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Newsletter 60 - 29/01/2016
Programme review to kick off Government optimistic about macro and fiscal performance During...’s offer to meet and it seems the stand-off will become tenser in the days to come as farmers have... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot
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Greek foreign minister cautious on EU veto and NATO patrols
PoliticsForeign Policydecision to take the unilateral decision to seal off its borders). Kotzias’s interview on Skai TV...,” he said. Commenting on Austria’s stance and its decision to seal off its borders while excluding
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingexpenses also reflecting one-off costs. Pre-provision income (PPI) fell 63.4 percent quarter on quarter... voluntary exit scheme, 35 million to resolution fund’s cost and 19 million to other one-off costs
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Leaked IMF exchange sours mood before bailout review resumes
PoliticsGreek Politicsthe mission chiefs broke off negotiations on the bailout review for Catholic Easter, highlighted...-off between Greece and its creditors. This could be especially true if the Greek government decides
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Newsletter 71 - 22/04/2016
the corresponding ECB funding with cash. This would also lead to a one-off trading gain of 500–600..., their sheen will somehow rub off on him. For a leftist leader who is implementing economic
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Tension rises in Greece but creditors see potential for agreement soon
PoliticsGreek Politicsof GDP in measures (3.6 billion euros) now as this may kill off any hopes it has of convincing its... member states will be content to sign off on the deal.
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Outline of fiscal mechanism for automatic cuts emerges after Eurogroup
EconomyProgrammeStatistical Authority (ELSTAT) each April. If the primary surplus is off track by more than 0.25... 1.5 percent and if the programme is off track by 1.76 to 2.25 percent then 2 percent of new cuts
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Coalition prepares final legislation for review, opposition expects no upsets for now
PoliticsGreek Politicsbe implemented if the programme is off track in the coming years. Having already voted through 2... only a few weeks ago the conservatives seemed convinced that Tsipras might use the stand-off
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingseventeen quarters since Q3 2011. It is worth noting that stripping out a one-off gain of 57 million posted...-off item of 57 million stemming from the negative goodwill of the Alpha Bank Bulgaria acquisition
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgrammerate of expenditure cuts. If the primary surplus is off track by more than 0.25 percent of GDP... 1.5 percent and if the programme is off track by 1.76 to 2.25 percent then 2 percent of new cuts
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