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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingthrough lower redefaults and higher curings. Overall, the domestic NPE stock came to 10.8 billion
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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammeof this scenario do not yield 1 percent of GDP, the remaining amount will be covered by further cuts... measures for redeploying or retraining workers and commitment to re-hire first the workers
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammethe firm may submit a social plan including measures for redeploying or retraining workers
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
Societyon a regional and local level. The retraining of unemployed graduates for their re-entry
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Newsletter 274 -20/11/2020
infections drew to a close as infections and hospitalisations in the north remaining persistently... to contain and turn back protestors, detaining more than 100 in the process, was used as proof
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After paying IMF, Greece looks to cover remaining funding needs for March and April
EconomyProgrammeΤhe government has covered a large part of its funding needs for March, which mainly comprised of 1.5 billion euros in payments to the International Monetary Fund and the rollover of 4.6 billion euros worth of T-Bills. Local media reported that Chinese ...
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Report shows Greek tax burden increased in 2015, remaining above OECD average
EconomyMacroeconomyThe latest OECD report on Revenue Statistics published on Wednesday revealed Greece’s tax burden increased further by 1 percentage point (pp) to 36.8 percent of GDP in 2015 and remained above the OECD average of 34.3 percent for the third successive yea...
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Focus back on remaining prior actions after mission chiefs' visit
EconomyProgrammeAfter the week-long visit by the institutions’ heads of mission to Athens as part of the third programme review, the focus will now shift back to the implementation of the dozens of outstanding prior actions needed for the inspection to be completed. Th...
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Athens and creditors place immediate focus on remaining key deliverables
EconomyProgrammeThe drama-free announcement of the bank stress test results on Saturday cleared the way for Greece and the institutions to focus on the completion of the fourth review in the coming weeks. The lenders are due to send their teams back to Athens in mid-Ma...
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeThe talks between the Greek authorities and the heads of institutions concluded on Wednesday as the fourth post-programme moves on to the next stage. This involves a draft budget for next year that honours the 3.5 percent of GDP primary surplus commitme...
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