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Podcast - Whose property? Greece’s housing challenges
AgoraAfter going through a really difficult time during the country’s long economic crisis, the Greek property market is booming, but that's creating a whole new set of problems. High rental and purchase prices are pricing out much of the local population as foreign investors snap up apartments
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It remains a mystery
Agorathat interest levels in 2012 were the same as in 2011). This means that from a total of circa 152 billion euros of total financing needs, 126 billion was to refinance and service the debt
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Greek banks less reliant on Eurosystem funding in September
EconomyMacroeconomypercent to below 25 percent of total Eurosystem funding from July 2012, reaching its lowest level... to reduce Eurosystem funding to total assets ratio below 15 percent by 2017, while current ratios range
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How Greek banks could cut 2014 financing gap with a bond rollover
Economygovernment bonds (GGBs) that mature in 2014 with a total nominal value of circa 15 billion... and recognised in EBA core Tier I, Tier I and total adequacy capital, while being excluded from core Tier I
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Greece trying to lay 'phantom' pensions to rest
SocietyYiannis Vroutsis said that a total of 51,551 bogus pensions had been discovered with the most... defrauded the fund out of a total of about 10 million euros. In May, Alternate Finance Minister Christos
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Does new troika visit spell fresh drama for Greece? Maybe not
Economyeuros were used for last year's debt buyback without increasing the total "financial envelope... year. At the same time, the IMF is scheduled to receive a total 9.1 billion euros in repayments
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When will Greek banks operate as credit institutions again?
Agorabank in Greece in terms of total assets (after National Bank of Greece) and the single largest in terms... combined total assets amounted to 99 billion euro in Q1-2013. Jens Bastian
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Greek banks’ reliance on Eurosystem fell by 2.36 bln in October
Economypercent of total Eurosystem funding from July 2012, reaching its lowest level at 5 percent... troika guidelines, Greek banks should reduce Eurosystem funding to total assets ratio below 15 percent
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A fierce political clash over medicine prices in Greece
PoliticsGreek Politicslast year a total of about 5.5 billion euros on some 6,800 drugs available on the local market.... Of the 5.5 billion spent in total last year, more than 900 million (almost 17 percent) was on generic
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Greek deposits slip in October as credit also contracts by 3.9 pct
EconomyMacroeconomymillion respectively counterbalancing time inflows of 922 million. Furthermore, total deposits.... Although some (10.87 billion) of total deposit outflows of 89 billion until June 2012 have returned
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