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  1. Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure

    EconomyMacroeconomy

    . The breakdown showed that expenses for salaries and pensions fell 4.3 percent in March but rose 2... to the headline figure for social security grants of 21 percent. This to a large extent explains

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  2. Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
    Photo by MacroPolis

    Economy

    degree of uncertainty and take into account developments up until April 21. Conditional on agreement... percent from 4.8 percent. The EC also halved its import growth projection to 2 percent in 2015 from 4

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  3. Alpha Bank reports lower losses of 115.8 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    to 21.2 percent from 21 percent in Q4. NPLs The non-performing loan (NPL) ratio resumed an upward trend... of 6.2 billion, while additional liquidity of 2 billion could be drawn via loans. The Basel III Common

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  4. Greek Q2 growth of 0.8 pct confounds recession forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    , the European Commission predicted a recession ranging between 2 and 4 percent this year... to the downside. On July 21, S&P stressed that Greece’s economy would be the worst-performing among

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  5. The targets and deadlines in Greece's privatisation programme

    EconomyProgramme

    be approved by the EC in November and the delivery of airports would be completed by March 2016. 2... of the transaction until December 21. 6) OLP, the largest Greek Port Authority. The tender includes

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  6. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    negative flow in July with net deductions of 21 million after a modest positive flow in the preceding... in the course of the year, while the cumulative net deductions in the 7-month period exceed 2 billion

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  7. Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly

    Economy

    actions Greece is required to implement by October 15 to unlock the next sub-tranche of 2 billion... Exchange general index settled on Friday at 676.93 points, its highest level since September 21

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  8. Loose ends to tie up on prior actions as lenders head back to Athens

    PoliticsGreek Politics

    actions needed for the release of the next bailout sub-tranche of 2 billion euros. The Euro Working... among New Democracy supporters, followed by Tzitzikostas on 21 percent. Kyriakos Mitsotakis garnered

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  9. Strong start for Greek stocks but they end week down 3.4 pct

    Economy

    of 2 billion euros was voted on Thursday evening but a few significant issues remain unresolved... October 21 and landed at 677.43 on Friday. This week’s negative performance follows a drop by 1.6

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  10. Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates

    Society

    ) are the most likely to say corruption is a problem, while those in Denmark (2 percent), the UK (8 percent... in Sweden and 21 percent in the Czech Republic, the UK, Estonia and Denmark, deemed it to be a problem

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