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BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomycollateral liquidation process are expected to contribute to a gradual drop in current NPL ratio... by restoring economic and political stability, rapid shift of the domestic production model from non
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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomylower than last year. This corresponds to a drop in revenues of more than 7.8 percent in Q4 compared.... Meanwhile, the productive model should focus on attracting investment and shift towards internationally
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agoraof sharp drop in impairment losses, cost containment, modest net interest income (NII) growth... the examination of each bank’s business model, governance and risk management, risk to capital and risk
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomythree major legacy problems from the prolonged recession over recent years and sharp drop... unemployment levels, involving a shift in the Greek economy to an outward-looking growth model which
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
Societyand 2016, university graduates saw a significant drop in employment in the public sector, while... production model can not be built,” the report states. It identifies several challenges that need
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingof 18 months. This can be extended by a ministerial decision. The scheme replicates the Italian model... billion euros of NPEs in overall movements that saw NPEs drop to 75.4 billion from 81.8 billion
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Newsletter 233 - 20/12/2019
that Athens is looking at the model used in France for such occasions. The government says..., Hellenic Statistical Authority (ELSTAT) figures revealed this way. The drop in the annual rate is the first
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BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Economy, Covid-19 spreading will lead to a drop in domestic demand as private consumption is expected... economy. Zero growth Incorporating all those shocks in BoG’s forecast model leads to a new baseline
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Lenders acknowledge reforms, flag up tricky fiscal path ahead
EconomyProgrammean improved process for senior management positions and energy-related through the Target Model are also... and the drop of the solidarity levy, noting that they should be temporary in nature to keep the debt
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Covid recession bumped pension spending to 18 pct of GDP in 2020
Economy. Following the pandemic-induced bump, pension spending is expected to drop to 13.8 percent of GDP... of Greece’s economic model – something that the government is banking on in its Greece 2.0 plan for how
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