politicsthe fast‑track visa scheme and open communication channels that allow rapid de‑escalation when... on private universities to ministerial liability and civil‑service permanence — the interview recast.... PASOK also rejected the government’s narrative on civil service permanence, accusing ND
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Newsletter 307 - 10/09/2021
to appoint an official from outside New Democracy. The unusual nature of the appointment also makes it a high-risk one as Stylianides, who is being given fast-track Greek citizenship, will be an easy... by the official inflation data. In August, the CPI rose by 1.9 pct, a number not seen since April 2012. The food
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Does the EU Commission suffer from optimism bias? (Part 2)
Agoraan aspirational growth scenario as the baseline in official EU documents carries risks. It risks..., Fast and Slow,” the psychologist Daniel Kahneman explains that human beings are often “not rational..., or “Fast Thinking,” based on instincts and emotion. System 1 has evolved for survival and immediate
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Opposition intensifies calls for political scalp over failure to avert deadly hooligan clash
PoliticsGreek Politicsgroup of over 100 Dinamo Zagreb hooligans to reach the AEK FC ground in Athens, with tragic... inadequate to intervene. Government officials have been keen to describe the incident as an operational
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In absence of bond issue, coalition ponders next moves
PoliticsGreek Politicsannounced its official position on the Greek programme on Thursday and Standard and Poor’s announces... the opportunity to heap more pressure on the government and make SYRIZA MPs worry even more about.... It has also been reported that there was concern among some Greek government officials that the IMF
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Terms & conditions
No image availablerecently. SUBSCRIPTION SERVICE TERMS & CONDITIONS 1. Description of the services 1.1. We welcome you... of the services that follows before subscribing to the Service. In case they do not agree, they should... to use The Service 2.1. The provision of services by the Company to the users is possible only after
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PM forced to adjust line over deadly train crash amid public anger
PoliticsGreek Politicsit was deemed an attempt to heap blame on the railway official and divert it away from more high-ranking... officials who have spoken to the media about this issue, as well as pro-government commentators and media... previous governments and train officials. It is not clear that a swift probe could adequately ascertain
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