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ECB refuses Greek government bonds as collateral: What does it mean?
Economybillion at the end of January, mainly reflecting deposit outflows north of 10 billion in January. Note.... In addition, Greek banks have a limited Greek government bond portfolio of around 5 billion in total
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What are the implications of the ECB's decision for Greek banks?
Economyamount is less than 10 billion, around 4-5 billion for pillar III and close to 5 billion for GGBs. Until
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicswould be replaced by 10 structural reforms that would be agreed with the Organisation for Economic... unemployed and citizens below the poverty limit (120 million). 5) Free electricity to 300,000
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyarrears - were created over the past 5 years. More than 3.7 million taxpayers, of which 3.33 million... to 25,000 euros will have to pay 10 percent of their income to service their housing loan, while
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingby a 5 bps contraction in the loan spread. Compared to Q4 2013, loan spread has eroded by 13 bps... collaterals of around 10 billion on top of the February ELA figure. The management noted the bank holds T
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Public admin shrinks by 11 pct during crisis, share of employment stays below EU average
Society, followed by the UK and France, which had declines of more than 10 percent. In the same period, 19... through spending cuts. Over the five years, the headcount has declined by 5 percent, which
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Court ruling on pension cuts could create new problem in talks, fiscal plans
EconomyProgrammethreshold. In particular, for pensions (or sum of pensions) between 1,000 and 1,500 euros the cut was 5 percent, between 1,500 and 2,000 the reduction was 10 percent and for amounts above 2,000 the cut
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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgramme(excluding Crete) enjoy rates that are reduced by 30 percent and currently stand at 16, 9 and 5 percent... corresponding to around 17 percent of GDP, which is well above the EU average of 10 percent.
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economy1,000 and 1,500 euros the cut was 5 percent, between 1,500 and 2,000 the reduction was 10 percent
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Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
EconomyMacroeconomy) improved by almost 5 pp YoY landing at 51.9 percent, while that for the next age group (25-29 years... broadly stable QoQ at 10 percent of total employed with almost 69 percent of part timers noting
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