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Third review agenda becoming more complex for Tsipras
PoliticsGreek PoliticsGreece’s lenders and an agenda that seems to be broadening by the day. The initial subjects up... unpaid taxes also shot up by just over 2 billion euros compared to a rise of 727 million euros in June. The Finance Ministry has been trying to make up for the shortfall through confiscations so
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China's footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agorastrategy in the making. They argue that their countries are opening up to China, but that at the same time China is opening up to Southeast Europe. To illustrate, China has established a new... payment of Euro 678 million and follow-up infrastructure investments worth Euro 230 million. In August
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Newsletter 136 - 20/10/2017
and to talk up its potential as a destination for investment . In this respect, the visit could... with one of the goals he hoped to achieve while in the US as the government tries to focus on the build-up... up a joint team of US and Greek officials to help advance investment projects. There have been
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Athens expects 800 mln sub-tranche as review talks progress
EconomyProgrammein the talks. The 500 million euros in new measures lined up for next year may not be considered enough... that up to 1 billion euros more in interventions may be demanded so that a fiscal gap of around 0.5... on a strike increases to 50 percent. Currently only a third of paid up members have to cast
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EC upbeat on reforms paying off, as long as they continue
EconomyProgrammeup during the failed negotiations in the first half of 2015. The arrears clearance programme was stepped up using funds disbursed as part of the first review and has reduced the stock from 9.7 billion... to up to 750,000 people, 7 percent of the Greek population. It costs 750 million euros annually
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Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBanking. This led to nine-month net profits coming to 132.2 million euros, up, by 12.6 percent compared to last... interest income (NII) and fees, while operating expenses edged up very marginally. Asset quality The non... points QoQ to 44.7 percent in Q3 from 45.1 percent in Q2, while the NPE coverage ratio edged up to 51.6
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Athens, creditors on way to settling energy, labour issues in third review
EconomyProgrammesuggesting that there will be as few as two homes up for sale. Banks are expected to try to auction at least 50 properties via the electronic platform by the end of the year, with 15,000 to 20,000 lined up...-level agreement (SLA) being reached by Monday’s Eurogroup. A number of other items up
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How Greece sleepwalked off a cliff in 2009, in black and white
Agorahe hadn’t even started the job when the events unfolded. Those assertions do not stand up even... in the second half of the year would be reduced by 4.5 percentage points. The cash deficit up... in the region of 30 to 35 billion or up to 14 percent of GDP, given the dismal figures for September
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Government takes another stab at media regulation among growing scepticism
Societyits implementation on technical grounds. In the run-up to the first tender, New Democracy and PASOK..., a government contractor allied to SYRIZA, failed to come up with the funds for the license after... 35 million euros – significantly less than was raised per license in the last round, but adding up
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Reshuffle scenarios resurface for Tsipras after ministers resign over rent subsidies
PoliticsGreek Politicsin rent subsidies since taking up their positions in the government. It should be noted the ministers... have been stepped up and show no sign of abating. Tsipras is more likely to be concerned, though... April and to wrap up the fourth review in May. Although Papadimitriou’s primary role
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