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Newsletter 303 - 02/07/2021
as the clock ticks down to the next elections, due by the summer of 2023. Clearly, the international
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Alpha Bank buoyed by 800-mln-euro share capital raise
EconomyBankingthe extension of the Hercules APS that intends to bring NPEs down to single digits by the end of 2022
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Flagship pension reform hits snag over transition cost
PoliticsGreek Politicsis trying to play down as a minor obstacle, could attract more attention to what is seen by some
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Employment balance positive by 73,502 in June; most on record for month
EconomyMacroeconomymore people hired than departed. Broken down by employment activity in each sector, the highest
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PM opts for compulsory vaccinations in healthcare as Covid-19 cases continue to surge
PoliticsGreek Politicsat “restoring freedoms to those who deserve them”. “The country will not shut down again because
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Current account shows deficit of 1.4 bln in May as imports rise
EconomyMacroeconomymillion, down by 4.6 percent YoY. The travel balance showed a surplus of 112.1 million, an eightfold
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Newsletter 306 - 23/07/2021
to a surplus of 315.8 million, down by 4.6 percent YoY. On an aggregate basis, the C/A deficit
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Government compromises on 2 pct rise for minimum wage
PoliticsGreek Politicsoutstanding main pensions, down from 178,327 last September. He said the ministry aims to be able
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ECB clears banks after stress tests, approves change to DTCs as momentum builds
EconomyBankingin January this year would bring the CET1 ratio down by 5.2 percentage points, from 15.1 pct to 9.9 pct
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Govt sets out fire compensation scheme in first step to overcome destruction
PoliticsGreek Politicsstepped down and officials from the police and fire brigade were removed from their posts. So far
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