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S&P affirms Greek ratings at 'CCC+/C' with stable outlook
EconomyIn its scheduled rating review, S&P affirmed on Friday Greece’s long- and short-term rating at ‘CCC+/C’ with a stable outlook. The rating action follows an upgrade by two notches on July 21. The rating affirmation reflects the agency’s assessment that the government depends on favorable business
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgramme) commitments that were initially in September and October, 21 involve the completion of commitments
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Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly
EconomyExchange general index settled on Friday at 676.93 points, its highest level since September 21
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Committee of wise men proposes drastic changes to Greece's pension system
Economybut also among those insured in the same pension fund. At the moment, there are 21 main
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Loose ends to tie up on prior actions as lenders head back to Athens
PoliticsGreek Politicsamong New Democracy supporters, followed by Tzitzikostas on 21 percent. Kyriakos Mitsotakis garnered
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Newsletter 48 - 23/10/2015
Recap structure in final stages Bankers appear optimistic that capital needs will be covered Despite initial indications that the government would reveal its decisions on the bank recapitalisation framework by October 21, discussions within the cabinet and with the mission chiefs continued
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Final structure of bank recap taking shape, cautious optimism for outcome
EconomyDespite indications that the government would reveal its decisions on the bank recapitalisation framework by October 21, discussions within the cabinet and with the mission chiefs continued throughout last week. Since the European Central Bank’s Single Supervisory Mechanism (SSM) is expected
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Newsletter 49 - 30/10/2015
Three pending issues Government and quadriga have yet to agree on some prior actions After the three-day trip by the quadriga mission chiefs to Athens on October 21–23, the first visit since the signing of the third bailout programme in mid-August, it emerged that the government had implemented
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Greek stocks slide by 1.6 pct over week on bank correction
EconomyOctober 21. Overall, the domestic market recorded gains of 7.2 percent in the course of October
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Meimarakis seen as clear frontrunner with New Democracy leadership vote approaching
PoliticsGreek Politicsfollows with 21 percent, former administrative reform minister Kyriakos Mitsotakis with 13 percent
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