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Newsletter 142 -1/12/2017
primary balance was confirmed at a surplus of 5.33 billion euros in the first 10 months of 2017... that, on a preliminary basis, the first year-on-year decline was observed in September rather than August. In turn
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Athens unmoved as relations with Russia become chillier
PoliticsForeign Policythan in having talks with the Greek government. No official agreements, no new business plans... as it upsets the military balance in the Aegean, in the eyes of the Greek government. In 1997 when Cyprus
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Newsletter 146 -12/01/2018
) continued to be the most improved category, with a primary cash balance of 2.52 billion euros compared...-on-year basis, the figure is 109,584 higher than that for the same time last year. The number
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BoG sees ample capital space for banks to sell bad loans
EconomyBankingassets and NPEs. Based on a static balance sheet approach as of the end of June 2017, the systemwide..., in scenarios 2 and 3, Greek lenders can sell more than 75 percent of portfolios in scope, i.e. 27.1
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Greece's immediate focus on prior actions and growth plan
EconomyProgrammeof labour and the welfare state, and fiscal and macroeconomic balance. He said the government... bids is less than 15 percent. The privatisation agency has also reportedly given train operator
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Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
EconomyMacroeconomyThe balance of travel services came to a surplus of 12.73 billion euros for the full year in 2017, according to figures released by the Bank of Greece (BoG). The headline amount is 13.6 percent higher than the surplus of 11.20 billion noted for the same period last year. The rise was driven largely
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Bank stress tests find no capital needs, clearing path for MoU exit
EconomyBanking-wide EBA exercise. The exercise took place earlier than for banks in the rest of Europe so... at all times and the effort of derisking their balance sheets and the reduction of NPEs.
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Multi-bill and MTFS heading to Parliament for conclusion of fourth review
EconomyProgramme, there will be a 50-50 split. The Finance Ministry hopes that these interventions will help counter-balance... billion euros) but Germany wants the repayment period to be lengthened by no more than six years
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SYRIZA readies itself for election battle, Mitsotakis pledges pension overhaul
PoliticsGreek Politicsof a new political secretariat, which will provide some insight into the political balance within... contributions and earnings than was the case in the past. Mitsotakis insisted that he would not be making any
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Parties take another look at granting vote to Greek expats
Societyas an extension of citizenship, which in turn is defined as a “blood right” tied to descent rather than... the political balance has always been a key concern, and it is easy to see why. The Foreign Ministry’s
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