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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammesupplementary funds into ETEA was signed on August 25 and became effective as of September 1 2) Early... reforms 1) Criminal law on tax evasion and fraud 2) Circular on fines and legislation on fines... will have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion
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Total health spending down to 8.65 pct of GDP as public healthcare sees big drop
SocietyThe total amount of health expenditure in Greece fell by just over one percentage point of GDP from...” of Greek health spending data with that of other countries. The revised data shows that total..., expenditure according to function; and thirdly, healthcare by provider. In real terms, however, the total
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Asking Greece to stack more austerity measures ignores past failings
Agorato 2018 and commit to an added 2 percent of GDP on stand-by in the event that targets are missed... an upwards-revised surplus of 705 million euros. This meant the target was missed by more than 2... negotiations was that the goal for the primary surplus in 2018 was lowered by 1 point to 3.5 percent
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Newsletter 103 - 20/01/2017
-case scenario. Specifically, starting from a fully-loaded common equity tier 1 (CET1) ratio of around... that the capital-neutral price for NPE sales stands above 40 percent of the nominal value of the total NPE..., the total number of payment cards in the Greek market rose further by 3 percent in the first half
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Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingstaying negative for a tenth quarter. A very slight increase in NPE formation of 2 million euros... and 2021. Reductions in 2019 are expected to come from the sale of the Pillar portfolio (2 billion..., bringing the total to 13 billion euros. The NPL ratio came to 29 percent from 33.1 percent in Q1 2018
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Newsletter 226 -01/11/2019
will probably be taken in April 2020 and that the fiscal targets may be reduced by 1 to 1.3 percentage.... Greece auctioned 625 million euros and the total amount offered was just above 1.8 billion euros... risen is that the previous auction of 26-week T-bills on October 2 for the same amount produced a yield
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Newsletter 107 - 17/02/2017
adopting in its winter forecasts the Greek outlook for a 2016 primary surplus of (at least) 2 percent... the Fund before these dates. The IMF believes that Greece has to adopt 2 percent of GDP (or 3.6 billion..., while interest payments soared 55.2 percent to 180 million, 40 million above target. As a result, total
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Newsletter 134
the Medium Term Fiscal Strategy (MTFS), led by 1.1 percent growth in private consumption and a 1... included in the MTFS, which was only submitted in mid-May. Total revenues have been downward revised from the MTFS figure by over 500 million, from 52.73 billion to 52.22 billion euros. This total figure
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomyrebounded 2 percent QoQ and 3.8 percent YoY. For the 9-month period, private consumption rose by 1 percent, while general consumption fell by 1.2 percent, leading total consumption up by 0.5 percent. Private... by 14.7 percent QoQ and soared 38.1 percent YoY. Overall, total imports rebounded 2 percent in the 9-month
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What is the state of play with Greek banks?
Economythe total loss for the sector stood at 31.9 billion. At the end of last year, the Bank of Greece (BoG... banks raised a total of 21.7 billion euros of which 3.1 billion or 14 percent stemmed from private... of their capital base was at high levels, with Alpha and Piraeus EBA core Tier 1 ratio (at the end
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