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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgramme, including the interest rate, is not permitted. The loan management may be conducted by companies based
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Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln
EconomyMacroeconomycredit (-27.8 percent) and corporate lending (-22.3 percent), while the drop rate in housing loans
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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomyorder intakes, a drop in output and job shedding. In specific, the survey showed that the rate of drop
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Access to finance remains far bigger problem for Greek SMEs compared to euro area peers
EconomyMacroeconomywas not a significant concern for Greece where the respective rate was kept close to 5 percent remaining by far
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Government tables amendments with aim of securing bailout tranche within days
EconomyProgramme, and to a potentially higher interest rate on large corporate loan sales under certain circumstances. Economy
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Government hopes offer of tax breaks and grants will spark growth boost
EconomyMacroeconomyof investments, the law foresees a stable tax rate for 12 years or a tax exemption up to 10 percent
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Car sales surge for second straight month, rising by 33 pct in May
EconomyMacroeconomyhigher rate of 37.1 percent to 15,300 in May, which is also a new high since June 2010. Passenger car
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Building activity falls by 11.5 pct in March for third straight decline
EconomyMacroeconomy, permits eased 0.9 percent, which was the slowest rate since the beginning of the Greek crisis
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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammerefinancing rate of 5 percent after the end of the programme. Based on those assumptions, the debt ratio
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Some basic products in Greece among most expensive in EU
Societythe average EU price, the fourth highest rate. Only in Denmark (128 percent), landlocked Austria (125
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