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Government stalls possible bond issue, clashes again with judiciary
PoliticsGreek PoliticsMonetary Fund is holding its executive board meeting on June 20, rather than June 27 as was initially... that it achieves a lower yield than the New Democracy-led coalition in 2014, when it reached 4.95 percent... that the 2014 bond had a yield that was 1.41 times higher than Portugal’s rate. He suggested that if the same
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Newsletter 129 - 28/07/2017
further transactions should be expected by August 2018. somewhat better than expected”. Tsakalotos also indicated that another two transactions should be expected by August 2018 in order for the country... in 1.16 billion below target coupled with a higher-than-targeted Public Investment Budget (PIB) balance
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Banks meet NPE reduction targets in Q3, adjust targets for next two years
EconomyMacroeconomy-on-quarter (QoQ) to 99.1 billion, which is 796 million lower than the target of 99.9 billion. NPL stock... than the anticipated target of 49.6 percent. The breakdown showed that NPE ratios at the end...) reaching 64.6 billion in 2019. This is around 2.2 billion euros more ambitious than the previous
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomyto neighbouring countries in order to sustain their viability, manifesting as a fall in companies registered... percent in 2014, and had risen to 50.7 percent in 2017, higher than Sweden’s rate of 49 percent... than the figure for 86.78 billion in 2017. In addition to higher taxation, payment rates are also
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Newsletter 171 -20/07/2018
rather than making a break from the past. This argument will seem much less convincing if Tsipras... on the fact that before the recession began the economy dominated by small firms, rather than larger... stabilising the macroeconomic environment, in order to create more attractive conditions and a competitive
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Coalition hopeful on pensions, looks to maximise impact of limited relief measures
PoliticsGreek Politicsintervention, rather than a structural one. To Athens, this indicates that if it can convince the creditors... to which tax cuts and welfare interventions will have to be sacrificed in order to ensure... approve the request. Tsakalotos suggested that there may be a final decision on this issue earlier than
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesfinancial performance than in lesser destinations. Due to the concentration of arrivals in popular..., a typical greenfield project takes more than 15 years to complete and most of them never make..., the sector in Greece would need to make certain changes in order to remain competitive going forward
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Tsipras goes big on minimum wage, hoping to enhance election hopes
PoliticsGreek Politicsexpectations and confirmed that SYRIZA intends to pull out all the stops in order to boost its chances... is more than the committee of wise men appointed to examine the issue recommended. Their suggestion... that as more fertile ground to win votes than the economy. The conservatives highlighted, for instance
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Newsletter 193 -08/02/2018
percent last week, which was more than the 5-10 percent that the committee of experts appointed... Greece’s lenders gave a less than favourable verdict of the government’s outstanding post-programme... that have been provided by the European Stability Mechanism, rather than whether all the arrears have
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Newsletter 198 -15/03/2019
includes stricter criteria for protection than the Katseli law, which ran until the end of February... not be higher than value of the residual mortgage. The latest target for the Greek government... the unfinished reform agenda in order to maintain competitiveness and boost the country’s longer-term
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