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New Democracy and SYRIZA neck and neck for EP vote but PASOK adrift
PoliticsGreek Politicsfor the lead but with PASOK struggling. As has been the case for several weeks, none of the regular surveys indicate that any party has been able to build an irreversible lead over the other. The apparent closeness of the race has led to the often fierce public exchanges between the New Democracy and SYRIZA
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Structural problems and dramatic drop in funding harm mental health care in Greece
Societyausterity, a report published last month has found. The country came 28th in The Economist... expenditure has been one of the many areas that have seen significant cuts. Dedicated funding... that little progress has been made since 1984, when a reform programme was launched to switch from
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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammefiscal impact of around 1 billion. Privatisations We believe the Finance Ministry has revised the revenues from privatisations to 1.5 billion euros for 2015, 700 million lower than the target of 2.2... of the General Secretariat of Public Revenues (GSPR) and freeing it of interference, which has been
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How Greek banks were left on the brink
Agoralevels in February (9.6 billion), eased to 2.2 billion in March and then increased again to 4.7 billion... and June 19, the ECB Governing Council has decided to increase the ELA cap for Greek banks by around 9.... As expected, Piraeus which has the highest NPL ratio, has also the highest LLR ratio at 22 percent, whilst
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agorafor the whole of 2015 eased 2.2 percent year on year (YoY). This is largely attributed to a sharp... income in 2016. Operating costs On the cost front, the number of branches has been reduced by almost... retirement schemes. Banks target further cost reduction in the next few years, which has been
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Review delay brings Greek liquidity needs back into focus
EconomyProgrammeGreece has to pay 6.46 billion euros for GGB redemptions (4.03 billion to the ECB and 2.43 billion... in GGBs held by the ECB are due. Greece also has to pay 620 million in March, mostly to private investors... 1.6 billion matures on February 27, 2017, 1.6 billion in August 2017 and 2.2 billion in February 2018
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Newsletter 116 - 28/04/2017
is reluctant to go into too much detail ahead of the national elections in September. There has been some... be concluded within May. Regardless of the complications on the lenders’ side, Tsipras has already... the best chance the country has of exiting the programme. The premier made his first appearance on live
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Coalition banks on surplus transfers, waits for Hellenikon verdict
PoliticsGreek Politicsreaching 2.2 percent of GDP, against a target of 1.75 percent. This would allow the government... by a double-digit increase in investment. This is one of the reasons that the government has been... The consortium that has won the right to build offices, shopping centres and apartments on the site
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Retail sales up by 1.2 pct in March on higher activity in dept stores, clothing
EconomyMacroeconomy(ELSTAT) on Thursday. The headline index has been growing in three out of the last four months that data has been available. February was the only negative reading since November. The corresponding volume... a brake on the ongoing recovery in retail confidence, which has been improving steadily since
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Unemployment at 20.1 percent in March
EconomyMacroeconomy, the figure for those employed has risen by 74,890. Total employment remained above 3.7 million... has fallen by 101,576. The unemployed figure remains consistently below the million mark, standing... among women fell by 1.8 percentage points (pps) from last year to 25 percent. This figure has been
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