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  1. BoG underlines progress in NPE reduction but stresses need for systemic solution
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    percent. New targets The new targets set to reduce the stock of NPEs by 62 percent over the next 3 years... that will accelerate the progress and will help banks bring their NPE ratio to single digits and more in line

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  2. Newsletter 201 -21/04/2019

    Newsletters

    was meant to have completed a specific set of reforms as part of the second post-programme review... and will help banks bring their NPE ratio to single digits and more in line with eurozone peers

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  3. New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    million having been paid. The single property tax (ENFIA) had a collectibility rate of 42.2 percent.... The IAPR has set a goal for the collectability rate to reach 81.5 percent in the first quarter of 2019.

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  4. Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
    Photo by MacroPolis

    EconomyBanking

    banks without. However, it is as yet unclear whether the ECB's Single Supervisory Mechanism (SSM... business loans. Around 20,000 properties are included in the portfolio. The Orion portfolio is also set

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  5. Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    rating action if a certain set of conditions were sustained, related to the stock of debt, risks... to bring the ration down to single digits is sensitive to the operating environment and the appetite

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  6. Leaders clash over economy as PM looks on bright side of Eurogroup assessment
    Photo by MacroPolis

    PoliticsGreek Politics

    be increased. Mitsotakis said that anyone paying off what they owe in a single lump sum would be given... statement. “We also welcome Greece’s commitment to undertake a set of additional reforms, with a view

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  7. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    was interrupted by the coronavirus pandemic. The OECD repeated its previous estimates that GDP is set to shrink by between 8 to 9.8 percent in 2020 depending on whether there will be a single or double

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  8. Govt offers pensioners 1.4 bln in backpay, opposition questions decision
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Mitsotakis of scoffing at low-paid pensioners, “many of whom will not receive a single euro in backpay... to be the first to set a good example”.

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  9. Newsletter 260 -31/07/2020

    Newsletters

    . KINAL accused Mitsotakis of scoffing at low-paid pensioners, “many of whom will not receive a single... away. According to an index set up by the Hellenic Chamber of Hotels (HCH) that monitors 500 hotels

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  10. PM forms panel to come up with strategy for use of EU recovery funds

    PoliticsGreek Politics

    with the priorities set out by the European Commission. This means they will cover green growth, digital... stressed on Friday that “not a single euro” from the recovery package should be wasted. Reshuffle

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