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  1. Greek banks' capital actions underway, state aid seen as low as 4.7 bln
    Photo by MacroPolis

    Economy

    (1:50) since its current market price of 0.064 euros per share is way below the minimum price of 0.30... as the bail-in of securities, meaning that the bank would seek state aid of 2 billion to cover its... around 2 billion would be in the form of CoCos and 0.7 billion in common shares. The book building

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  2. Clock ticks on bailout review but big gaps remain between Greece, lenders

    EconomyProgramme

    unconstitutional the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion... there is a strong possibility that it will try to find a way by which it will not have to pay out the money... main and supplementary pensions as well as lump-sums. The hidden fiscal gap is estimated in excess of 2

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  3. Newsletter 64 - 26/02/2016

    Newsletters

    slightly in January, when it rose to 2.1 percent compared to 2 percent a month earlier. The net... lending sector. 2 The beast within Border closures to the north will stretch Greek resources... as refugees from Turkey, just across the way, and they were just girls at the time. They came

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  4. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    sometime in the next few months. 2) Tax rate of 30 percent on OPAP Video Lottery Terminals (VLTs... the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion euros... inevitably paving the way for a cut in main or supplementary pensions to achieve the pledged pension cost

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  5. Newsletter 70 - 15/04/2016

    Newsletters

    an attempt to undermine the process, its attacks on the International Monetary Fund are seen as a way.... Almost 46 percent of March hirings relate to full-time employment. 2 Club Med goes to Washington.... If the Cortes fails to elect a new prime minister by May 2, then the king will have to use his

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  6. Eurogroup decision on contingent measures, debt leave Tsipras with tough task at home
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    PoliticsGreek Politics

    will have to agree a package of contingent measures worth 2 percent of GDP (3.6 billion euros... package, and will apparently have little in the way of debt relief measures with which... on the extra 2 percent of GDP in cuts and savings. Following talks on Thursday, the indications were

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  7. Newsletter 77 - 10/06/2016

    Newsletters

    billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80... unemployment reading is the lowest since April 2012. 2 The mangling of truth Inaccuracies have become a daily... way and another to suit a particular theory or ideology. Media that have been friendly or hostile

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  8. Newsletter 81 - 08/07/2016

    Newsletters

    votes was a target that was way out of reach. However, the government made a change to the draft law... deposit rate eases Greek households’ new time deposit rate fell by 2 basis points to 0.85 percent in May.... The headline figure is the lowest since Greece entered the eurozone in 2002. 2 Privatisations can be win-win

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  9. Can Greece learn to love renewable energy?

    EconomyFeatures

    /uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas... energy sources (RES), but thanks to several false starts, there is still a long way to go. Greece’s... and sixth in the world, and it is estimated that their supply will last for around 45 years.[2] Around half

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  10. Tsipras's choices are becoming clearer but not any easier

    Agora

    lenders on Friday in order to conclude the programme review would involve Athens adopting roughly 2... is that if they agree to another 2 percent of GDP in fiscal measures, it will exacerbate their unpopularity... before then. Bite the bullet Tsipras’s final option is to find a way to reach an agreement

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