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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politicsinvestigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior
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Spain’s economic recovery languishes amid graft scandals
Agorathe 0.5 percent rate calculated by the European Commission but lower than the 1 percent estimated...” in implementing reforms and adjustments that have triggered “enough dynamism” for growth of 1 percent of the GDP.... According to the European Commission’s economic forecasts, Spain’s deficit won’t be lower than 6 percent
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Greece exceeds expectations with first return to bond markets after four years
Economyexpectations in early March for a coupon slightly below 6 percent and recent market rumours indicating a rate.... This meant there was a sharp yield decline of 1 percentage point in February and March, whereas the yield... to around 1 to 1.5 percent, which would translate into annual cost savings of around 200 million euros
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Greek current account deficit rises to 709 mln in February
EconomyMacroeconomythe latter incorporates a rise in tourist arrivals by 10.2 percent, The year-to-date C/A deficit stood at 1 billion euros showing a marginal rise by 6 million compared to the corresponding period last year... forecasts for a C/A deficit of between 1 and 2 percent of GDP. The BoG's latest estimates point
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomyreiterated it plans to issue 7- and 10-year bond as well as T-Bills with durations of more than 6... following a downward revised modest growth of 1 percent in 2014) and a higher growth in exports (+5.2... territory in 2014 at -1 percent (from -0.8 percent before), turning to a marginal inflation of 0.3
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Our most popular stories in 2014
Agoraprice inflation by 6 ¼ percentage points between 2010 and 2012. If public service tariffs are also.... It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent is inhabited... percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit annual growth
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomyThe interest rate on households’ new time deposits dropped by another 6 basis points (bps) to 1.88... in the business loan rates was again evident in corporate loans with fixed maturity for amounts above 1 million...) or slightly eased (by 8 bps to 5.22 percent for amounts between 250,000 and 1 million euros
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The government decisions that could shape the future of Greek banks
Economy. HFSF currently holds: 1) a minority stake in Eurobank (35.41 percent) and 2) a majority stake... place in Eurobank on February 1, when Nick Karamouzis was named new non-executive chairman... Anastasia Sakellariou on February 6. Discussions focused on the HFSF activities to date, its
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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek Politicsthere are seven reasons for the 6-month extension: 1) “To agree the mutually acceptable financial... billion of state-guaranteed collaterals would be, in any case, non-ECB eligible as of March 1... to the IMF to cover Greece’s repayment to the IMF. 6) “To agree on supervision under the EU and ECB
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingand consumer remained almost stable. Coverage ratio rose by 6 pps QoQ to 60.4 percent, with Greek... ratio at 45 percent. Gross loans rose by almost 1 percent QoQ and 2.7 percent YoY to 72.1 billion... eligible collaterals in the form of pillar II bonds. The bank’s Basel III Common Equity Tier 1 (CET1
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