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Banks focus on defining challenge of reducing NPEs
EconomyBankingto the Bank of Greece a set of proposals for the further relaxation of capital controls. Bankers argue that the lenders’ low credit ratings is due to capital controls. Sources say that there may be two
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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammequarterly key statistics related to capital controls as well as providing an assessment and proposals for the process of relaxing the capital controls. The goal is to abolish them while ensuring the minimum
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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomyof capital controls is seen as a positive factor towards investment spending growth, the fact... depressing imports as disposable income collapsed and recently due to capital controls, the Council
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomysuch as the restriction on capital flows after the capital controls of 2015, and external factors... debt recovery procedures, and the intensification of tax and customs controls.” the report states
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S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
Economyin the banking system and the capital controls. S&P highlights that Greece has one of the most... elimination of capital controls. Mitigation of the risks related to court rullings on past fiscal
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economycapital controls. Capital controls were fully lifted last month and only last week the Greek
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BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBankingcontrols that were introduced in the summer of 2015 and were gradually relaxed over recent years.... The deposit base is also improving as deposits return. The lifting of capital controls is expected
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Parties pick from energy policy menu as EU response opens up more options
PoliticsGreek Politicsrendering such a measure ineffective. Kyriakos Mitsotakis’s 6-point proposal for controls on natural... to their thinking, pointing to their own advocacy for price controls and their historic proposal for a Eurobond
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Speculation over polls heats up as parties battle over cost-of-living measures
PoliticsGreek Politics, negotiations are underway with the larger supermarket chains to agree on price controls for a basket of 50 basic goods. The controls are set to become mandatory for the largest retailers after
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Tsipras hints at June launch for new party as poll suggests disruption potential
PoliticsGreek Politicsto tie any Tsipras comeback to the economic instability, capital controls, and bank closures...), and market inspections (17.1 pct) — broadly favouring fiscal relief over price controls or subsidies
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