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Newsletter 37 - 31/07/2015
sales had dropped 10 percent. This reflected a nosedive of 70 percent in retail sales (excluding food... with salary cuts and 10 percent in personnel layoffs. Some 3 percent said they had delays in paying
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Greek business feeling the pinch from capital controls
Economythe imposition of capital controls found total retail sales had dropped 10 percent. This reflected.... The Endeavor survey showed 11 percent of companies have proceeded with salary cuts and 10 percent in personnel
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Bank recap and NPL management create conundrum in bailout talks
Economyrecapitalization needs and resolution costs. Of this amount, 10 billion would be made available immediately... estimates on Greek banks’ capital needs range between 10 to 15 billion euros. Prime Minister Alexis
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Greece commits to ambitious privatisation targets as part of new bailout
EconomyProgramme(10 percent) in the Hellenic Telecom Organisation (OTE) with a current market value of around 370 million euros. According to the latest list of prior actions sent on July 10, the government has
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Greek bank recapitalisation: The story so far and what lies ahead
Economybillion was used and the remaining 10 billion kept by the HFSF and returned to the European... in revenues of 10 billion in the future. If confirmed, this means that the permanent loss from
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Newsletter 44 - 25/09/2015
close to the upper end of the 10–25 billion envisaged in the Euro Summit statement of 12 July. Since... earmarked for Greek bank recapitalisation, 10 billion has already been disbursed to an escrow account
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Where we stand in the Greek bank recapitalisation process
Economy, leading to a higher capital shortfall close to the upper end of the 10–25 billion envisaged in the Euro... support. Of the total of 25 billion euros earmarked for Greek bank recapitalisation, 10 billion has
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Greek stocks on slide for third straight week
EconomyFinancial Stability Fund (HFSF) of the 10 billion euros earmarked for bank recapitalization. Greek... following plunges of 20 and 10 percent in the previous two weeks respectively. The most resilient
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Greece, lenders reach deal to secure bailout sub-tranche and bank recap funds
EconomyProgramme(HFSF) of the 10 billion euros earmarked for bank recapitalisation. On the thorny issues... for the disbursement of the 2-billion-euro sub-tranche and the 10 billion euros for bank
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General gov't primary cash surplus widens notably to 4.84 bln by October
EconomyMacroeconomy, and account for more than 10 percent of total. The remaining arrears relate to local governments...-Bills at 14.9 billion (4.7 percent) and repos at 10 billion (3.2 percent). Guarantees The stock
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