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  1. Athens broadly satisfied with EU Council approach on Turkey

    PoliticsForeign Policy

    . Athens supports this extra funding, however, expects from Turkey to control numbers of those... criticism by Chancellor Angela Merkel and President Emmanuel Macron over the acceptance

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  2. Exclusion from QE confirmed, only ECB's reinvestment programme left
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    EconomyProgramme

    probably being the country that needed it the most. The ECB’s QE programme is already winding down... the lowest dependency on Eurosystem funding since the crisis started in 2010. The June figures stand at just 16.3 billion euros: ECB funding is 9 billion and ELA from the Bank of Greece at 7.3 billion

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  3. Tsipras and Mitsotakis gear up for economy pledges, with eyes on fiscal targets
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    As Alexis Tsipras finalises his speech for the Thessaloniki Expo (DETH) on Saturday, his government is fending off accusations that the prime minister is preparing to make pre-election handouts and insists that any pledges made will be within the fiscal targets Greece has agreed with its lenders

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  4. EC report analyses state of play with privatisations as HELPE hits obstacle
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    day that the EC released its document, it emerged that no binding offers had been received... with Algeria’s Sonatrach after they were shortlisted for the tender. However, in the event, no binding bids... in the international environment that affect the consortia, there were no binding offers submitted

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  5. Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    . Spending is contained by almost 2 billion euros, primarily due to winding down most of the pandemic... under 39 years old and 300 million for renovations of properties for young couples. The funding

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  6. Newsletter 118 - 12/05/2017

    Newsletters

    , Tzanakopoulos described the court as issuing a “non-binding opinion” rather than a “ruling”. He also said... funding drops for 22nd straight month Greek banks’ funding down 67.43 billion from peak of 126.57 billion Greek banks’ Eurosystem funding continued to drop for the 22nd successive month in April, albeit

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  7. NBG net profits decline to 8 mln in Q3, NPLs continue to fall
    Photo by MacroPolis

    EconomyBanking

    -binding bids must be received by December 10, and binding bids by the end of February. The bank hopes... return to profitability. Eurosystem funding Eurosystem funding in Q3 stands at just 2.3 billion... ) funding. NBG remains the only core Greek bank that is off ELA while retaining a liquidity buffer

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  8. Privatisation chief sees gradual progress but revenues remain unclear

    Economy

    of the binding bids for Piraeus Port (OLP) would be set at the end of November or early December... that the deadline for the binding bids for Thessaloniki Port (OLTH) would also be extended by more than a month... to announce the binding bid dates for OLP and OLTH by the end of October. HRADF holds a 74.14 percent stake

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  9. HRADF development plan lays out list of actions pending for privatisations
    Photo via https://www.lamdadev.com

    EconomyFeatures

    for the submission of binding offers for the 35-year concession is 21 February 2020. This date... to the project. The original binding offer deadline was in February 2019 before it was extended... teams in October 2018 and March 2019. Based on their findings, subconcessions of commercial operations

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  10. Newsletter 81 - 08/07/2016

    Newsletters

    Stato Italiane, submitted a binding offer for the sale of a 100-percent stake in rail operator TRAINOSE, while there were no binding offers Italy's Ferrovie was the only company to submit a binding offer...) with ECB funding. The rating agency also reiterated that expects Greek GDP to contract 0.9 percent

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