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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomylargely by a 4.8 percent fall in income tax revenues, which came to 5.78 billion and was off target
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Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
EconomyProgrammethat the government will manage to put off the measures, to the surprise of its critics. Following
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingeuros QoQ, out of which 16.7 million represents a one-off effect of the retrospective application
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Tsipras and Mitsotakis gear up for economy pledges, with eyes on fiscal targets
PoliticsGreek PoliticsAs Alexis Tsipras finalises his speech for the Thessaloniki Expo (DETH) on Saturday, his government is fending off accusations that the prime minister is preparing to make pre-election handouts and insists that any pledges made will be within the fiscal targets Greece has agreed with its lenders
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomyfallen by 17.3 percent, or 18.6 billion euros. Excluding off-balance sheet items, NPE stock
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Newsletter 173 -07/09/2018
. Excluding off-balance sheet items, NPE stock was reduced by 3.8 billion euros quarter-on-quarter (QoQ
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsbrushed off concerns expressed by the Hellenic Federation of Industries (SEV) about the increase
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Lenders appear at ease with Tsipras pledges, cautious on pension cuts
EconomyProgrammethat calling off the spending reductions can be part of a wider plan to help the economy.
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Mixed picture for government after first day of talks with creditors
EconomyProgrammesources, the issue of calling off next year’s pension cuts was raised. The Greek side reportedly set out
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Lenders' visit concludes with no firm answer on pension cuts
EconomyProgrammeThe first post-programme inspection by the institutions is due to be wrapped up on Friday with no final decision on whether the pension cuts due to be implemented next year will be called off, but with the Greek government confident that it will be granted this concession by its lenders. Government
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