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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agora, the Bank of Greece and the Ministry of Finance.[2] The internal bad bank model for Greek institutions... Criticising NAMA’, August 27th 2009. [2] Kontogiannis, Dimitris, ‘Bad Bank Model Gains Ground in Greece... as usual are premature. Lending volumes to private households and business continue to be anchored
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyrecession is taking its toll on indirect taxes with key elements showing a low double-digit drop... in October and 11.1 percent to October) with the drop in VAT just shy of 10 percent for both periods... and -8.4 percent to October. The drop in grants to the social security sector decelerated to 13.1
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomydeterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million...-a-vis a surplus of 359 million in the corresponding period last year. The latter reflects a drop... MoM to 313.17 billion reflecting: 1) A drop in Greek government bonds (GGBs) by 3.55 billion
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Tsipras visit to Moscow confirms thaw in relations with Russia after diplomatic spat
PoliticsForeign PolicyPrime Minister Alexis Tsipras’s visit to Moscow last week and the warm remarks made by him and Russian President Vladimir Putin during a press conference that followed their meeting at the Kremlin... a more competitive market in the region, which would not be in Russia’s interests. Business as usual
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Running the wrong way: Rama's spat with the EU over vaccination underlines growing frustration
Agorawith non-Member States” such as Western Balkans, in spite of remarks that the pandemic crisis can only... electoral hopes for a third mandate. The usual tricks on the campaign book seem less appealing this time
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Greece targets seat on UN Security Council as North Macedonia row rumbles on
PoliticsForeign Policyto use the name Macedonia in his public remarks, during a press conference on Wednesday. “Whatever... representatives of the African countries will vote. The usual procedural attendance averages 180 out
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Time running out for government action out as water crisis deepens
PoliticsGreek Politicsthere are no other options. It is the hour of decisions.” His remarks set the tone for a week in which regulators... allows fast‑tracked works without the usual bureaucratic delays, though officials insist consumption
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Greek primary budget surplus doubles to 835 mln in Jan but below target
Economybetter than the target. The sharp drop mainly reflects a drop in grants to social security sector... of 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika
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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgrammeresulting from the drop in economic activity will not affect compliance with the applicable fiscal rules...’s 37-billion-euro “Corona Response Investment Initiative,” which will be directed at health care
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Mitsotakis urges EU to act after European Council stalemate
PoliticsGreek Politicsto have earlier called for a so-called “corona-bond” to be issued to give governments the necessary..., particularly preventing job losses and supporting business that suffer a drop in turnover. He referenced
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