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  1. Newsletter 79 - 24/06/2016

    Newsletters

    not show any improvement on last year. In specific, travel receipts decreased 7 percent in April, pushing the travel surplus down by 10 percent to almost 280 million. The negative movement stems from a drop

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  2. Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets

    EconomyMacroeconomy

    ) and collateral liquidation (7 percent), Stournaras said. The key priorities for BoG to evaluate.... The other measures involve allowing loans to be repaid early, increasing from 10 to 30 percent

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  3. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    of the targeted NPE decrease will stem from collateral liquidation and loan sales, corresponding to 7 and 5... of pillar II bonds. The cash value of the latter more than halved to 4.9 billion euros recently from 10

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  4. Greece slips five places to 86th in global competitiveness rankings
    Photo by MacroPolis

    Economy

    Competitiveness Index (GCI) remained 81st and had improved by 10 and 5 spots in 2014 and 2013 respectively...), which account for 50 percent of GCI. In contrast, its position gained 7 slots in innovation

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  5. Some progress in first round of talks but most second review issues remain unresolved
    Photo by MacroPolis

    EconomyProgramme

    of an increase in the 10 percent cap on mass layoffs, while the Hellenic Federation of Enterprises (SEV..., the Eurogroup on November 7, where Greece is the third item on the agenda, is scheduled to take stock

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  6. Newsletter 94 - 04/11/2016

    Newsletters

    to return to Athens in mid-November, while the Eurogroup on November 7 is scheduled to take stock... on mass layoffs in a firm to rise from 5 to 10 percent, while they are also seeking changes in the trade

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  7. Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    this week. On the flipside, the top underperformers included Ellaktor (-8.9 percent), Alpha (-7... Telecom (OTE) and Hellenic Petroleum release their 9-month results on November 10. On the following day

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  8. Coalition puts on fresh face but poll sees support draining away
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and a recent low of 80.5 in May. Nine in 10 voters (89 percent) say they are dissatisfied... movement in the support for other parties. It shows Golden Dawn still in third place on 7 percent

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  9. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    on November 7 made a specific note of three items in the second review: The 2017 budget, the medium... by the state, an increase in the cap on mass layoffs to 10 percent. In addition, they favour a labour market

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  10. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million) 6) Income tax on corporate cars (91 million) 7) Tax on coffee (62 million) 8) Tax on fixed... with a roll-call vote on December 10 at midnight.

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