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Greek banks in intensive care: What lies ahead?
Agorapublished on May 28, the European Commission (EC) had requested 11 EU countries to fully implement... directive, in circumstances of very extraordinary systemic stress the authorities may also provide
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After marathon in Brussels, short sprints for Tsipras in Athens
PoliticsGreek Politicsown failures over the last few months. The opposition parties may propose figures to enter... the country’s fragile state and the lack of trust between Greece and its lenders this may be too risky
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Tsipras holds off on reshuffle, suggests no way back for rebels
PoliticsGreek PoliticsPrime Minister Alexis Tsipras put off plans for a reshuffle on Thursday and may delay changes to his cabinet until next week, when a second set of measures demanded by lenders are due to be voted... lineup and Tsipras may try to bring in figures from outside the political arena to give his government
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Outcome of next vote on prior actions to set tone for political developments
PoliticsGreek Politics. There are concerns that this week’s vote may prove more testing because it affects farmers, and MPs from rural... the 120 ballots (which is the minimum needed to win a confidence vote), he may choose to resign
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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomyGreek banks’ Eurosystem funding rose by 10.17 billion euros in June after increasing by 3.56 billion in May, according to the Bank of Greece's (BoG) monthly financial statement published on Monday... with pillar II guarantees (at 50.6 billion at the end of May), pillar III bonds, T-Bills and Greek
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S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economy, the very weak current level of GDP may drive a statistical recovery commencing in late 2015 and early... and reopening of all branches as of July 29, the uncertain capitalization may hinder a return
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IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
EconomyGreece is expected to experience a significant recession this year and a milder one next year, while unemployment may edge up this year, according to the latest report on the Greek economy published... or slightly lower compared to last year. In addition, the reshuffling of the VAT rates may mitigate
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From the troika to the quartet
Agorarepayment to the European Central Bank (ECB). However, the growing speculation that Greece may have... an orderly conclusion of the negotiations. The Greek side may have an even greater incentive
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Bank recap and NPL management create conundrum in bailout talks
Economyidentifies capital shortfalls for one or more significant institutions, these may be covered by the capital... to a rumoured indicative timetable, the results of the assessment may be announced in October
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Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline
EconomyMacroeconomyGreece’s trade deficit fell for the second successive month in June, when it declined by 14.1 percent from 24.2 percent in May, according to the Hellenic Statistical Authority (ELSTAT). In absolute... for the first time since January, while were broadly flat in May (-0.04 percent) and positive in April
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