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European Commission review of Greek programme: The key points
EconomyProgramme), the EC estimates Greece would have needed an additional 5 billion to cover its financing needs until.... The turnaround in 2014 following a recession of 25 percent in the last 5 years is mainly supported... of nuisance charges, 4) adoption of the code of conduct for members of the government, 5) adoption
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammewith cumulative privatization proceeds of around 3 billion over the past 5 years and government’s vague... stressing that the risk remains on the downside. 4) Clearing arrears (additional needs of 5 billion... in the aftermath of tight financing conditions. 5) Rebuilding buffers and paying down short-term borrowing
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Greek banks in intensive care: What lies ahead?
Agora(Eurobank 950 million and NBG 1.35 billion) as well as subordinated and senior debt of 5 – 5.5... percent of liabilities, a contribution from the resolution funding arrangement up to 5 percent... in the last five quarters, whilst their NPLs rose by around 5 billion over the same period. However
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Latest polls add to uncertainty ahead of Sunday's elections
PoliticsGreek PoliticsG Dawn 6.5 KKE 5.5 PASOK 5 Potami 5 Centrist Union 4 Popular Unity 3 Ind Grks 2.5 #Greece... KKE, PASOK & Potami 5 Centr Union & Popular Unity 3 Ind Grks 2.5 Und'd 15 #Greece — MacroPolis... 5.5 Potami 5 Popular Unity 3.5 Centrist Union 3.2 Ind Grks 3 #Greece — MacroPolis (@MacroPolis_gr
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Adult skills in Greece lacking, indicates OECD survey
Societyof proficiency (level 4 or 5) in literacy, compared to around one in 10 adults (10.6 percent) on average...-olds in Greece, who, scoring 6.2 percent, are 5 percentage points below the average. Significantly... percent of adults in Greece attain level 4 or 5, well below the OECD average of 11.2 percent. Similar
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Newsletter 94 - 04/11/2016
goal is still to try to wrap up the second review by the end of November so the December 5 Eurogroup... of the review before the December 5 Eurogroup, while a European Commission spokeswoman said on Thursday... on mass layoffs in a firm to rise from 5 to 10 percent, while they are also seeking changes in the trade
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomydriven by a significant increase of 5 percent in exports of goods and services, thanks to a very strong... Exports of goods and services recorded a second consecutive quarter of growth in Q3, accelerating by 5..., close to 5 percent, to 26 million in 2017. Moreover, travel receipts are estimated to rise
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Newsletter 143
increase of 0.8 percent in Q2. The expansion in Q3 was mostly driven by a significant increase of 5... of goods and services recorded a second consecutive quarter of growth in Q3, accelerating by 5 percent... percent QoQ but increased by 9.3 percent YoY, up from the 5 percent YoY growth rate posted in Q2
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBankingreduction has surpassed 5 billion euros. The movement in Q1 originates from negative formation of 140... peers. The total Greek loan yield fell slightly to 377 bps from 388 bps in Q4. Fee income fell by 5 percent QoQ to 62 million, rising by 5 percent on a YoY basis. Trading and other income stood at 25
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Newest Greek market foray for 10-yr bond breaks two records
EconomyMacroeconomywas officially opened with a guidance of mid-swaps plus 105 basis points, 5 basis points lower than... even lower by 5 basis points to 100 basis points. At the close, offers exceeded 29 billion euros... more than what was initially planned, with the transaction closing formally just before 5:00 pm UK
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