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Greek deposits edge up for second month in April, reach 161.3 bln
EconomyMacroeconomyGreek private sector deposits increased 0.2 percent month on month (MoM) in April, with balances... that had been posted until June 2012, when the last general elections were held. Although Greek banks... respectively in the past two months. Greek banks should gradually replace the bulk of ECB funding
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Samaras hopes for Merkel fillip as gloom grips Greek coalition
PoliticsGreek Politicsand comes 10 months after Samaras was last in Berlin to see Merkel. Then, the Greek prime minister sought... inspectors to Athens later this month for the fifth review of the Greek adjustment programme. Greece.... There is also reluctance on the Greek side to discuss the pension and labour reforms the troika
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Greek deposits up 0.6 pct to 164.23 bln in August, which sees year's highest inflows
EconomyMacroeconomyGreek private sector deposits rose 0.6 percent month on month (MoM) for the sixth straight month... that has returned to Greek banks corresponds to only a fraction of the 89-billion-euro outflows that had... of Greek banks on Eurosystem funding has been reduced by close to 30 billion euros (circa 40 percent
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Greek deposits increase for seventh straight month, reaching 164 bln
EconomyMacroeconomyGreek private sector deposits increased for the seventh successive month by 0.3 percent month.... However, the amount that has returned to Greek banks corresponds to just a small portion of the 89 billion... in the 9-month period of 2014, Greek banks’ reliance on Eurosystem funding has been slashed by more than
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Regional airports deal represents biggest privatisation yet for Greek government
Economyrights of 14 Greek regional airports. The financial offer consists of an upfront payment of 1.23 billion... airports involved are Thessaloniki (second largest Greek airport), Aktio and Kavala in the mainland... on Greek tourism. He also stressed that the majority of regional airports are profitable and do
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Greek deposits down 0.2 pct in October after seven months of rises
EconomyMacroeconomyFollowing a rise in the preceding seven months, Greek private sector deposits fell by 0.2 percent... returned to Greek banks corresponds to just a fraction of the 89 billion deposits that had been withdrawn until then. Although deposit inflows are rather limited since the beginning of the year, Greek banks
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Samaras finger wagging at troika a sign of pressure on Greek government
PoliticsGreek Politicsof the Greek people. Samaras even went out of his way to make it clear that his message was aimed... in Athens at the failure to conclude the troika’s review of the Greek adjustment programme. On Sunday..., though, also wanted to make it clear to Greek voters that his government is resisting some
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Greek deflation eases slightly to 1.2 pct in November
EconomyMacroeconomyThe drop in Greek consumer prices slowed to 1.2 percent in November from 1.7 percent in October... will exceed the 0.8-1 percent suggested by the Greek government and the troika latest forecasts. For 2015, projections by the European Commission, the IMF and the Greek Finance Ministry point to marginal
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What are SYRIZA's plans for Greek banks if it comes to power?
Economyfor Greek banks into sharp focus. Bank stocks fell by 16.6 percent on Monday as the Athens Stock Exchange... in Eurobank (35.41 percent) and a majority stake in the other three core Greek banks, controlling 66.36... would be added to the Greek banking landscape. The cost of capital for the intermediate body to manage
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Talk of negative impact from political risk sees tightening of Greek polls
PoliticsGreek Politicsdamage for the Greek economy is now great.” The central bank chief did not go into any specifics but it should be remembered that 16 billion euros flowed out of Greek banks between the May and June... did not run out of cash. In October, Greek deposits fell by 0.2 percent after seven months of rises
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