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Greece drops to 72 in Doing Business index as long-term problems persist
EconomyFeaturesin Greece as a cause for concern. In recent years and in order to attract and boost business, Greece... from 2 years in 2004 to 3.5 years in the current survey. The cost as a percent of the estate has
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingloan portfolio securitised against mortgages, with a gross book value of about 2 billion euros... attract greater interest and better pricing in order to meet their 500-million-euro target. SSM
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Moments to remember from the euro crisis
Agorainflation below 2 percent) and b) by the economic data made available to the governing council... in order not to have these sustained divergences,” he said. Trichet insists, though, that despite
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Macedonia name deal enters crucial and contentious phase
PoliticsForeign Policyat the level of permanent representatives, in order to approve the text of the Protocol under the new... in a separate parliamentary process. Article 2 (4) of the Prespes Agreement says that "this ratification
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Newsletter 190 -18/01/2018
of their lawmaker in order to ensure that he obtained the 151 ballots in the confidence vote... point in the last five years. 2 December primary surplus at 3.16 bln Total misses the full year target
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Tsipras goes big on minimum wage, hoping to enhance election hopes
PoliticsGreek PoliticsThe increase in the minimum wage announced on Monday by Prime Minister Alexis Tsipras beat expectations and confirmed that SYRIZA intends to pull out all the stops in order to boost its chances..., a five-year note that will raise around 2 billion euros at a targeted yield of around 3.5 percent
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Details of bond issue give Athens boost in bid to establish market access
Economyof 3.6 percent. The new issue matures on April 2, 2024 The transaction took advantage of the positive... participating. The order book had exceeded 6 billion euros for a 3 billion euros issue. The bond
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Tsipras halts bid to help smaller parties amid opposition criticism
PoliticsGreek Politicsand other opposition parties, who accused Tsipras of trying to manipulate parliamentary rules in order... and the ruling party is just 2 percentage points: 29.5 vs 27.5 percent, after narrowing from 3.5 points
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingWhile authorities await the second post-programme survey report, Greece’s banks have continued with their work in reducing bad loans in order to reach the ambitious target of an NPE ratio below 10... strong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding
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ND keeps alive hopes of fiscal targets being revised in future
PoliticsGreek Politicsof 3.5 percent of GDP until 2022, with the target then dropping to around 2 percent. Mitsotakis has been... Parliament in order to finalise the change. New Democracy sees this alteration as a way of preventing
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