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Strong performance of 15-year bond bodes well for market strategy
EconomyThe strong appetite for Greece’s sovereign debt has been visible over the last few weeks across the curve, with yields as low as 0.3 pct for the 5-year issue. A month ago, the equivalent yield stood... is lower than the Fund’s 1.9 pct variable, so the ESM approves it by agreeing to the waiver
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Strong response to dual bond transaction takes 2021 debt issuance to 14 bln
Economybasis points for the 5-year and 145 basis points over mid-swaps for the 30-year. Demand was strong from... for the 30-year. The combined book managed more than 300 orders, which showcases the continued appeal of GGBs
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Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
EconomyMacroeconomyMinistry’s Ergani database showed that Greece’s employment balance was strong in March, with 63,689 more hires than departures. The hiring balance in March last year saw 61,912 more hires, a year
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Newsletter 43 - 18/09/2015
indications, though, that if one of the two parties is to edge ahead it will be SYRIZA rather than New... it will be SYRIZA. This is usually seen by pollsters as a strong sign of who will win. Also... days of the campaign. In contrast, New Democracy is seen having rallied to more than 90 percent
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How Greece's electoral map changed radically over 10 years
AgoraOn the night of October 6 in 2009, Greek TV channels put up the map of the country's electoral districts; more than 40 were coloured in the green of PASOK, and just six in the blue of New Democracy... of 43.9 percent vs. 33.5 percent for ND. The socialists gained more than 3 million votes, while
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Learning the lessons of Greece's toxic decade
Agorato influence policy, Samaras realised that there would be strong opposition among voters... of fiscal data to make Greece’s public finances look worse than they were. The rationale behind the accusation was that the deficit of 2009 was intentionally inflated to make it worse than Ireland’s
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Greece takes first round against Covid-19 but fight continues
Agorathis initial success are probably more complex than these narratives imply and will only..., Greece spends a third less on healthcare than it did prior to the financial crisis. Public spending... of nursing staff relative to population in the EU, with 344 per 100,000 people, less than half
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Newsletter 148 -26/01/2018
in the northern city, the opposition leader issued a statement in which he acknowledged the strong turnout... called for any agreement to be put to a referendum in Greece. This has caused disquiet within SYRIZA... a long way to go before Athens and Skopje arrive at an agreement, which could also be put
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The race to reduce Greece's bad loans
EconomyBanking, the SSM is expected to put the total of NPLs at around 20 percent of total loans and down to single..., 1.3 billion lower than the target of 93.6 billion. NPL stock came to 63.9 billion, landing exactly... NPLs came to 35 billion euros, around 600 million lower than the target. Residential NPLs landed
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Europe missed an opportunity on banking union
Agorabanks and will put all lenders through stress tests. The ECB’s involvement gives us hope... markets, rely heavily on banks for financing. If the banking system is not put in order... and proceeding with recapitalisation wherever it is needed is a fundamental precondition for economic
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