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Greece sets out broad reform plan for lenders' approval
EconomyProgrammestability with emphasis on instalment schemes, banks and non-performing loans (NPLs). 3) Policies to promote... Finance Ministry target to collect more than 3 billion euros from unpaid tax obligations of the previous years in up to 100 instalments. On NPLs, the government pledged to deal in a manner that fully
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Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBankingsynergies and 100 percent of funding synergies related to the acquisition of 5 banks (ATEbank, 3... contraction. Eurosystem Eurosystem funding increased by 3 billion euros QoQ to 14.1 billion at the end
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Athens Stock Exchange ends week on a low, banks lose 9.7 pct
Economydaily turnover rose to 100 million euros this week, with three of the four sessions recording a turnover... of 3 million in Q1 from losses of 4 million last year on the back of a strong rise in revenues... to 80.7 billion, while the ELA liquidity buffer remained unchanged at 3 billion.
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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgramme. At the same time, the advance payments for corporate income tax increases from 80 to 100 percent... and 30,000 euros, the rate remains at 1.4 percent 3) Between 30,000 and 50,000 euros, the rate increases... for the higher rate on corporate profits 3) 251 million from the increase in the solidarity levy rates 4
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European Commission evaluates impact of bailout programme
EconomyProgramme) for main pensions and to 6 percent (from zero) for supplementary pensions. 3) Integrating all supplementary... base for the self-employed. 3) Rationalise the different systems of basic, guaranteed contributory... percent as of 2016 and the increase in the advance payment for corporate income from 75 to 100 percent
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Newsletter 45 - 02/10/2015
of prior actions for the disbursement of the next bailout tranche of 3 billion euros. Media reports...’s budget envisaged a general government primary surplus of 5.6 billion (3 percent of GDP... and the European Commission will propose spending another 100 million euros before the end of the year
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NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
EconomyBankingincome down 22 percent QoQ to 759 million. As a result, despite a cut in operating expenses by 3 percent... time since the turmoil that emerged last December. In contrast, gross loans contracted by around 3... of around 1 billion and sale of 100 percent of Finansbank. However, since the completion
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Newsletter 51 - 12/11/2015
3 billion, with an additional 0.4 billion expected after the bail-in is triggered. As we indicated... an initial indication on November 3, Eurobank announced on November 12 that it has received... to the scheme allowing tax debtors to pay in up to 100 instalments, equivalent fiscal measures
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NBG strengthens capital at deep discount, falls short of initial target
Agoranoted on November 3 that part of the proceeds from the sale of its entire stake (100 percent... by the management on November 3 when it presented its capital plan. This largely reflects the lower
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Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
EconomyMacroeconomyexpenditure largely reflects proportionally lower costs for: 1) Operational and other expenditure of 100...) corresponding to 2.9 percent of the full year target of 1.26 billion 3) Conditional expenditure of only 58.... Overall, expenditure fell 5.3 percent to 3 billion, 469 million lower than target. PIB The remarkable
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