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Newsletter 149 -2/02/2018
appear strong enough to kill off any prospect of an irreparable rift developing. However, the question.... According to reports, one of the scenarios being discussed within the government is ANEL MPs abstaining... chief feels that he will kill off any small chance he has of being re-elected by alienating his
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Greek banks' NPL selloff gathers speed
EconomyBankingIn the final stretch for Greece ahead of exiting its programme in August, there is one point... to be the one uniting factor, in that everyone around the table agrees the pile of bad loans... to write-offs and cured loans, another strategy to reduce bad loans is to sell them off in bundles
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Newsletter 175 -21/09/2018
but the concern that agreeing to call off the cuts will create political problems and send a negative... The persisting issue of non-performing loans (NPLs) was one of the key items discussed last week.... Excluding off-balance sheet items, the NPE stock was reduced by 3.8 billion euros quarter-on-quarter (QoQ
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Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammesector employment reforms which if realized could cost as much as 9 billion euros on a one-off... to Reuters indicated that there is disquiet among the creditors about the measures. One source said... expressed concerns about the schemes unveiled on Sunday for taxpayers to be able to pay off their debts
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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek Politics, or whose home is valued at 20 percent of their total debt could have their debts written off in one... will stave off a major social impact resulting from the long economic crisis, as well as the knock-on effect..., the lack of evictions and repossessions was one of the key reasons that the social impact of the economic
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Relief measures being lined up, but PM's eye also on reforms rollout
PoliticsGreek Politicsand 300 million euros will probably be needed to cover the cost of the one-off payment aimed at helping those worse off with the burden of rising prices. If this initiative goes ahead, it is widely expected... or for their one-off pension bonus to rise on retirement. Combined with the scrapping of the solidarity levy
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Second round of local elections deliver worrying results for PM, glimmer of hope for opposition
PoliticsGreek Politicsan unlikely goal, the fact that ND only won one of the remaining six regional governorships...-off ballot, which was held because no candidate gained more than 43 pct in the first round..., such a cooperation is a long way off for now, although SYRIZA official Christos Spirtzis suggested on Monday
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Androulakis shuffles pack in bid to leave SYRIZA behind and close gap on ND
PoliticsGreek PoliticsDoukas, who made it into the run-off vote against Androulakis, will have a say in the socialist party’s policy proposals. Following his comfortable victory in last Sunday’s run-off vote, Androulakis pledged to make changes and to broaden the team around him. One of the criticisms he faced within
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Don't let the facts get in the way of "Argentinology"
Agorain circulation than the central bank has reserves (dollars in this case) so it can convert them one for one. This heavily restricts the money supply. The money press was essentially switched off... Argentina, to Arab Spring Egypt or civil war-torn Syria. In one of those debates Tsipras responded
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Newsletter 20 - 20/03/2015
money market funds) and one-quarter was sent abroad. Before the June 2012 elections, around 60 percent of the huge outflows went off-shore while the remaining 40 percent was kept in Greece. According... in Brussels, where the most recent one took place on Thursday. It is important to point out
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