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First days of talks confirm gap between Greece, lenders on pensions
PoliticsGreek Politicsspokeswoman Olga Gerovasili indicated during a press briefing on Tuesday that the government is not ruling out... and employees. Each 0.5 pp rise in contributions is estimated to entail incremental revenues of around 150
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BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomyIn its annual report released on Thursday, the Bank of Greece (BoG) estimated that the recession will bottom out and expects a slight recovery during the second half of the year subject to political stability and elimination of uncertainty. The BoG stressed that uncertainties and high risks lie
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Newsletter 66 - 11/03/2016
loans. During the press conference that followed the meeting, Eurogroup President Jeroen Dijsselbloem... of sending back asylum seekers en masse to Turkey, a country that neither properly recognises them... that are estimated to have gathered there in the hope that the neighbouring country will open
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Asking Greece to stack more austerity measures ignores past failings
Agoraof that magnitude. The IMF’s Poul Thomsen left little room for interpretation when he said during a press... the deficit was estimated at 12.7 percent. Contrary to the popular belief that Papandreou’s government
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Government faces tight schedule for amendments to bailout legislation
EconomyProgrammeactions in the field of privatisations. During a press briefing last Thursday, Alternate Finance... they have received so far this year (an estimated 100-120 million euros) as part of the EKAS solidarity
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Newsletter 81 - 08/07/2016
, in particular since 2014. During the first five months of 2016, passenger traffic reached 6.73 million... a supermajority. It is estimated that this will make around 100,000 more Greeks eligible to vote. Critics
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Newsletter 85 - 05/08/2016
public debt between 2000 and 2009, when it reached 129 percent of GDP. During this period, the public... Democracy government led by Kostas Karamanlis submitted the 2009 budget to Parliament. It estimated growth
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Justice can't be blind to facts in 2009 deficit case
Agora129 percent of GDP. During this period, the public wage bill and amount spent on social benefits... the 2009 budget to Parliament. It estimated growth of 5.9 percent of GDP and a state deficit of 8.8
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBanking, the fully-loaded Basel III CET1 ratio edged down by almost 50 bps QoQ to 16.2 percent. During...) is estimated at 200 million. The cash value of its Eurosystem eligible collateral stands at 22.9 billion
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Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows
Economythat the percentage point change in the Greek VAT gap is the biggest drop among all EU member states during... and the estimated VAT amount that is theoretically collectable based on legislation. The latter is called
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