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IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
EconomyProgrammeof 2 percent this year, picking up to 2.4 percent in 2019. Growth is expected to fall below 2 percent
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingpercent to 217.1 million QoQ. In H1, the figure fell by 2 percent YoY, with the decline coming to 3.4... quarter. Balance Sheet Eurosystem funding declined by 2 billion euros QoQ to 5.1 billion in June
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Retail turnover in June grows strongly led by fuel and supermarket sales
EconomyMacroeconomyand cosmetics also rose by 2 percent, while books, stationery and other goods showed a modest increase of 0.4... recorded in pharmaceuticals and cosmetics with 2 percent while automotive fuel volumes dropped by 2.1
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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicsfrom 2021. He said that the 2 billion euros in revenues from the tax (after his reductions... through the outsourcing of some services. He suggested that savings of 2 billion euros of savings
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ND defends economic pledges as Kammenos repeats walkout threat
PoliticsGreek Politicsin 2021 will be around 2 billion euros, which is the same as the funding that local authorities... euros, will create a fiscal gap. New Democracy responds to this by saying that it will find 2
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturessince 2011, focuses on high net worth investors. It has a higher threshold of 2 million euros and had.... These programmes range in scope and cost from that of Cyprus, which offers full citizenship for a 2 million euro
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Greek leaders' contrasting visions all a blur
Agoraof the centre-right opposition’s pledges that deserves closer scrutiny is the claim that 2 billion euros... said that the 2 billion euros in revenues from the tax (after his reductions) is roughly equivalent
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomygrowth at 2 percent. For next year, GDP growth is revised upward to 2.4 percent, from 1.8 percent... previously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingof Greece’s first loan portfolio securitised against mortgages, with a gross book value of about 2.... Emergency Liquidity Assistance (ELA) funding in particular fell to 2 billion in September from 3.8
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Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
EconomyBankingof the 7 billion transferred to the SPV and 2 billion from the securitisation of 2 billion euros-worth
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