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  1. Athens and creditors place immediate focus on remaining key deliverables
    By Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    agreement by the May 24 Eurogroup, leaving the next few weeks until the June 21 gathering of eurozone... and structural reforms; (2) a clearer view of financing beyond the Third Programme (3) material... to some combination of: (1) a lack of cooperation between Greece and its institutional creditors; (2

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  2. The race to reduce Greece's bad loans

    EconomyBanking

    , a collateralised portfolio of NPLs from small- and medium-sized businesses worth 2 billion euros is also... period between 2018-2020. The bank announced on June 21 that it had entered into an agreement... NPLs in Greece tot he value of 2 billion euros. The consideration of the transaction, which amounts

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  3. Newsletter 168 -29/06/2018

    Newsletters

    growth rate, assuming that inflation will reach 2 percent in 2023 and remain at the that level.... 2 May budget primary surplus at 1.53 bln Confirmed figure beats the target by 1.35 bln The budget... by over 21 percent to 1.91 billion euros, higher than the target by 561 million euros. PIB revenues

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  4. BoG Monetary Policy Report positive on programme end but advises caution for future targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    the trust of international markets and keep borrowing costs sustainable. The decisions of the June 21... percent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent... to grow by 2 percent annually, taking the unemployment rate to 16.5 percent in 2020, from 21.5

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  5. Newsletter 189 -11/01/2018

    Newsletters

    /ESM/IMF loans edged down by a slight 2 million, and represented 71.5 percent of the total debt... requirements. 2 Unemployment at 18.6 pct in October Number of unemployed falls by 12.2 pct year... showed. For the same time last year, the unemployment rate came to 21 percent. Although unchanged from

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  6. Newsletter 207 -24/05/2019

    Newsletters

    by the Communist Party (KKE), making up the five parties that will elect Greece’s 21 MEPs. The final days... for next year is seen at 2 percent, from 2.1 percent in the previous outlook. The OECD highlights... indicated that the country will miss its fiscal targets this year. 2 April hirings balance positive

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  7. Newsletter 208 -31/05/2019

    Newsletters

    . In terms of how the 21 seats allocated to Greece in the European Parliament are shared out, eight go to New... on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions... of an issue,” he told the Cyprus News Agency. 2 Primary surplus confirmed at 1.46 bln in April Higher

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  8. Newsletter 218 -06/09/2019

    Newsletters

    carefully” and reminded MEPs that the IMF feels the primary surplus should be between 1.5 and 2... represents around 21 percent of the total. In its Medium Term Fiscal Strategy (MTFS) for 2020-2023... increases for both these geographic areas came to 0.8 percent and 1.1 percent, respectively. 2 GDP

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  9. General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    /IMF loans edged up by 21 million euros and represented around 71.4 percent of the total debt... of the total). Bonds increased by 2 million compared to July and stood at 56.12 billion, representing 15.9... billion, making up 5.6 percent of the total. Bank of Greece lending rose by 2 million to stand at 1.91

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  10. Newsletter 229 -22/11/2019

    Newsletters

    million visitors. 2 Central govt debt down to 353.85 bln in Q3 Average maturity remains stable at 21 years... the fiscal target. Growth is projected at 2 percent this year and 2.8 percent of GDP by 2020

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