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  1. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    In its latest quarterly report published on Monday, the Parliamentary Budget Office (PBO) argues that the Greek economy could grow by more than expected this year but that a series of concerns, including bank stress tests, unpaid taxes, lack of structural reforms and stagnant exports could yet

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  2. Greece's Parliament Budget Office sees lack of post-bailout plan

    EconomyMacroeconomy

    In its latest quarterly report published on Wednesday, Greece’s Parliamentary Budget Office (PBO) set out its concerns about the country’s preparedness for exiting the troika Memorandum of Understanding (MoU). The PBO notes that, as part of the ongoing review, the government is negotiating if, how

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  3. Parliament's budget office rings alarm bell on economic prospects

    EconomyMacroeconomy

    The Greek economy deteriorated in the first half of 2015 and the country has entered again into a recessionary trajectory, according to the quarterly report of the Parliamentary Budget Office (PBO). The key rationale lies with the uncertainty that stemmed from the extended deposit outflows

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  4. Parliament's budget office sees risks and rewards in third bailout
    Photo by MacroPolis

    EconomyMacroeconomy

    The elimination of uncertainty related to economic policy and the implementation of reforms and privatisations is a key condition for faster and sustainable economic recovery, the quarterly report of the Parliamentary Budget Office (PBO) stresses. The issues that have emerged from

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  5. Parliament's budget office highlights economic challenges beyond bailout

    EconomyMacroeconomy

    The economic challenges that Greece faces should it conclude the first bailout review with the institutions are outlined in the latest quarterly report of the Parliamentary Budget Office (PBO). The report notes that based on the latest available information, the negotiations with the institutions

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  6. Parliament's budget office sees risks to economic recovery
    Photo via Flickr https://flic.kr/p/7sxCd6

    EconomyMacroeconomy

    In its latest quarterly report, the Parliamentary Budget Office (PBO) calls for swift and consistent implementation of the third bailout programme since it concludes there is no alternative route to economic growth. On the labour market reforms that are part of the second programme review

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  7. Budget debate begins as poll highlights opposition's weakness
    Photo by MacroPolis

    PoliticsGreek Politics

    The debate over next year’s budget began in Parliament on Wednesday, ahead of this Sunday’s vote. Although the government is coming under attack over the cost of living and taxation, this political pressure is still not translating into any substantial shift in public opinion. Finance Minister

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  8. Eurobank sells insurance arm to Fairfax for 316 mln
    Photo by MacroPolis

    EconomyBanking

    insurer in Greece with a market share of around 10 percent and gross written premiums of 242 million

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  9. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    to date. Housing loans contracted to 67.65 billion with net deductions rising to 242 million

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  10. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
    Photo by MacroPolis

    EconomyBanking

    it is in the process of disposing NPLS with a value of 242 million in Romania (170 million) and Bulgaria (72

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