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Institutions, Athens start new round of review talks as e-auctions get green light
EconomyProgrammeTalks between the institutions and the Greek government are due to resume on Tuesday with hopes of a staff-level agreement (SLA) being reached by the end of the year growing after notaries decided to end their strike so that electronic auctions can star...
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Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
EconomyProgrammeThe Council of State has approved the redevelopment of Athens’s former airport at Hellenikon, meaning just one prior action from the third review remains to be completed as the Greek government and the institutions gear up for the fourth review to start...
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammeIt was confirmed on Thursday that the path is now clear for Greece to receive its 5.7-billion-euro tranche after completing the third review. The news came as the European Commission appeared to indicate that it is not willing to make major concessions ...
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Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgrammeThe Greek government is hoping to table in Parliament early next week the new bill for the protection of primary residences from foreclosures after another round of talks with local bankers on Thursday. Reports on Friday suggested that several issues we...
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Athens looks to overcome APS snags as it awaits green light from Brussels
EconomyBankingFinance Minister Christos Staikouras was due to meet the CEOs of Greece’s four systemic banks on Thursday as the government appears to be stepping up its efforts to secure approval for the Asset Protection Scheme (APS) aimed at reducing the giant pile o...
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NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
EconomyBankingand change in the deposit mix. Fee income dropped by 12 percent QoQ to 111 million euros largely... related to pillar II securities. At the same time, the bank recorded a loss of 111 million euros
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyestimates a gg primary surplus of 812 million (0.4 percent of GDP) in 2013, higher than the initially
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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomyEAP terms and comparable to the government’s estimate of 812 million for the whole year 2013
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Budget passed but troika accord still some way off for Greece
PoliticsGreek Politics. - Achievement of a general government primary surplus of 812 million (0.4 percent of GDP) in 2013
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Economyprimary surplus at general government level at 812 million, with the 11-month state budget figure
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