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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingmillion euros. This was being postponed until more favourable market conditions manifested. The bank might... indicates that non-binding bids must be received by December 10, and binding bids by the end of February
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Newsletter 193 -08/02/2018
on the lenders’ side about Athens’s decision to extend for another six months, until the end of June... received one binding offer for the Melitis unit in Florina from Mytilineos which was reporte five times... in a binding offer for either unit after deciding that the structure of the deal and the share purchase
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Move to legislate on climate change offers opening to bolster environmental laws
PoliticsGreek Politicsabuse to retain custody of their children until they have been convicted by a court of first... of binding legislation such as that already adopted by twelve other member states. Mitsotakis stressed... binding emissions targets for the country as a whole and for the public sector, as well
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ND tries to swerve fresh graft claims as EP scandals, phonetapping hang over budget debate
PoliticsGreek Politicsin recent months, compared to a significant lead held by the government up until the end of 2021... Francesco Giorgi, sought to take responsibility for the findings of the investigation by Belgian... the findings from recent soundings which show that voters are unhappy with ND’s performance in improving
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Parliament starts debating censure motion as poll captures falling support for government
PoliticsGreek Politicsthe opposition parties over timing, tactics, and even the wording of the motion right up until... populist forces. Some of the qualitative findings will make even more dire reading... concerning findings, 67.7 pct of respondents said the government had lost its legitimacy
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Snap elections in Greece bring state's liquidity constraints into focus
Economybillion euros for Q2. There are no bond redemptions until June, while bonds worth 6.7 billion euros held... these circumstances, the Finance Ministry (MoF) is reportedly considering alternative funding... and the extraordinary T-Bill issues needed to bridge the funding gap. According to the latest MoF
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Newsletter 155 -16/03/2018
on the DSA because our DSA runs until the year 2060, and whatever measure is initiated to strengthen... percent. Eurosystem funding drops by 4.58 bln in Jan Banknotes in circulation fall after rising in previous month Compared to January 2017, Eurosystem funding declined by 33.92 billion euros. Greek
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingis targeting a further NPL reduction of 5.7 billion euros until the end of December 2019 to take... by funding improvements which mostly reflect the bank’s participation in European Central Bank’s... Emergency Liquidity Assistance (ELA) reliance and the calendar effect. Funding costs were down by 25 million
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Newsletter 187 -14/12/2018
workout extended by another year, until the end of 2019. The Economy Ministry is said to be working.... Eurosystem funding falls by 978 mln in Nov Banknotes in circulation increase for fourth consecutive month The composition of funding for revealed that for a sixth consecutive month, ECB funding made up
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Newsletter 111 - 17/03/2017
until the full details of such a settlement are known. A comment by Interior Minister Panos Skourletis... in the previous three quarters. Eurosystem funding falls for 20th month in a row ELA funding increased by 330 million in February Greek banks’ Eurosystem funding fell for the 20th successive month, albeit
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