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Where we stand in the Greek bank recapitalisation process
Economyassumptions of the baseline scenario, which are in line with the official estimates of the institutions... to the official forecast of 2.3 percent. This was communicated by the banks to the investment community... by financial aid from the official sector. However, the key determinant in the forthcoming decisions
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Rating agencies up Greece's scores, adding to positive outlook
Economyof the programme off track. The wider view is that Greece’s official creditors will provide the debt relief... with Greece’s official creditors, reaching and maintaining an average primary surplus of 3.4 percent... by the favourable profile, long maturities and concessional terms by the official creditors. Against
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Lenders still aiming for completion of fourth review in May
EconomyProgrammeon Tuesday, a senior eurozone official said that reaching a staff-level agreement (SLA) in May... insists that much of the preparatory work has been done, while the eurozone official pointed out... to complete them now. It is not yet clear exactly how many this will entail. The eurozone official noted
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economyis on concessional terms due to the official sector loans, which keeps servicing costs low and maturities... to be used to buy back some of the official sector loans, IMF for example, further improving... Greece and official creditors. In the near-term, the deal between Greece and FYROM on the name has caused
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No final word on pension cuts as lenders prepare for return to Athens next week
EconomyProgrammeofficial did not rule out the possibility that the measure, which has already been legislated.... The Commission official noted that Greece is within the fiscal targets that have been agreed... on the matter before a final decision is taken, he added. According to the official’s reported
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Government rolls out red carpet to lure private wealth to Greece
EconomyFeaturesMinistry official was quoted by Reuters saying that attracting “sophisticated wealthy families” could...,” Reuters quoted the unnamed official saying. The official also linked the initiatives with the government’s strategy to upscale tourism. There is no official estimate yet on how much additional tax
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Govt Covid record questioned, as report highlights disparities in hospital death rates
PoliticsGreek Politicsof concealment over access to official statistics. Recent controversies have done little to dent New Democracy... SYRIZA’s official focus on the need to bolster the healthcare system. Lytras’s findings were also.... In the aftermath of the political row stoked by the paper, Lytras reported that his access to official
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Our most popular stories in 2014
Agoraindirect taxes and public service charges as a result of the fiscal consolidation effort that Greece... price inflation by 6 ¼ percentage points between 2010 and 2012. If public service tariffs are also... three years is led by the exports of services. For instance, maritime transport exports, where
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Are hirings in the public sector out of control?
EconomyFeaturesfor fixed-term contracts were exempt from the civil service entry exams, and successive governments... to senior public service posts.... the increases, and are they likely to improve the quality of public services? To answer
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Kammenos deviation raises more questions about coalition's endurance
PoliticsGreek PoliticsComments by Defence Minister Panos Kammenos during an official trip to the USA have heaped new... consistent during our three-year cooperation,” said the senior SYRIZA official. The latest difference... on Thursday, SYRIZA official Xydakis suggested that his party could seek new governing partners if ANEL
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