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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyfor June balance of payments as well as quarterly unemployment and turnover indices for the service... in Q2 after a revised flat growth in Q1, while it increased by 0.8 percent YoY, after a drop of 0.8... contracted by 0.7 percent in the first half (H1) of 2016, while nominal GDP remained flat. In the course
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NOME auctions: amendments to legal framework for electricity market liberalisation
Legal, introducing an amendment to Articles 7 and 9 of the Forward Products Auction Code (FEPAC). According... liberalisation of the energy market. It is under this premise that FEPAC and its following amendment must..., a limitation such as the aforementioned amendment of FEPAC seems to serve purposes non-compliant with EU
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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingEurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions
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Greeks full of contradictions on ideology and political beliefs, study suggests
SocietyGreeks are a bag of contradictions regarding political ideology and views, with the majority believing “socialism” to be a more positive term than “capitalism” while, at the same time, espousing the classical characteristics of liberalism in valuing “freedom” over “equality”, a new, wide-ranging
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CPI stays flat in December, falls by 0.8 pct in 2016
EconomyMacroeconomymonth. In addition, the goods’ index stayed flat, while the services’ index edged up 0.1 percent... in December after a short-lived drop of 0.2 percent in November. Prices of main groups of goods and services...), miscellaneous goods and services (-1.8 percent) and recreation and culture (-1.5 percent). In more
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBanking-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following.... During the conference call, management reiterated that it expects NII to stay flat in the course... that 500 million of NPEs have already been assigned to CEPAL, the first NPL servicer licensed
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The implications of Erdogan's referendum victory
Agorais that the conservative nationalist ideology embraced by Erdogan and his AKP will further strengthen... amendment) as such a move would formally terminate Turkey’s already moribund accession talks
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomy, while liabilities under direct investment increased by 305 million. The BoG noted that the most... by 348.1 million euros year-on-year and was mainly driven by a rise in the services balance, which rose.... The services balance grew by 14.5 percent off improvements in all subaccounts, and stood at 2.76
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
EconomyThe Greek equity market moved sideways this week, ending almost flat (-0.1 percent), while trading volumes were softer than the previous week. The ESM decision to freeze the implementation of short... on Friday virtually flat from the end of the previous week. Overall, Greek stocks have gained 4.5 percent
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