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ND eyes start of recovery as public interest in Tempe issue appears to wane
PoliticsGreek Politicsis critical for regional and global stability – at the crossroads of three continents. We have a very... important,” he told the US outlet. “We have very strong ties with the Middle Eastern countries, we... role is very important when it comes on energy, on renewables, but also when it comes to important
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Newsletter 131 - 8/9/2017
the programme is still some way off. focus on the nascent economic recovery and the prospect of exiting.... A total of 95 prior actions have to be ticked off for the third review to be concluded. Further..., banks were off-target for reducing their stock of non-performing loans (NPLs). NPE stock
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Newsletter 201 -21/04/2019
Eurogroup nod allows next move Govt aims to pay off some IMF loans early after receiving 1 bln from...) to pay off some of Greece’s International Monetary Fund (IMF) loans before they mature. Greece... off at least some of the IMF loans early. Greece currently owes the IMF just under 10 billion euros
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Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results
Agoravaccine rollout has been dubbed a fiasco. However, if one looks at EU’s poorest and most corrupt member Bulgaria, one will see a catastrophe. While EU’s vaccination response has been lukewarm, its.... There are also at least 4 more vaccines that have been approved for use in at least one country
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Greek market jitters evident as investors dump shares and bonds
Economy2012. The sell-off in banks was more pronounced, with the banking index plunging 26.7 percent... Authority stock also suffered a heavy sell off, closing down more than 7 percent after the government... that the sell-off was accompanied by increased trading. Bonds The negative sentiment was also reflected
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European Commission's DSA reveals serious concerns over debt sustainability, need for relief
EconomyProgrammewith the latest EC economic forecasts (2.1 percent in 2017 and 2.5 percent in 2018) levelling off... points (pp) after 2022 and leveling off at 2.2 percent as of 2025. In its most recent DSA, the IMF... growth of 3 percent between 2019 and 2060. Moreover, the primary surplus is seen leveling off at 2
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomyat 29.71 billion euros, 1.62 billion euros off target. Net revenues came to 34.76 billion euros.... Specifically, income tax revenues were off target by 807 million, while property tax missed.... PIB PIB revenue stood at 81 million euros in September, 118 million euros off their monthly target
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Effort to end notaries' strike amid concern for auctions, NPLs
EconomyProgrammeto their associations calling off their boycott. Their key demands relate around the protection... towards the state, banks and social security funds cannot exceed 120. Other creditors must be paid off... off repossessions and other legal consequences.
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Coalition approves multi-bill in Parliament, Tsipras picks up extra MP
PoliticsGreek Politicschildren would be worse off as a result of the changes the government is making to the system. However... in the 300-seat Parliament but will help fight off doubts regarding the government’s cohesion. The opposition.... If the third review is rounded off, Athens can turn its attention to the next bond issue, the bank stress
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingit will mean a reduction in regulatory capital as banks will need to write off deferred tax credits (DTCs) accumulated. Legally, the amount written off in connection to DTCs will be recognised... mechanism in the proposal allows for the non-activation of DTC legislation, allowing banks to write off
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