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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammeGreece has to implement to qualify for the disbursement of the next sub-tranche of 2 billion.
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Coalition starts to feel backlash from latest round of measures
PoliticsGreek PoliticsThe government is expected to unveil a second multi-bill on Thursday as it aims to catch up with the list of prior actions it needs to carry out to receive the next bailout tranche of 2 billion euros and then move on to the first review of the third bailout in November. The draft legislation
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Piraeus Bank reveals mitigating actions aimed at reducing size of capital increase
EconomyBankingmillion relate to senior bonds and 225 million to junior bonds. 2) Increase of Common Equity Tier 1
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Eurobank presents 2.12 bln equity raising plan to cover capital needs
EconomyBankingsecurities exchanged at 100 percent of nominal value, 267 million to Tier 2 securities (at 80 percent
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Trade deficit falls by markedly accelerating pace of 24.2 pct in Sept
EconomyMacroeconomyslipped by 2 percent and exports rose by 11.1 percent leading the respective trade deficit down by 15.5
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OECD sees recession in 2015-16, stresses need for reform implementation
EconomyMacroeconomyin 2016. Those projections stand 2 and 12 percentage points above OECD previous forecasts. Debt relief
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Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
EconomyProgrammeAs expected, the Eurogroup held on Monday took stock of the current state of play regarding the implementation of the Greek programme but it did not reach any decision on the disbursement of the next sub-tranche of 2 billion euros. During the press conference, Eurogroup President Jeroen
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Government in race against time to resolve bailout issues
EconomyProgramme. Those issues relate to the first set of milestones for the disbursement of the sub-tranche of 2
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Fitch affirms Greeceās rating, projects GDP to contract 0.3 pct in 2015
Economyof the fiscal adjustment falls in 2016, with measures of 4.3 billion next year from 2 billion in 2015
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Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgrammeof the first set of prior actions. Such a development would unlock the next sub-tranche of 2 billion
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