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Newsletter 117 - 05/05/2017
the solidarity levy rates, lowering the corporate tax rate from 29 to 26 percent and redesigning the single
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Ahead of vote, Tsakalotos appeals to SYRIZA MPs with positive message
PoliticsGreek Politicsa single person’s threshold falling from around 8,600 euros to nearly 5,600, would not be as dramatic
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgramme) and the single property tax (ENFIA) by 209 million. Revenues The breakdown reveals revenues
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Finance Ministry details impact of pension interventions, sees 2021 social budget surplus at 3.17 bln
EconomyProgrammeimprovement largely reflects a positive contribution from hospitals (1.41 billion euros) the single
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankinglending and network fees. Going forward, the management expects single-digit growth in the bank’s core
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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBanking. The bank said that it has so far created a buffer of around 700 million euros versus the Single
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomysubmitted to the Single Supervisory Mechanism (SSM) last September their plans for a sharp reduction
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Tsipras readjusts expectations for crucial Eurogroup
PoliticsGreek Politicstrust straight away. Some commentators noted that Tsipras failed to mention QE a single time during
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Banks meet overall NPE reduction target in Q1 2017, largely on write-offs
EconomyMacroeconomy, Greek banks submitted their operational targets to the Single Supervisory Mechanism (SSM) of the ECB
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BoG reveals number of indebted borrowers, details business NPEs
EconomyMacroeconomyamounts to 5.9 billion, Mitrakos noted. Greek banks have committed to the Single Supervisory Mechanism
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