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Eurobank first to tackle NPL reduction via APS
EconomyBankingthe bids submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank’s licensed... on the website euro2day.gr on Tuesday afternoon, the doValue-Fortress bid was considered a stronger bid... Fortress earlier in November. The bank had previously been in exclusive negotiations with PIMCO until
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Why Greece’s ‘also ran’ parties are crucial
AgoraWhen the counting of votes gets underway in Greece’s election on Sunday night, most eyes will be focused on election favourite Syriza’s tally to see if the leftist party stands a chance of gaining an overall majority in the new parliament. But under the...
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Greek shares rebound after calming comments from PM and finance minister
EconomyBloomberg on Saturday and the more measured statements by the Greek Finance Minister Yanis... Finance Minister Michel Sapin on Sunday calmed investors’ fragile sentiment that was hit by the two men
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Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgrammeFriday’s Eurogroup agreement has increased the pressure on the government to make savings and increase its revenues. In an interview with Kathimerini daily Alternate Finance Minister Dimitris Mardas... smuggling. Mardas argues that 80 percent of it relates to shipping. The Finance Ministry (MoF) aims
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Finance Ministry's defence of economic record highlights area of policy weakness
EconomyMacroeconomyThe Greek government pulled out all the stops over the last couple of weeks in an attempt to defend its economic record, culminating in the Finance Ministry presenting a document outlining the seven... article, the Finance Ministry this week outlined seven areas that the government has been delivering good
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Finance Ministry seeks solutions to address growing housing problem
Economyinterview with Naftemporiki last week, Finance Minister Kyriakos Pierrakakis noted that objective... threshold for obtaining a Golden Visa. The Finance Ministry also makes known that there is an ongoing
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Newsletter 294 - 23/04/2021
a dead-end with its own experimentations. On Thursday, following meetings with Finance Ministry.... That was the third-highest deficit in the euro area, after Spain and Malta. The central government ran a deficit of 16.8 billion euros in 2020, while the social security funds ran a surplus of 599
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Draft 2022 budget represents first attempt to restore post-pandemic fiscal order
EconomyMacroeconomysuch as SMP and ANFA profit disbursements and spending on migration, Greece ran a primary deficit... when the pandemic broke in March 2020 and ran for most part until the summer this year... euros. The Finance Ministry also expects organic improvement as the economy continues growing
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What Dijsselbloem didn't say
Agorabefitting a man who has an official role presiding over the regular gatherings of the eurozone finance... the Greek government condemned his remarks as being “unhelpful.” The Dutch finance minister, who may... Finance Minister Wolfgang Schaeuble, who was instrumental in Dijsselbloem getting his European
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
EconomyResponding to SYRIZA’s economic programme, which presented by its leader Alexis Tsipras in Thessaloniki on September 13, the Finance Ministry (MoF) published a 12-page press release providing its own calculations on the estimated cost of SYRIZA measures. The document also details the potentially
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