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Where next for Greece's troubled privatisation programme under SYRIZA?
Economyto almost 3 billion and mainly relate to projects completed by the end of 2013. For most of 2014... by the Technical Chamber of Greece showing that the site of the old Athens airport is worth 3 billion euros, more than 3 times higher than the accepted financial offer of the sole bidder. Another
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The six reform proposals Greece hopes will help unlock more funding
PoliticsGreek Politicsa 50 percent haircut on tax debt created until 2013. The government aims to raise 3 billion euros... (@MacroPolis_gr) March 3, 2015 A similar proportion of voters also believe that the agreement reached... Much worse 5 #Greece — MacroPolis (@MacroPolis_gr) March 3, 2015 The lengths to which
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingII bonds, 9.2 billion to credit claims, 3 billion to pillar III bonds, T-Bills and Greek government... securities, Eurobank could replace ELA with ECB funding for the 3 billion related to pillar III... a cost close to 3 percent.
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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgrammecard, the new VAT rate of 18 percent will be reduced by 3 percentage points (pp) to 15 percent. A low... hotels, a 3 percent tax on food services and 6 percent tax on specific purchases on islands... of 3 pp on VAT for almost all product and services when customers use their cards is mainly
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
Economy, whilst fewer companies delayed salary payments (3 percent). Almost one quarter of the sample indicated... of the surveyed firms said they estimate capital controls will remain intact for more than 3 month... 3 percent. Increasing liquidity is also seen as a top priority (26 percent) in the long run with tax
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agora) results prompted banks tio increase their provisions for credit risk by 3 billion euros YoY to 12.85... billion a year ago. The difference of around 3 billion euros between the rise in cumulative provisions... than 3 billion euros in the course of last year to 85.1 billion at the end of 2015. In addition
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBanking(QoQ) on the back of net interest income (NII) rebound and cost containment. NII rose 3 percent QoQ... funding collaterals. Gross loans decreased 3 percent QoQ to 66.3 billion, while deposits fell... to see deposit inflows of around 3 billion. The phased-in Common Equity Tier 1 (Tier1) ratio eased
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Pending pensions mount up, complicating fiscal effort
Economy), stands close to 3 billion euros. The majority (2.16 billion euros) of this stems from IKA and 670... are taken into account. As a result, the current deficit of 3 billion would reach 6 billion including.... The latter currently stands at 1.3 billion, while ETEA’s total wealth is estimated at 3 billion
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Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankinglosses of around 3 billion. Core pre-provision income edged up 1.5 percent quarter on quarter (QoQ... and reached 1.92 billion in 2016. Fee income stayed almost flat QoQ at 81.2 million. It rebounded by 3... to 1.17 billion from the exceptionally high figure of around 3 billion in 2015. As a result, cost
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Greece completes first bond issue in three years, eyes more on way out of programme
EconomyGreece has tapped capital markets with a 5-year bond issue for the first time since 2014, raising 3... offer was 2.08 times oversubscribed. Of the total amount of 3 billion raised from the new bond... similar transaction in April 2014. At that time, Greece raised 3 billion from a syndicated bond issue
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