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Terms & conditions
No image availableTerms & conditions WEBSITE TERMS & CONDITIONS 1. Description of the Services 1.1 We welcome you... of the following sections (1) Home, (2) Politics, (3) Economy, (4) Society, (5) Statistics, (6) Charts, (7... recently. SUBSCRIPTION SERVICE TERMS & CONDITIONS 1. Description of the services 1.1. We welcome you
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Eurogroup clears next bailout tranches for Greece, sets new goals
EconomyProgrammeamounting to 1 billion each are linked to the implementation of milestones agreed between the Greek... of 2.9 billion in 2013, Greece will allocate 1 billion to reduce the country’s debt, 1 billion... involves one-off handouts to 1 million Greeks with low incomes and a temporary boost for members
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Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
Economyunpaid pensions, 1 billion from lump-sums and 450 million from unpaid supplementary pensions. POPOPK... of unemployed surging by 1 million to 1.34 million in Q1 2014 from 364 thousand in Q3 2008. b) 3 billion... actions demanded by the eurozone for the disbursement of the next two bailout sub-tranches of 1 billion
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomyconsumer price index is anticipated to peak to -1 percent in 2014 easing to -0.6 percent in 2015... to remain in surplus over the 3-year period at 1.2 percent of GDP in 2014, 1 percent in 2015 and 1.8... (from 26.7 percent) in 2015. An additional drop of 1 pp to 24.1 percent is projected for 2016
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Newsletter 29 - 05/06/2015
lenders are demanding new fiscal measures of around 3 billion, which is markedly higher than the 1–1.5... surplus targets to 1 percent of GDP for 2015, 2 percent in 2016, 3 percent in 2017 and 3.5 percent..., for the 1 percent primary surplus target to be met, additional measures of 3 billion have to be adopted
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A breakdown of Greece’s revised financing needs as part of its new ESM programme
EconomyProgrammein the August 2015 – 2018 period. This amount incorporates: 1) Amortisation on the Eurosystem ANFA... payments Interest payments are calculated at 16.6 billion and mainly relate to: 1) Eurosystem ANFA... (1.8 billion). 5) Greek Loan Facility (GLF) loan (1 billion). 6) New European Stability Mechanism (ESM
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Greek banks' equity raising could keep official support to a minimum
Economy, and hybrid securities is activated. CoCos, which qualify as Common Equity Tier 1 (CET1) capital “pari passu... and 78 million to Tier 1 securities. Bondholders are offered the option for a share exchange at 100 percent of nominal value for senior notes, at 80 percent for Tier 2 and at 50 percent for Tier 1
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Coalition considers options for addressing pension system sustainability
EconomyProgrammepensioners currently stands at 1:1.7 compared to a target of 1:2.1 for a viable pension system. The key points of the proposed pension reform include: 1) A national pension with a growth clause equal... savings from pensions of 1 percent of GDP in 2016. Katrougalos said the aim is those savings
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgramme’s key provisions relate to the parametric fiscal measures yielding 1 percent of GDP... as of June 1 with estimated annual revenues of 437 million and a rise in the excise tax on cigarettes... of the public sector attrition rule from 1 hiring for 5 departures in 2016 to 1:4 in 2017 and to 1:3
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.86 percent in June from... the weighted average rate on total new deposits eased by 1 bp to 0.42 percent, which represents a new record low since Greece’s euro accession in 2002. Loans Corporate loan rates for amounts less than 1 million
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