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Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
EconomyMacroeconomyand an uptick in deposit inflows. The latest reduction points to a stepping up of the full elimination
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Newsletter 178 -12/10/2018
in revenues across the full year. According to the final budget figures up to August that were released
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomy, above target by 555 million euros. The full revenue breakdown will be provided upon the release
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Athens edges towards compromise on pension cuts but may have to plug fiscal gap
EconomyProgrammeto a postponement rather than a full repeal of the measure or a requirement that Athens should carry out
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Part-time work and low earnings overlie crisis-pounded labour market
Societycreated are either part-time positions or flexible types of work rather than full-time employment
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As budget talks drag on, parties focus on inflicting damage via graft claims
PoliticsGreek Politicsby calling for a full cancellation of the pension cuts and not just a suspension of the measure. The SYRIZA
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Preparing for a new normal in German politics
Agorasuccession process, Merkel has triggered her own end-game. She will try to see out her full-term
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APS option to help banks with bad loans seen gaining ground
EconomyBankingin full or in parts. This would make it an attractive proposition as it would be protected from losses.
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Lenders focus on closing any fiscal gap for 2019 ahead of November 19 Eurogroup
EconomyProgrammeare not implemented and the government adopts the full package of tax cuts and social spending pledges made
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Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Economydate of full implementation of the Katrougalos law pension calculation is January 2019, pensioners
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