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General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
EconomyMacroeconomymillion), hospital arrears (+8 million) and SSFs (+6 million). Arrears in extrabudgetary funds fell... of 500 million euros was also noted in bank support as well as a marginal fall of 1 million euros
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Eurobank sells NPL package in attempt to reduce bad debt pile
EconomyBankingat 11.5 billion (10.8 percent), loan sales at 7.4 billion (6.9 percent) and collections at 6 billion... another 1 and 2.5 billion are due to be assigned within October and mid-2018 respectively. Piraeus
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Travel balance up by 18.5 pct in August as foreign arrivals increase
EconomyMacroeconomyfrom non-euro countries within the EU 28 rose by 6.5 percent to 6 million. Arrivals from non-EU... are foreseen to increase by at least 1 billion and range between 14.2-14.5 billion this year
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Sub-tranche released but PPC poses key challenge in review
EconomyProgrammeinto effect on January 1. The other significant change that will be introduced is that banks will have... up to 6 months of salaries owed. The changes agreed with the institutions last week are designed
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Banks enhance steps to deal with NPLs ahead of stress test
EconomyBankingsettled and employees paid up to 6 months of backpay. The changes, agreed with the institutions..., the viability of the bank loan issued to it. From January 1, businesses applying for bank loans
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Newsletter 138
outstanding single property tax (ENFIA) payments have been settled and employees paid up to 6 months... improved by 1 point, services confidence has risen by 17.6 points, retail trade has deteriorated
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Coalition in last-minute legislative rush, extends helping hand to MPs
PoliticsGreek Politicssignificant of those was an amendment introducing jail sentences of up to 6 months for anyone obstructing... where the 30 percent discount on VAT will be scrapped as of January 1. The Finance Ministry
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Newsletter 145
significant of those was one introducing jail sentences of up to 6 months for anyone obstructing... and the Dodecanese from January 1. Until now, these islands have had a 30 percent discount on VAT. C/A deficit
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Travel balance up by 18.2 pct in October on increased foreign arrivals
EconomyMacroeconomypercent to 9.5 million while visitors from non-euro countries within the EU 28 rose by 6 percent... are foreseen to increase by at least 1 billion and range between 14.2-14.5 billion this year, subject
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Newsletter 146 -12/01/2018
to be at the head of the line in terms of the firm’s creditors, and to be able to claim up to 6 months... over on Wednesday a 3-month T-bill with a yield that fell below 1 percent for the first time
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