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Newsletter 202 -12/04/2019
that it will be given the green light to settle the loans due this year and next. “When you pay off the loans... is in line to tap the markets for this year so a new issue may round off the country’s borrowing activity
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Debt relief measures move ahead as Athens prepares to use fiscal space
EconomyProgrammerequest to pay off part of the amount it owes to the International Monetary Fund ahead of schedule... and one-off spending - that the government plans to adopt in the coming days. The interventions
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Tsipras set to unveil tax cuts as MPs prepare for confidence vote
PoliticsGreek Politicsis that it will negotiate the cancellation of the measure with the institutions, just as it managed to call off...-off interventions. The details are due to be discussed on Tuesday with the institutions as part
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomyoff. Although the report acknowledged improved tax debt collections and better clearance... in this year, factoring in the one-off positive impact of debt measures agreed in April. The balance
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Budget primary surplus confirmed at 1.46 bln in April, above target by 2.31 bln on higher revenues
EconomyMacroeconomymillion euros being incorporated to 2019 to cover the one-off payments related to the law 4575/2018... salaries by 330 million euros (mainly the one-off payments of law 4575/2018) and a rise in PIB
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Clash over judiciary persists as second round of local elections nears
PoliticsGreek Politicswill be looking to round off its impressive performance on the local government elections in the second round... and New Democracy MP Dora Bakoyiannis, would round off a perfect week for the family and drive home
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBanking. When excluding one-off items, namely the bank’s voluntary retirement scheme, PPI fell by 6 percent QoQ. PPI in Q1 2018 stood at 64 million euros. Excluding one-off items, PPI for the same quarter last
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Athens approaches Albania's political crisis, EU process with caution
PoliticsGreek Politicstensions through dialogue; but neither side seems willing to back off. Greece has avoided making any kind... Agreement there was not enough support to sign off on the deal with Tirana. Alexis Tsipras has also
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Newsletter 210 -07/06/2019
from the lenders regarding Greece’s public finances veering off track due to SYRIZA’s handouts..., pointing out that this would allow Greece to pay off its debt quicker. One of the potential dangers
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Mitsotakis sworn in as prime minister as attention turns to Cabinet picks
PoliticsGreek Politicsthan 200 million euros in the first quarter. Hatzidakis could be tempted to dust off his old plan to spin off a “small PPC” unit, which SYRIZA shelved when they came to power in 2015. In a nod
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