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European Commission's DSA reveals serious concerns over debt sustainability, need for relief
EconomyProgrammebillion. Furthermore, market rates are estimated at 5.1 percent in 2019, increasing to 5.5 percent
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Some relief for coalition but bold claims about programme exit a concern
PoliticsGreek Politicsat lower rates than the New Democracy-led administration did in 2014 and make a clean exit from
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomywould generate sustainable jobs. Excessive reliance on taxation and high tax rates needs to be reduced
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Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
EconomyBankingat 1.4 billion. Settlments BoG also provided an update of the cure and default rates, which
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Building activity falls by 0.9 pct in April
EconomyMacroeconomypercent in 2015. Moreover, building surface and volume dropped at double-digit rates of 12.8
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Newsletter 127 - 14/07/2017
. The BoG also provided an update of the cure and default rates, which are widely-used indicators
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Portugal, market access and programme exit
Agorathat year. Lower rates and the prospect of a "clean exit" made the effort to tap the markets economically
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In absence of bond issue, coalition ponders next moves
PoliticsGreek Politicsfrom the markets at sustainable rates and exit the bailout without the need for a credit line or any
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IMF approves programme "in principle," repeats position on debt and reforms
EconomyProgrammeinvestment, and lowering tax rates to support growth.” The Fund also draws attention to the financial
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Travel receipts edge up 1.7 pct in May on higher foreign arrivals
EconomyMacroeconomypercent to 430 euros. Two of the five key countries recorded strong growth rates in their 5-month
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