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E.Tsiliopoulos

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Alpha reaches deal to manage red loans

Alpha and Greece's other big banks remain burdened by large problem loan portfolios after a deep recession which pushed the jobless rate to nearly 27%, and they continue to make provisions for impaired credit.

Group claims responsibility for failed bomb attack

A group calling itself "Anarchist Attack Consortium" has come forward to claim responsibility for the bombing attack against a bank in the early hours of December 10 in the northern Athenian suburb of Halandri, that fortunately failed .