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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankingPiraeus Bank reported a positive bottom-line result for the second straight quarter, with net profits rising to 31 million euros in the third quarter (Q3) of 2016 from 20 million in the previous... formation of 5 million. NPLs As a result, the NPL ratio edged down for the second consecutive quarter
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First day of review talks highlights differences as Athens eyes tight schedule
EconomyProgrammeof the second meeting was privatisations, specifically issues related to the new privatisation... workout, allowing both large and small (state or bank) debtors into the mechanism, while the second
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Greece worst-performer in EU 28 for social justice
Societyranks 24th in terms of equitable access to education, the country has seen the second highest... the second highest NEET rate in the EU. “In 2014, 26.1 percent of 20-to-24 year old Greeks were
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Presidential shuttle diplomacy between Athens and Berlin
AgoraDeparting for Berlin last week on the second leg of his last foreign trip in office, US President Barack Obama carried various policy messages for German Chancellor Angela Merkel in his hand luggage... to carry out prior actions mandated by international creditors. The second issue concerns a growing
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EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek PoliticsTwo of the key players in the negotiations over Greece’s second programme review expressed some optimism on Tuesday that an agreement between Athens and its lenders could be reached in the next few... post-2018 fiscal targets, which would remove one of the key obstacles to an agreement on the second review
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The key elements of the draft agreement between Greece and lenders
EconomyProgrammeDuring the second round of meetings between the institutions’ mission chiefs and the Greek government, a draft supplemental memorandum of understanding (sMoU) was prepared. It is the basis of what... to clinch an agreement on the second review at the December 5 Eurogroup. We present the key
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What the agreement between Greece and lenders means for fiscal and tax policy
EconomyProgrammeFollowing the first round of meetings between the Greek ministers and the institutions’ mission chiefs at the end of October, Finance Ministry sources said the biggest stumbling blocks in the second... market reforms. Three weeks later, during the second round of meetings, the institutions prepared
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Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
EconomyProgrammeit will still be in power when these initiatives are decided. Second review Dijsselbloem said that there is “more work to be done” to conclude the second review and that the institutions are ready to return
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Newsletter 100 - 16/12/2016
Crucial Tsipras-Merkel meeting Snap elections among PM's few options Greece and its lenders moved further apart from concluding the second review this week, leaving things finely balanced... for the second successive quarter to 22.6 percent in the third quarter (Q3) of 2016, from 23.1 percent
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Fiscal dispute dominates as Greece and lenders gear up for more talks
EconomyProgrammeon the second programme review. This third round of meetings will largely focus on labour market.... The government continues to hope it can wrap up discussions on the second review in the next weeks
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