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  1. Alpha Bank reports lower losses of 115.8 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    employees, 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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  2. Newsletter 28 - 29/05/2015

    Newsletters

    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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  3. Greece makes new proposals in search for deal acceptable to lenders and MPs

    PoliticsGreek Politics

    offer 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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  4. Greece submits proposals to lenders in hope of paving way for agreement

    EconomyProgramme

    to cover potential fiscal shortfalls: 1) Increase the tax rate on income for rents with additional... 2016 for the top 20 percent of beneficiaries · freeze monthly guaranteed contributory pension limits

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  5. Travel receipts up 17 pct in May as average expenditure per trip rebounds
    Photo by MacroPolis

    EconomyMacroeconomy

    posted by the UK (+68.1 percent), followed by Germany (+20 percent), US (+15.1 percent) and France..., international arrivals fell by 1.5 percent in June and rose by a mere 1 percent in the 6-month period. Market

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  6. Greece commits to ambitious privatisation targets as part of new bailout

    EconomyProgramme

    prior actions: 1) Announce binding bid dates for Piraeus (OLP) and Thessaloniki (OLTH) port... (consortium led by Fraport AG). 3) Conclude around 20 selected pending actions (not specified

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  7. Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    and resolution purposes - 13 billion euros that Greece will receive by August 20 once the bailout has... a maturity of 35 years and carry an interest rate of 1 percent. The debt sustainability issue, along

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  8. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    -negative reading since August 2011. The outstanding balances fell by more than 1 billion month on month... of more than 35 billion since then, while balances have dropped by almost 20 percent over

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  9. Newsletter 44 - 25/09/2015

    Newsletters

    before the depositor bail-in becomes effective as of 1 January. That said, the Greek banks have... unexpected results on 20 September. While many have questioned Alexis Tsipras’s honesty

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  10. Ambitious privatisation targets will test government's resolve

    Economy

    the following measures: 1) Endorse the Asset Development Plan (ADP) approved by HRADF at the end of July, which... winning bidder. 4) Conclude around 20 selected pending actions – not specified – that have been

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