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Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
EconomyFeaturesLast week, electronics retail chain Elektroniki Athinon declared bankruptcy, citing a combination of a drop in demand, the capital controls introduced last year and a lack of confidence in the Greek economy by foreign suppliers as causes. Those following the struggles of the company could see
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Lenders agree new loan disbursement, piecemeal approach to debt relief
PoliticsGreek Politicsoff its suppliers and others it owes money to. The money that will go towards covering debt
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammeof court settlements. · Reforms in the gas market improving the access to many suppliers
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Pending pensions mount up, complicating fiscal effort
Economy). In addition, 1.2 billion is owed to private suppliers and more than 75 million to insured workers
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Marinopoulos travails point to wider difficulties for supermarket sector
EconomyFeaturessuppliers have meant that the supermarket’s shelves were often eerily empty. Products were pushed
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Newsletter 86 - 26/08/2016
on obligations to suppliers, while tax and social security contribution arrears will be paid in full
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Greek stocks edge up 0.7 pct on week, banks rise 3.8 pct for first time in last six weeks
Economyand a haircut of 40-50 percent on Marinopoulos obligations to its suppliers. Motor Oil releases its H1
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After talks with lenders, Greece returns to list of tasks to secure next bailout payment
EconomyProgrammepaying wages, suppliers and bills. The institutions reportedly expressed disagreement with both
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New regime on electricity producers from RES/CHP stations foresees further investments in Greek energy market
LegalSuppliers (or charge representatives). The provisions of the new law definitely create a favorable
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Greece gears up for second review, faces wide-ranging reform to-do list
EconomyProgramme, improving access conditions for alternative suppliers and substantially increasing the available
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