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Greece tops OECD countries for tax rises and spending cuts
EconomyFeaturescountries between 2015 and 2016, increasing by almost 3 percentage points (pps) in this time period
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomy) and 44.3 percent for residential loans (target: 42.8 percent). The total volume of NPLs was reduced by 3
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Newsletter 173 -07/09/2018
was reduced by 3 billion QoQ or 47.7 percent. However, BoG noted that banks missed their NPLS reduction target
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PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Economythe outstanding amount to 3 billion euros, to match the quota and reduce the interest charges to 2
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ANEL leader under scrutiny due to party unrest, questions over refugee funds
PoliticsGreek Politicsstruggling to make the 3 percent threshold for entering Parliament at the next elections. This has
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Athens prepares 2019 draft budget amid pension cuts dilemma
EconomyProgrammeuntil the December 3 Eurogroup. In the meantime, Finance Ministry officials are reportedly still
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Newsletter 176 -28/09/2018
prove crucial to the process. The Greek government is likely to have to wait until the December 3
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Eurogroup suggests there is scope for pension cuts to be called off
EconomyProgramme3 Eurogroup, cannot yet be ruled out. Although such resistance could not prevent Athens from
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General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
EconomyMacroeconomyrise was noted in extrabudgetary funds which went up by 3 million euros compared to July, while state
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Newsletter 177 -05/10/2018
the moment when Greece will be given the green light. Until now, the December 3 Eurogroup was seen
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