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Why Greece is asking for 1.2 bln back from the EFSF
AgoraFollowing the Eurogroup decision on February 20, Greece returned 10.9 billion (European Financial Stability Fund) EFSF bonds at the end of the previous month. That transaction reduced accordingly... presubscription fee of 555.6 million paid by Greek banks in 2012, b) A 1 percent annual underwriting
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Newsletter 22 - 03/04/2015
to the rollover of 1 billion in 3-month securities issued in January. Since foreign investors were already... negotiating the details of the February 20 Eurogroup agreement and writing to German Chancellor Angela
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ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks
EconomyProgrammeone). Eligible debtors must also fulfil the following criteria: 1) Their annual income should... to 20 percent on the incremental income above the 35,000-euro threshold. Negative take The ECB notes
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New unpaid taxes rising steadily, reach 3.5 bln in Q1
EconomyMacroeconomytarget of 77 million. In an effort to tackle the mounting tax arrears, the Parliament passed on March 20... projected in the reform list sent by the Greek Finance Minister Yanis Varoufakis on April 1, additional
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Newsletter 24 - 24/04/2015
, as well as repayments to the IMF (of 180 million on May 1 and 700 million on May 12) and interest... this determination. The tender, for test drilling in 20 offshore blocks in the Ionian Sea and off southern
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Tsipras upbeat about funding deal but also mulls referendum in case of impasse
PoliticsGreek Politicsthe February 20 Eurogroup agreement. Tsipras said he felt he had assurances that the ECB would not stand... revelations. The key things to take away from the show are: 1. Referendum: Tsipras ruled out the option
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingemployees, while the network now stands at 1,024 branches reflecting the addition of 20 Citibank... Equity Tier 1 (CET1) ratio fell to 13.1 percent in Q1 from 14.3 percent in Q4 reflecting the tax
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Newsletter 28 - 29/05/2015
indicate that a surplus of around 1 percent will be agreed for this year, 1.5 for 2016 and 3.5... in the repatriation of deposits close to 600 million and public revenues below 20 million euros, while
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Greece makes new proposals in search for deal acceptable to lenders and MPs
PoliticsGreek Politicsoffer would still be short of the target of 1 percent put forward by lenders last week. For 2016... currently stand at around 20 billion, of which 9 billion euros are outstanding from the first programme
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Greece submits proposals to lenders in hope of paving way for agreement
EconomyProgrammeto cover potential fiscal shortfalls: 1) Increase the tax rate on income for rents with additional... 2016 for the top 20 percent of beneficiaries ยท freeze monthly guaranteed contributory pension limits
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