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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammeis set to agree to the threshold for the maximum deposits an applicant can have being set at 30 percent of the residual mortgage. The maximum level of the residual mortgage was set at 130,000 euros in the government’s original proposal. The report also suggests that Greek authorities are set
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IMF - 2018 Review of Programme Design and Conditionality
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Honey, I shrunk the Greeks
Agoraby one of the many middle-aged ladies that were handing out surgical masks and asked us if we wanted..., this view that now represents the official assessment and position of one of the troika’s members was demonized and ridiculed as conspiratorial in spite of the fact that one never needed to look further than
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Newsletter 246 -03/04/2020
, Finance Minister Christos Staikouras set out a fourth wave of measures aimed at supporting... billion. One-off financial support, consisting mainly of the 800-euro stipend for employees of business that have been forced to close or which have suffered a downturn, will set the state back
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set... the implementation of the second set of prior actions and the bank recapitaliaation. The quadriga mission chiefs are due to visit Athens next week to discuss with Greek authorities the second set of milestones
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Lenders set out post-MoU framework with aim of securing reforms
EconomyProgrammeDetails of the post-programme framework that is set to be agreed at Thursday’s Eurogroup, ensuring... in Kathimerini and Bloomberg set out the details how the enhanced surveillance will be structured and what... by the end of 2020 and set up at least 240 primary healthcare units during the same period. Centralised
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Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgramme) programme, last Thursday’s Eurogroup also outlined the set of commitments that the Greek authorities will have to undertake so the complete set of reforms are successfully signed off. Additionally, two... unified pension fund (EFKA) is expected to be fully set up by mid-2020, while reforms in the health care
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Govt brings energy saving to forefront as cost of support set to skyrocket
PoliticsGreek Politicsministers set to meet on September 9 to discuss bloc-wide interventions, the government in Athens... leading up to the TIF announcements, however energy is set to absorb the lion’s share of spending.... Meanwhile, government sources say the PM intends to set the tone by emphasising the unprecedented
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesa YoY rise of 28.5 percent. One component of foreign investment in the property market is Greece's... are shaping new conditions, with potentially significant short-term effects on the real estate market.” One... for Greece. Tourism was flagged up as one of three main channels through which the coronavirus outbreak
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Compromise emerges on liberalisation of NPL market
EconomyProgramme-residence backed NPLs across all lending categories until the end of 2017 under certain criteria... which a property belonging to an unmarried owner cannot be sold has been set at the so-called objective... will be set at 20,640 euros for a couple with two children. In addition, the borrower should also
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