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Newsletter 141
that Kammenos overstepped the mark in efforts to secure a deal to sell up to 300,000 105mm antitank rounds... payments will drop from 6 billion this year to 5.2 billion next year, while public investment... receipts up by 15.5 percent. However, the upsurge is not consistent across all sectors, and several
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Newsletter 142 -1/12/2017
conference to accuse him of submitting invalid documents to Parliament to back up his claim that Riyadh... by the end of the year. The goal is to then step the number up to 500-700 in January, according to reports... fell by 51.4 percent to 1.33 billion, missing the target by 1 million euros. Sentiment edges up 0.1
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Check, please: How much Alexis Tsipras's first months cost Greece
Agora. The budget was not performing according to targets and it ended up missing the programme’s primary surplus... and 3.7 percent in 2016. Both organisations saw private consumption and investments pick up due... followed was the sharpest drop in private sector deposits seen during the crisis. Deposits
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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingfor a seventh consecutive quarter by just under 700 million, picking up pace from the previous quarter's... ratio inched up to 74.7. NBG’s NPE and NPL coverage ratios are the highest among its domestic peers... by an increase in domestic card usage and the pick-up in corporate lending and asset management
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Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
EconomyMacroeconomyfor the month, up by 12.6 percent. However, payments also rose by 37.7 percent to 158.8 million... in foreign arrivals, which went up by 8.9 percent during the period and came to roughly 484,100... visitors from France rose by 1.9 percent. A drop of 27 percent was noted for arrivals from the UK
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After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit
EconomyProgrammeabolishing the step-up interest rate margin related to the debt buy-back tranche from the end of 2012... of EFSF interest and amortisation up to 15 years. The IMF is also insistent that the so-called French mechanism for providing top-up relief if Greece misses its growth targets in the future should
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Travel surplus rises by 48.2 pct in March as receipts increase
EconomyMacroeconomydrop noted in February, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 252.3 million euros for the month, up by 28.2 percent. This offset a rise of 20.7 percent in payments, which... by a rise in foreign arrivals, which went up by 12.8 percent during the month and came to roughly
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Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
EconomyBankingFollowing weeks of uncertainty and pressure on the banking sector, which climaxed in a big drop... because it got caught up in the tensions that emanated from the emerging markets in the summer... reduction targets up to 2021. According to reports, the new targets involve the restructuring of 50 billion
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IMF distances itself from budget talks, leaving Athens and EU to hammer out deal
EconomyProgrammeimplement the pension cuts it has agreed for next year, it will leave it up to Athens and its European... it up to the Greek government and its European creditors to find a way of settling the content of next... as moving in this direction by freeing up fiscal space for non-retiree social spending which remains low
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Travel balance rises by 0.8 pct in September and 9.1 pct in 9M
EconomyMacroeconomyGreece’s travel balance edged up by 0.8 percent in September, following a 1.4 percent rise... also fell by 15.7 percent to 141,900. Finally, visitors from Russia registered a slight drop of 0.4... outlook predicts that tourist numbers could reach up to 30 million in 2018, but warns of competition
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