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Clearer picture emerging ahead of stress tests, banks appear confident
EconomyBankingof the programme, is completed the total amount of capital needs will not exceed 10 billion euros... standards are effective from January 1, and have a more forward-looking approach on provisioning. Banks... of 2.5-3 billion euros, will bring the total figure closer to 9.5 billion euros, which Greek lenders
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomyby 33,636. Total employment has been standing above 3.7 million since February last year. The figures..., the highest remains in the below 24 years bracket at 45.4 percent, although slightly improved by 1.... Full-time hirings increased to 55.6 percent of the total, representing the first time since May 2017
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Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
EconomyMacroeconomyof 1 percent, investments are due to increase by 0.8 percent, while exports growth will outpace... in September. These fiscal interventions total 910 million euros, nearly evenly split between lowering... disbursements earmarked to build a total buffer in the region of 26 billion euros so Greece could be fully
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Parties vie for voters' attention as New Democracy prepares for congress
PoliticsGreek Politics, or Katrougalos law, passed in 2016. Around 620,000 recipients, out of a total 2.6 million pensioners... to the period from January 1, 2015 to December 31, 2016 and will cost the state budget 8.8 million euros... the scheme would apply for taxpayers owing up to 3,000 euros in total, which he said would cover
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IMF sees Greece on course to meet fiscal targets and reduce debt
EconomyProgrammein Attica on November 1. According to the agency’s plans, 120 inspectors will be tasked with going... unpaid dues, just 6,043 owe above 1.5 million euros each. The total outstanding amounts owed... that just 79 tax registration numbers (AFM) owe a total of 34.15 billion euros. The collection centre
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Current account deficit widens in March due to deteriorating goods trade balance
EconomyMacroeconomya year ago. Total exports of goods in March reached 2.7 billion euros, against 2.82 billion in March.... At the same time, total imports reached 4.2 billion euros, from 4.5 billion euros last year... in last year’s first quarter. Exports in the aggregate period rose by 1 percent and came to 7.7
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ND maintains big lead but keeps foot down to counter possible low turnout
PoliticsGreek Politicswell their party performs. A total of 20 parties and four coalitions have applied to take party in the July 7 elections, which is around half of the groupings (41 in total) that took part... that was due to take part between the party leaders on July 1 as Alexis Tsipras will have to attend
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Is Greece facing a new migration crisis?
Societythousand people were landing on the beaches daily. A total of 9,656 people arrived in Greece... in Greece out of the total 1,152,653 migrants who arrived in the country since the beginning of 2015... as arrivals outpaced relocations to mainland Greece by about 3:1. Decongestion of the islands has been mainly
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsand which the ministry sees as a boost to public coffers. The total amount to be settled via the scheme... at a reported 1 billion euros. The matter has been complicated by the recent Council of State decision regarding... minister Dimitris Papangelopoukos for allegedly meddling in the Novartis investigation. A total of 173
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ND tries to quash refugee backlash, protect strong poll ratings
PoliticsGreek PoliticsPetsas claimed on Tuesday that none of the transfers will lead to the total number of refugees exceeding 1 percent of the local population in any of the areas where empty hotels or disused army camps... they are showing “tolerance.” In contrast, a total of 36.1 percent say they feel “anger
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