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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturescompared to where it lags. Many of the poor scores in the subpillars reflect areas where Greece’s lenders... scores were noted in the subpillars of the effect of taxation on incentives to invest (137 out
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Newsletter 37 - 31/07/2015
, with less than three weeks left in which the various sides should – theoretically – come to an agreement... than 12 years, since November 2003. In addition, June outflows are the third biggest since last... creditors to engage in a substantial debt reduction operation towards Greece in which the IMF itself
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Terms & conditions
No image availablethe rules of good behavior and decency and not engage in illegal or immoral acts and comments... of the Company. Subscribers are prohibited to engage in any unlawful act which may undermine the rights... or through satellites; they should not engage in any other act that contracts to the exclusive rights
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Newsletter 34 - 10/07/2015
in the same period last year. This translates into a net drop in retail sales by 305 million over... reflecting domestic consumption rather than increased tourism activity. Triggered by a panic to hoard medicines rather than cover their actual needs, citizens also rushed to pharmacies, where child
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankinginflow of 430 million, which is lower than the respective figure of 560 million recorded in the two-year... banknotes, the monthly repatriation of funds worth 470 million over the last 17 months was more than... in the July 2015 – November 2016 period stood at 180 million, which is substantially higher than
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From the troika to the quartet
Agora, it is asking the European official creditors to engage in a substantial debt reduction operation towards... on the short-term repayment obligations in 2015 and 2016 to the IMF and the ECB than on the country... to conclude the proceedings on time. *An earlier version of this article appeared in last week's e-newsletter
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingfor the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1...-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected
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Stocks rise for first time in three weeks, gaining 1.1 pct
Economy. Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core pre-provision income rebounded by 1.2 percent to 305 million. Marfin Investment Group (MIG) showed... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomyincreased by 2 percent to 35.26 billion, lower than the target by 305 million. PIB PIB revenues came... million in the first nine months of the year, 805 million better than the target.
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Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
EconomyMacroeconomypercent to 35.26 billion, lower than the target by 305 million. The MoF noted that the movement..., 805 million better than the target.
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