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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsmillion will be given as a “social dividend.” The latter mainly involves one-off handouts to 1... and pushing for an early primary surplus is paying off. On Tuesday, Samaras claimed that Greece
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Eurogroup clears next bailout tranches for Greece, sets new goals
EconomyProgrammefor debt servicing and to undertake some one-off spending in 2014 to bolster social cohesion.” Following... involves one-off handouts to 1 million Greeks with low incomes and a temporary boost for members
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Return to bond markets to buoy coalition, may leave SYRIZA floundering
PoliticsGreek Politicsas the debt reduction talks have been put off until after the European elections even though the primary... ahead of the European elections on May 25, when New Democracy will be hoping to hold off SYRIZA's
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Local elections in Greece a precursor of European vote
PoliticsGreek Politics. If not, then the two leading candidates go into a run-off vote the following Sunday. The second... has been organised by local officials and opponents of the sell-off, a significant rejection
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Eurobank records net loss of 207.4 mln in Q1
EconomyBankingEurobank kicked off Greek banks’ Q1 results releases posting a net loss of 207.4 million euros in Q1 2014 from 913.1 in Q4 2013. The lower loss reflects an improvement in pre-provision income (PPI... negative one-off items, which shank to 18 million in Q1 from 575 million in Q4. The bank consolidated
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Greek coalition overcomes concerns about "small PPC"
PoliticsGreek PoliticsCorporation (PPC) in the form of a smaller spin-off. Adopting the so-called “small PPC law” is one... that it would renationalise the part of the power company that is due to be sold off. It is certain, though
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Bid to form alliance for PPC referendum tests SYRIZA's political mettle
PoliticsGreek Politicsif they fail to find the votes they need now but it will be difficult to fend off the jibes from... the legislation for the PPC sell off. As it tries to create connections at the societal, not just political
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Public deficit and democratic duty
Agorathat is polished off and tossed to the public from time to time. This time it is claims of an unpublished... rates, staving off a financial assistance program. Lastly, to put the blame for Greece’s 2009 deficit
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Don't let the facts get in the way of "Argentinology"
Agorafor one. This heavily restricts the money supply. The money press was essentially switched off... protests, Argentina announced on January 6 the abandonment of convertibility. Cut off from international
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingon August 28. This year’s results include one-off items of 1.04 billion euros largely due... that the remaining off-balance sheet DTA stands at 1.2 billion euros, implying there is further room
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