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IMF urges substantial debt relief for Greece
EconomyProgrammeneeds of 25 billion euros on top of those mentioned in the preliminary DSA. This brings the total amount... for a third bailout programme. 3) Bank support would be the third funded rescue in the last five years
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Greek business feeling the pinch from capital controls
Economythe imposition of capital controls found total retail sales had dropped 10 percent. This reflected... layoffs. Some 3 percent said they had delays in paying their employees during July. In the same
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Greece commits to ambitious privatisation targets as part of new bailout
EconomyProgramme. Excluding bank shares, the implementation of this programme aims to raise a total of 6.4 billion... (consortium led by Fraport AG). 3) Conclude around 20 selected pending actions (not specified
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Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomyin the first instalment payment, which was targeted above 800 million 3) Non-assessment... to 1.25 billion in July with the 7-month figure at 4.55 billion, 189 million above target. Overall, total
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomypoint to a slight decrease of 0.4 percent in total exports with exports of services up 2.1 percent... in 2018. The rating agencies have forecasted a GDP contraction ranging between 1.5 (Fitch) to 3 percent
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Eurogroup sets out key dates ahead for Greek programme
EconomyProgrammein the Greek Parliament of the new programme. On the disbursement of the total of 25 billion euros... review of the programme. The prior actions to secure the disbursement of the next bailout tranche of 3
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ELA funding down by 1.23 bln in August for second successive fall
EconomyMacroeconomy. On September 3, ECB decided to further lower the ELA limit by another 600 million to 89.1 billion. However... is attributed to deposit inflows, since the respective drop in July was accompanied by total outflows
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Budget revenues rebound in August but shortfall remains at 4.2 bln
EconomyMacroeconomyto 24.72 billion, 2.8 billion below target. The bulk of this outperformance was mainly created in 3..., in line with target. Overall, total expenditure declined by 6.6 percent to 30.31 billion, 3.22 billion
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If it's debt restructuring you're looking for, Regling's not your man
Agorareport, the ESM in 2014 raised 38 billion euros in 3- and 6-month bills. In contrast, it had a target... of different maturities. The EFSF has a total of over 199 billion euros under its funding programme
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Major fall of 31.6 pct for building activity in July
EconomyMacroeconomyuntil June, ELSTAT refrains from providing the total building permits figures for the trailing 12... and volume increased by 3 and 27.5 percent respectively. The regional breakdown of building surface
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