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ECB results light up path for Greek coalition's bailout exit plan
PoliticsGreek Politicsas little as 18 million euros in new capital. The figure is infinitely lower than the one being... to raise no more than 18 million euros, it leaves the 11.4 billion euros remaining... be more than adequate as precautionary support. Although Sunday’s figures from the ECB are a timely boost
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Primary surplus narrows to 2.4 bln in October as revenues miss target
Economyremains 356 million better than target. The overperformance is mainly attributed to lower primary expenditure (by 1.46 billion) and interest payments (by 400 million) more than offsetting the revenue... and bringing the 10-month figure down 5.6 percent to 33.83 billion eurps, 1.46 billion better than the target
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Is there (sustainable) growth in Greece?
Agora. In 2013 more than 17.5 million tourists visited Greece, numbers not seen since Athens staged..., Greece exported less products and services than it did in 2012. While countries in the eurozone’s... than domestic consumption, export capacity and investment. There is no silver bullet for Greece’s
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Greek public debt at 321.7 bln in Q3, average weighted maturity at 16.5 years
Economy-Bills (by 1.65 billion) more than offsetting net increases in repos (by 2.36 billion) and Financial... maturity of more than 5 years, while the remaining 22 percent is almost equally split between short (up... at 16.72 billion. More than half of this amount relates to general government (gg) entities (8.62
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Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011
EconomyMacroeconomythan 200 million MoM to 26.59 billion, while the monthly flow turned negative with net deductions at 97... by more than 450 million euros MoM, for the first time since June, to 101.58 billion. The annual rate..., while balances slipped by more than 17 percent over this period. Heightened non-performing loans
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Challenging three days of diplomatic talks, protests and budget voting ahead for Greece
PoliticsForeign Policycharged than in the past because of a hunger strike by Nikos Romanos, a friend of Grigoropoulos who... strike more than three weeks ago to convince authorities to allow him to do so. His request has... than 7,000 police on duty and authorities will want to avoid any repeat of the rioting that occurred
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2014 is not 2012
Agorapowerful and convincing than the fearsome IMF. As Greece's latest review drags on after a series... than 18 billion for interbank repos. There is the possibility of redesigning liquidity operations... that circumstances relating to the country’s banking system today are different than they were a few years
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Greek unemployment falls for seventh straight month, down to 25.7 pct
EconomyMacroeconomyby 740,000, which is 2.5 times higher than five years ago. The NSA figures showed a slower growth..., implying a drop by more than 7 pp YoY. However, it remains at extremely high levels, almost double... group remained stable YoY at 16 percent, almost 3.5 times higher than the 2009 figure. The breakdown
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Greek primary cash surplus up to 2.61 bln at end of November
EconomyMacroeconomy(BoG). This corresponds to a fiscal adjustment of more than 6.6 billion euros year on year (YoY). In November, the primary cash deficit reached 274 million euros, some 500 million lower than last year... figure of 2.82 billion. This is 713 million lower than the 3.53 billion recorded in the preliminary
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomya slighter deterioration by more than 1 pp to 27.4 percent. For corporate NPLs (for loan amounts... to obligations to more than one banks, while are also past due for more than 3 years. BoG projects NPL ratio
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