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  1. Newsletter 34 - 10/07/2015

    Newsletters

    . The government wants another 7.5 billion euros that Greece has paid so far in 2015 for external debt... and 200 million in 2016. The government has also committed to implement the Council of State ruling... sources, local media indicate credit card usage has surged by 50 percent in the last two weeks, mostly

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  2. Newsletter 107 - 17/02/2017

    Newsletters

    concessions Another week has rolled by without an agreement between Greece and the institutions, although... austerity measures. Prime Minister Alexis Tsipras also stressed that the era of more austerity has... Moscovici that the era of more austerity has finished for Greece. published on Wednesday in which

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  3. Newsletter 143

    Newsletters

    of which held protests in Athens on Tuesday, the change to strike legislation has also created some... SYRIZA. There is no prospect of it not being approved as New Democracy has indicated... the possibility of Greece not implementing the pension cuts it has agreed for 2019 if the International

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  4. Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    are conducted virtually, on the electronic platform that has been set up for that purpose...-austerity agenda, has lodged a legal complaint against the electronic auctions, arguing... Katseli-Stathakis law. Prime Minister Alexis Tsipras has been outspoken in defence of the need

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  5. Tsipras claims EU vote will be close as SYRIZA looks for boost from relief measures
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that the interventions are part of an overall plan that the government has to help the economy... morning, opposition leader Kyriakos Mitsotakis said that a proper 13th pension would have cost 2.2... interventions, Tsipras stressed that Greece has a sovereign right to shape its policy while respecting

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  6. OECD lowers growth forecast, warns Athens to maintain fiscal credibility
    Photo by MacroPolis

    EconomyMacroeconomy

    The OECD published on Tuesday its latest global economic outlook in which it has slightly revised... is seen at 2.1 percent, slightly lower than the 2.2 percent expected in November last year. Growth..., it is paramount to safeguard fiscal credibility by meeting the medium-term fiscal targets that the country has

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  7. Consumer confidence hits 19-year high, ESI highest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    confidence has increased by 2.2 points...., European Commission (EC) figures showed on Thursday. As of August’s reading, the index has remained above..., when the index reached 109.1. Compared to August 2018, the ESI has increased by 3.7 points. Consumer

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  8. Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
    Photo by MacroPolis

    EconomyProgramme

    of the loan it has received from the IMF, which carries an interest rate of 4.9 percent. The move.... ESM managing director Klaus Regling has already publicly backed the move, even when the SYRIZA... for lower primary surplus targets in the coming years. Although Prime Minister Kyriakos Mitsotakis has

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  9. Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern

    EconomyProgramme

    that Greece “has progressed well in implementing its specific reform commitments for end-2019... in the business environment. Greece also has a set of continuous commitments that include critically... expected to secure growth of 2.2 percent in 2019, well above the 1.2 percent eurozone average

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  10. Eurobank net profits at 256.7 mln in 2019
    Image via www.eurobank.gr

    EconomyBanking

    restructuring costs of 15.1 million, other restructuring costs of 6.2 million and discontinued operations €2.2... securitisations of varying size and loan types which the bank has classified as Cairo I, II and III.... The bank has secured the minimum ‘BB-‘ credit rating, which is a prerequisite of participating

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