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Deal seen on energy liberalisation as third review SLA edges closer
EconomyProgramme. Kathimerini reported last week that eight auctions have been lined up for that day. It followed up..., building up the cash buffer (which lenders would like to be between 12 and 15 billion euros
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Greece's open floodgates
Agoracemented over, leading to flood waters being directed to built-up areas when there is heavy rain. He... but suggested that these were held up by the Infrastructure and Transport Ministry, where Christos Spirtzis... their actions, or lack of, leading up to the disaster in Mandra. History, though shows that protecting
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Institutions, Athens start new round of review talks as e-auctions get green light
EconomyProgrammeon Monday to vote on whether to call off the protest action after the government agreed to step up... of the opening up of the natural gas market from the beginning of 2018 are yet to be settled, particularly... for first-degree unions to vote on a strike increases to 50 percent. Currently only a third of paid up
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingcoverage ratio at 69.7 percent, up from Q2’s figure of 68.2 percent. Management noted that out... and a more active interbank repo market. In the year to date up to mid-November, the fall in Eurosystem... targets and accelerating the clean-up of its balance sheets. “We have already started the process
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Opposition keeps spotlight on arms deal as coalition looks for way out
PoliticsGreek Politicsof submitting invalid documents to Parliament to back up his claim that Riyadh had entered into a state... foreclosures in opposition. Also, the demonstrations against auctions have now been taken up by parties to the left of SYRIZA, including Popular Unity and Sailing for Freedom, which were set up
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After reaching SLA, Athens focuses on prior actions and next bond issue
EconomyProgramme, and the building up of the cash buffer to a volume of at least 12 billion euros. The latter is closely linked... of other loose ends were wrapped up during the final hours of negotiations in Athens... agreed that the Greek authorities would set up a credit bureau that will provide credit scores based
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Eurogroup paves way for completion of third review, talks on debt relief
EconomyProgrammeAthens would try to wrap the deliverables up “as soon as possible.” “There is still a lot of work... helped whip up protests and the association of notaries in Thessaloniki decided on Monday to extend... average maturity, the smoothing of Greece’s repayment profile, swap arrangements and waiver of a step-up
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PM stands ground on property auctions despite broad concern
PoliticsGreek Politicsproperties worth up to 280,000 euros out of banks’ hands if their owners’ debts are less than 200,000... such foreclosures “should be ashamed.” Although ministers have spoken up on this issue over recent days, fearing... from SYRIZA officials that the government should draw up some further legislation to protect
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Budget primary surplus at 4.65 bln in 11-month on lower expenditure
EconomyMacroeconomytheir target by 462 million euros. The breakdown revealed that tax revenues edged up by 0.5 percent year... expenditure rose to 4.16 billion in November, up by 10.9 percent against the figure for the same time last... by 76 million euros and military equipment procurement by 53 million euros. Interest payments edged up
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Conclusion of third review closer as extensive bill tabled by coalition
EconomyProgrammecrime (including tax evasions), the licensing of casinos, incentives for businesses to start up... for the reform. At least half of paid-up members will have to take part in a vote on strike action... percent of current recipients will see the amount they are granted go up under the new scheme
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