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Newsletter 168 -29/06/2018
authorities will have to undertake for reforms to be successfully signed off. Additionally, two... is seen levelling off at 1 percent in the long-term, which translates into a 3 percent long-term nominal..., with the target decreasing gradually by 0.5 percentage points per year to level off at 2.2 percent
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Government bolsters aid package as questions mount over deadly fires
PoliticsGreek Politics” includes one-off payments of 5,000 euros to families and 8,000 euros to businesses; exemption from the ENFIA property tax; a suspension of property auctions; the writing off of debts to the Public... euros they received as a one-off emergency payment in 11 years ago. However, it is unlikely
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Newsletter 172 -27/07/2018
package of measures” includes one-off payments of 5,000 euros to families and 8,000 euros to businesses; exemption from the ENFIA property tax; a suspension of property auctions; the writing off... the government reacted since the fire will be difficult to shake off. It casts a different light
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Newsletter 175 -21/09/2018
but the concern that agreeing to call off the cuts will create political problems and send a negative.... Excluding off-balance sheet items, the NPE stock was reduced by 3.8 billion euros quarter-on-quarter (QoQ... and the improved tax revenue collections entailed could taper off as customers return to paying by cash once
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Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
EconomyMacroeconomy5.42 billion euros, off target by 922 million euros. The MoF noted that the shortfall was mainly... billion euros. The negative balance in the aggregate period was off target by 406 million euros... a one-off payment related to law 4575/2018, which will be paid on January of 2019 instead of December
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingit will mean a reduction in regulatory capital as banks will need to write off deferred tax credits (DTCs) accumulated. Legally, the amount written off in connection to DTCs will be recognised... mechanism in the proposal allows for the non-activation of DTC legislation, allowing banks to write off
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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammethat the institutions have asked for the cut-off date to be moved back by two months, to the end... approval from the European Stability Mechanism for the right to pay off at least some of its loans... to surcharges. Kathimerini reported on Thursday that Athens would like to pay off this year’s and next year’s
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammethe European Stability Mechanism (ESM) to pay off some or all of its loans to the International Monetary Fund... the money it owes to the IMF. The government has made no secret of its desire to pay off early some... off the instalments that are due this year and next year, which amounts to 3.8 billion euros
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Athens gearing up for new bond issue amid favourable market conditions
EconomyProgrammethe completion of the second post-programme review: To issue another sovereign bond and to pay off some... are at 1.5 percent,” he said. “When you pay off the loans prematurely, you help restructure your debt so... for this year so a new issue may round off the country’s borrowing activity for the year. Two bond
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Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammeexpressed concerns about the schemes unveiled on Sunday for taxpayers to be able to pay off their debts... sector employment reforms which if realized could cost as much as 9 billion euros on a one-off... confirmed on Thursday that Athens has made an official request to pay off part of its loan from the Fund
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