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Athens moves on after Berlin Conference absence, seeks more active role in Libya developments
PoliticsForeign PolicyIn Greece’s absence, the Berlin Conference ended on Sunday with an agreement among all the participants to respect a much-violated arms embargo, to hold off on military support to the warring parties... arms embargo it was tasked with protecting. “There’s an agreement in the Council in order to revive
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Athens goes along with EU over Libya, waits for Turkey's move at UN
PoliticsForeign Policythe deployment of warships to enforce the United Nations arms embargo on Libya. According to the EU foreign... that this operation will have as a goal the implementation of the arms embargo imposed by the United Nations
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politicsan immediate embargo on Russian oil, asking for such a measure to be delayed until autumn or winter..., are in favour of a staged oil embargo. Political pressure The government is sticking to the narrative
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingas Common Equity Tier 1 (CET1) capital (“pari passu” with common shares) but they are an expensive
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Strong performance of 15-year bond bodes well for market strategy
Economyof the pari passu clause. Greece’s debt managers seem to be securing attractive borrowing costs through
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economydecision retroactively. This means the coalition will have to restore pensions but not pay out the amount... not have any impact on these bonuses. The government is not in a position to pay out this amount (up... with pensioners' unions regarding an acceptable way for retirement pay to be gradually raised
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Current account deficit widens to 404 mln in March
EconomyMacroeconomya sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services
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Talks on bailout review head for crucial weekend
EconomyProgramme. Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017
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General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
EconomyMacroeconomy) and came to 23.81 billion euros. This was driven primarily by a fall in interest paid (-859 million
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Unpaid contributions rise to 33.86 bln as more legacy debtors added
EconomyMacroeconomyat 382,650, representing a rise of 86,911 from the previous quarter. The relevant amount rose by 859 million
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