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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomy. At the moment, 138 million euros has been set aside for businesses, which could receive... favourable view than the one provided by the IMF in April, when it expected unemployment to reach 18.5
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economymeasures and set in motion the successful completion of the third programme in August of last year... in line with Moody’s and one notch below Fitch, which has Greece at ‘BB-‘. There was a similar
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingbusiness loans. Around 20,000 properties are included in the portfolio. The Orion portfolio is also set... forward the securitisation of its bad loans by one year to 2020 rather than 2021. The bank
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Newsletter 227 -08/11/2019
and thereby fulfilling one of the main pledges that the ruling centre-right party made during... over three years. The measures will be in place for 15 years and will be The government this week set
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IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
EconomyProgrammethe issues of Greece having one of the highest pension spending and public wage bills and in the EU... bargaining. That said, the Fund notes that more ambitious targets should be set on those fronts
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomyof Christmas. The Finance Ministry wants to take a more conservative approach this year and set aside... Management Agency notes in the budget that it will follow a similar strategy to the one
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PM aims to maintain pace of economic reforms as public worries about migration
PoliticsGreek Politicsset since New Democracy came to power in July. According to reports, Mitsotakis said that his... will then be privatised. The sale of stakes in DEPA’s subsidiaries is one of the flagship privatisations
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Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
EconomyProgrammein Brussels on Monday, a senior eurozone official confirmed that the Eurogroup is set to rubber... in the coming months for the European creditors to sign off on any “agreed investments.” One of the reasons
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Newsletter 231 -06/12/2019
Minister one of his most challenging weeks since coming to power. days after it emerged that he had...-fetched, there is a peculiar set of circumstances that means the possibility should not be dismissed
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In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
PoliticsGreek Politicswas set to be one of the issues on the agenda during the meeting with Trump and his top aides
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