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Opposition tries to pin government down over last year's Plan X
PoliticsGreek Politicswith the so-called Plan X that former Finance Minister Yanis Varoufakis worked on during the first half... a range of government officials, Plan X was never intended as a blueprint for Greece to follow... an institutional role. The government’s assertion that Plan X does not hide any dark plans
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Newsletter 496 - 27/02/2026
will secure a third term, implying an expectation of coalition‑building rather than a solo victory...%, and Interview places it at 12% and 13.8%. These numbers point to stagnation rather than momentum... between 6 and 11% across the polls, confirming their durability. SYRIZA, by contrast, remains stuck in low
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Reflections on Greece's balance of payments
Agora: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign
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Greek trade deficit up 6 pct in April despite growth in exports
EconomyMacroeconomyGreece’s trade deficit increased for the second successive month in April, when it rose by 6... and imports by 5.9 and 6 percent respectively. In particular, exports advanced for the second... by 1.8 percent compared to a rise of 6 percent for the headline figure. It is noteworthy that in US
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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankingPiraeus Bank’s fourth quarter (Q4) results showed a net profit of 12 million euros from continued... billion. Interbank repo balances stood at 1.5 billion in December 2017 compared to 6 billion at the end... As part of the new IFRS 9 implementation Greek banks are expected to increase provisions by roughly 6
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Newsletter 417 - 22/03/2024
project, which was not completed when the Tempe crash occurred just over 12 months ago. On Wednesday..., the main reason why they did not expect another upgrade so soon, as the stable outlook requires 12 to 18... in the domestic market increased by 6 pct, while the non-domestic market was down by 0.6 pct. On a monthly
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Stocks climb 6 pct during week, propelled by 16.6 pct surge by banks
EconomyPositive sentiment prevailed in Greek stock market this week, leading to strong gains of 6 percent... 12. During the last four weeks, banks stocks have soared 18.8 percent. Their performance so far this year has turned positive (+6 percent). The top performers this week included the four core banks
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingPiraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter. Pre-provision income (PPI) rebounded by 12 percent quarter-on-quarter to 258 million, attributable to a 13 percent drop in operating expenses and offsetting a decline
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBanking) increased 4 percent YoY to 2.36 billion. Net fee income increased by 12 percent to 427 million... euros, up by 6 percent YoY. Balance sheet Group deposits amounted to 57.6 billion euros in 2024
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Newsletter 52 - 20/11/2015
for an increase in the healthcare contribution for pensioners from 4 to 6 percent for main pensions and from 0 to 6 percent for supplementary pensions, with targeted annual revenues of 854 million or 0.5... of the main pension funds, cutting supplementary pensions by 6 percent on average due to the implementation
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