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Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
PoliticsGreek Politicsreview. Two-thirds of this was passed through Parliament on Sunday night, while the remaining 1
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Eurozone sets out proposals for staggered debt relief for Greece
EconomyProgrammeby setting loan repayments as 1 percent of GDP until 2050 and linearly amortised after that A capping
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Car sales soar 24.5 pct in April
EconomyMacroeconomyto run diesel cars. However, the expected increase in the vehicle registration fees as of June 1 may
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Tsipras upbeat after vote, Eurogroup but deal details may still present problems
PoliticsGreek Politicsperiod in Parliament lies ahead given that the government also has to legislate the 1 percent of GDP
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Coalition prepares final legislation for review, opposition expects no upsets for now
PoliticsGreek PoliticsAnother week devoted to drafting and voting new legislation awaits the government, which aims to complete the remaining bailout measures ahead of the May 24 Eurogroup. Another 1 percent of GDP in fiscal measures (mostly indirect tax rises) are needed, along with the final framework for the sale
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingand 0.3 billion to other securities. On the capital front, the bank’s phased-in Common Equity Tier 1
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Tsipras seeking repeat of full support from coalition MPs in upcoming bailout vote
PoliticsGreek Politicsbillion euros (1 percent of GDP) in mostly indirect tax rises, the framework for the sale of non
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HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015
EconomyBankingon the restructuring of large corporate NPEs. The action plan is comprised of five key pillars: 1) The analysis
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Apartment prices fall at slightly slower pace of 5 percent in Q1
EconomyMacroeconomy, point to a further decline in housing prices by 5 percent in 2016 and 1 percent in 2017.
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Primary cash surplus improves to 2.93 bln at end of April
EconomyMacroeconomypositive and reached 1 billion improving from last year’s surplus of 703 million. The budget execution
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