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BoG report highlights need for programme implementation, political consensus
Economybanks to unlock tied-up funds. 2) Fast implementation of goods and services markets’ reforms... and speeding up privatisations that would send a strong dual signal to the markets; firm commitment...) ratio, which edged up to 42.1 percent in June from 39.9 percent at the end of 2014. The breakdown
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Mood sours as focus switches to next set of prior actions
PoliticsGreek Politicsabout the country. The statement goes on to point out that the government has so far been living up... and actions has been drawn up yet, even though it had been agreed this would be done by the end of October. It should be pointed out, though, that the creation of a task force to set up the new fund is one
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Management of NPLs to test gov't in negotiations with lenders
Economyscheme for liquidators in consultation with the Hellenic Financial Stability Fund (HFSF). 4) Set up... of bank loan quality since the beginning of the year, the ratio over total loans edged up to 42.1... NPLs would also ease the burden on cooperative borrowers and enable banks to unlock tied-up funds
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Newsletter 55 - 12/12/2015
installed the latest Macropolis App version. Privatisations plan picks up HRADF chief predicts €3bn..., will be raised by July 2018. Jobs for the boys? Coalition suspected of lining up loyalists for key... that are loyal to them. The issue of appointments to the public sector also came up in the government
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Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agoraof 2015. Summing up, recurring revenues, primarily made up by direct and indirect taxes, exceeded... billion euros, making up just 3 percent of the total amount. On the other side, 80 percent
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Mitsotakis win sends ripples through other opposition parties
PoliticsGreek Politicsalternative. It could also open up the possibility of cooperation between the three parties... into problems, PASOK and Potami may have the chance to pick up votes themselves. PASOK’s immediate... in 2012, while Skylakakis was also a founding member of Democratic Alliance, a party set up
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Mounting pension protests exert more pressure on coalition
PoliticsGreek PoliticsFarmers are the latest group to voice their opposition to the government’s policies as the reaction to planned pension reforms builds up in Greece. Farmers in central Greece took up their positions... process for new broadcasting licenses, which SYRIZA has held up as one of the initiatives aimed
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Coalition feels wrath on pensions but not in opposition's interest to push hard
PoliticsGreek Politicsare particularly unpopular with the self-employed and farmers. In the build up to Thursday’s strike... up on the agenda. However, the current pension protests do not have such a clear political outlet... Kyriakos Mitsotakis has not yet lived up to his pledge to propose a detailed alternative to the government
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammemeasures of 4-5 percent of GDP (up to 8.8 billion) to meet the medium-term primary surplus target of 3.5... unconstitutional the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion... ease the burden on cooperative borrowers and enable banks to unlock tied-up funds. Privatisation Fund
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Tsipras concerns about EU stance on refugee crisis shared by opposition
PoliticsForeign PolicyGreece at the mercy of the countries around it, as long as there is no serious let up in the flow... in terms of border guards. The Greek government is concerned that a ramping up of border controls... building up to levels that would be difficult to deal with. This also applies to countries further
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