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First visit by quadriga to Athens leaves series of issues unresolved
EconomyProgramme. Labour Minister Giorgos Katrougalos presented to the quadriga the key pillars and measures...The first visit of the quadriga mission chiefs to Athens after the signing of the third bailout... forecasts, with the quadriga aligning its estimates with the Greek government’s, which points to a milder
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Newsletter 49 - 30/10/2015
Three pending issues Government and quadriga have yet to agree on some prior actions After the three-day trip by the quadriga mission chiefs to Athens on October 21–23, the first visit since... (increasing by 25,000 euros for each child) and with an annual income up to 35,000 euros. The quadriga has
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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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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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Greek coalition left with bailout exit conditions it wanted to avoid
PoliticsGreek Politicsat the back burner – all factors that the coalition wanted to avoid for domestic reasons. Eurogroup..., appear short of what the government wanted to boost its chances of winning over enough MPs to emerge
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Greek banks' equity raising could keep official support to a minimum
Economyprovide capital support in the form of common shares (25 percent) and contingent convertible securities... the official capital support to the lowest possible level. This appears a relatively feasible task... to LMEs and at least 6.2 billion from share capital increases, meaning that the official support could
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economythe support package that Prime Minister Kyriakos Mitsotakis announced on Saturday at the Thessaloniki... billion euros, out of the total 13.2 billion euros energy support package. This was split between 4.1... of extraordinary support, 1.1 billion euros of which is related to the energy crisis. The Finance
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Bond issued for capital support of Greek banks in 2009 reaches maturity
Economyof Understanding with the troika, the Greek government passed a bank liquidity and capital support bill (Law 3723/2008). This consisted of two pillars: The first related to capital enhancement of up... billion euros. The capital support for banks was implemented as a capital increase with the issue
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Government tries to purge police of Golden Dawn influence as poll shows support
PoliticsGreek Politicsthe threat to democracy posed by Golden Dawn. In the same survey, 55 percent of respondents wanted firm action to stop the party’s illegal actions and almost 32 percent wanted Golden Dawn... of the stabbing. The extremist party garnered support of 5.8 percent, compared to 8.3 percent in a survey
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Samaras, Venizelos suggest EU support for Greece to continue after tough week on markets
PoliticsGreek Politicshe made on Friday, indicating that Greece would need further support from the EU but wanted to avoid... support. This week events appear to have forced Prime Minister Antonis Samaras to clarify his... of precautionary support upon leaving the International Monetary Fund part of its program, which is meant
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