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Gov't mounts defence of pension plan but lenders' approval may take time
PoliticsGreek Politicsof the pension system, the government has decided to actively defend its plan both at home and abroad... to woo lenders and ensure that the government’s plan is accepted without the need for immediate cuts... the current plan. Dijsselbloem, however, appeared cautious about the prospects of a swift agreement
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Amid protests, coalition ponders tweaks to pension plan
EconomyProgrammestatement on tax evasion triggered a new round of tension with farmers who plan to escalate... was not reached, Tsipras pledges could ease some of their objections to the initial plan. In particular... below 30,000 euros for a 3-year transition period. The pension reform plan tabled in early January
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HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015
EconomyBankingplan to enhance coordination among banks for common borrowers and accelerate the restructuring... of the four core banks (Eurobank, NBG and Piraeus) and came up with an action plan on the restructuring of large corporate NPEs. The action plan is comprised of five key pillars: 1) The analysis
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HRADF's updated asset development plan sets out next batch of privatisations
EconomyProgrammefor investment purposes. Asset Development Plan Moreover, the updated Asset Development Plan (ADP... for the sale of 100 percent of Hellinikon SA include the submission of the integrated development plan
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Athens presents growth plan outline as lenders continue to differ on debt relief
EconomyProgrammerelief. Although the final version of the growth plan will not be submitted to eurozone finance ministers... by the government’s growth strategy. He suggested that if his party comes to power, the plan would... of the ANFA and SMP profits. Two European officials told Kathimerini that the draft plan for the French
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Talks to begin on plan to rescue PPC from dire financial straits
Economymeters. PPC’s net debt in the first quarter stood at 3.63 billion euros. Rescue plan... are anticipated to also involve PPC’s rescue plan, formulated with McKinsey and leaked to the press last year. The supposed five-year plan raised concerns about the long-term viability of PPC
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankingMinister Giorgos Zavvos handed the plan, dubbed the Hercules Project, over to officials in Brussels... APS does not breach the EU’s state aid rules. According to Bloomberg, the plan foresees between 9... in February, HFSF CEO Martin Czurda, said that once European authorities approve the plan, 6-9 months
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HRADF development plan lays out list of actions pending for privatisations
EconomyFeaturesplan that a number of barriers still remain in place for several major privatisations to move... of the development and planning areas, among others. In total, the latest development plan lists 12... Corporation, HRADF notes that a restructuring plan is being drawn up by the Ministry of Energy
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Greece working on plan for multilateral talks in East Med
PoliticsForeign Policycautious, awaiting a more detailed plan, particularly regarding how Athens intends to engage... such as France and Italy. Turkey was also briefed on the plan by Foreign Minister Giorgos Gerapetritis, who met... on the delimitation of maritime zones. Asked why other key players are excluded from the initial plan, diplomatic
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Montenegro's vaccination adventure: Lord, bless us with good health
Agoraof coronavirus cases. Corona - free, corona everybody In the middle of last year, the previous government... the slogan – a "corona-free" destination. Before reaching the planned goal, new cases were registered and the "corona-free" motto was cynically reformulated on social media as "corona for everybody
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