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Cabinet reshuffle and new bond issue coming up next for Tsipras
PoliticsGreek Politicsthat the third review has been concluded. Zouraris’s departure was overshadowed by the decision... parliamentary group. Her shift across the aisle means that SYRIZA now has 145 MPs and the coalition... has no plan to leave his current political grouping. Bond issues The reshuffle, though, is just one
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Eurosystem funding rises by 786 mln in December, banknotes in circulation rise
EconomyMacroeconomywas the second time in 2017 since February that the figure has gone up rather than down. February’s increase... as confidence in the conclusion of the programme grew. In recent months, ELA funding has been steadily... repos using the same collateral. Eurosystem funding to Greek banks has declined by approximately
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Tsipras and Mitsotakis head in opposite directions over talks with Skopje
PoliticsGreek Politicsviews in the neighbouring country is perhaps the biggest obstacle he has to overcome in making any... on during his speech to New Democracy’s political committee on Wednesday. He claimed that Tsipras has made... to address the fact that his coalition partner has a different view to SYRIZA on the matter. Mitsotakis
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Kammenos dismisses talk of coalition rift but maintains Macedonia name objections
PoliticsGreek Politicsby Tsipras to show ANEL that he has other options if the nationalist party chooses to make things..., which has yet to hold its founding congress. They are unlikely to want to have the responsibility... more likely to be after a general election has been held and voters make such an option possible
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Property ownership waning in Greece as renting takes over
SocietyA survey by the National Property Owners Federation (POMIDA) has revealed that home ownership..., the rate of rent being paid on time has improved significantly across all types of property. The majority... their payment on time has fallen to 76 percent in 2018 from 83.5 percent in 2012.
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Stress test assumptions cause few concerns for Greek banks
EconomyBankingfrom the baseline. It is the most severe scenario the EBA has applied to date and seeks to capture the potential effects of Brexit. Also, the EBA has incorporated IFRS 9 accounting standards... for Greek banks is different and has been brought forward after the International Monetary Fund
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Moscovici upbeat in Athens, highlights elements needed for programme exit
EconomyProgrammeon this theme, Moscovici also said that he is confident that the fourth review, which has yet to get underway... for a growth plan drawn up “by the Greeks for the Greeks.” The coalition has committed to presenting... decree for the redevelopment of the Hellenikon site has been approved, the completion of the tender
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Parties clash over Novartis allegations in sign of things to come
PoliticsGreek Politics, exposing divisions in their ranks. The government’s proposal stood, though, as it has a parliamentary... the probe. He also noted that there has also been an attempted suicide, a suspect fatal car crash... the holes in a case that has not yet been fully investigated and to portray the government as trying
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Progress on new property values but concerns about energy privatisation
EconomyProgrammehave collected around 2.6 billion euros from the property levy and this year’s budget has an identical... to be worth more than 200,000 euros. A clearer picture will only emerge after a secondary panel has... in the objective values that have been proposed. There has been pressure on Athens from the lenders
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Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
EconomyMacroeconomyof the year, Eurosystem funding has fallen by approximately 7.38 billion. As with the previous month... Bank (ECB) funding to 11.24 billion euros. In recent months, ELA funding has been steadily falling... with improved market access. Eurosystem funding to Greek banks has declined by approximately 100.28
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