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The race to reduce Greece's bad loans
EconomyBankingAhead of this week’s Eurogroup, the bad loans plaguing Greece’s banks are once again coming into focus. It was reported by Naftemporiki newspaper this week that the Single Supervisory Mechanism (SSM) is anticipated to request a faster rate of dealing with non-performing loans (NPLs). Specifically
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Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomy. Receipts from non-EU countries increased at a slower rate (4.4 percent) and came to 170.6 million
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The tie that binds
Agora, is still fragile, the unemployment rate is still above 20 percent even though hirings have picked up
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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankingto grow by 2 percent annually, taking the unemployment rate to 16.5 percent in 2020, from 21.5
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BoG report outlines benefits of surveillance and scenarios for debt
EconomyBankingand interest rate outcomes. In previous sections in the report, BoG argued that the enhanced
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Draghi sets out QE obstacles facing Greece
EconomyProgrammehad been planned. Pitsilis added that the rate of increase in overdue debts slowed down, while 5.12
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Commission sets out parameters for post-programme enhanced surveillance
EconomyProgrammeto the agreed waiver of the step-up interest rate margin related to the debt buy-back tranche of the second
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More changes needed to unlock private sector's potential, report says
EconomyFeaturesinnovation intensity, led to a particularly low export rate of around 25 percent of GDP.” The authors also
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Disposable income grows by 2.1 pct in Q1, gross savings continue to shrink
EconomyMacroeconomyconsecutive quarter at -3.01 billion euros. The household saving rate (defined as gross savings
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Buckling under pressure of Mati death toll, Tsipras searches for corrective actions
PoliticsGreek Politics-fighting effort and made the blaze progress at a rate which did not allow time for an evacuation
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