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Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
EconomyGreek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the European Banking Authority (EBA) by September 30
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Greece sees travel receipts rise again in July to reach 2.74 bln
EconomyMacroeconomy. SETE has recently upgraded its full year projections on international tourist arrivals to 19.5 million
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DIMAR won't vote for coalition's presidential candidate, wants SYRIZA alliance
PoliticsGreek PoliticsPrime Minister Antonis Samaras asked for a confidence vote next week so his government will gain more time to improve its fortunes before the process to elect a new president of the republic begins in February. Even before the confidence vote has taken place, though, the size of Samaras’s task
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Retail sales rise in July for second straight month - not seen since 2010
EconomyMacroeconomypercent increase posted in June. The July performance of retail turnover means that the index has risen
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IMF lowers medium-term forecasts for Greek debt, 2014 financing needs
EconomyThe International Monetary Fund has provided updated forecasts on the key Greek macro and fiscal figures in its latest World Economic Outlook (WEO) and Fiscal Monitor (FM) reports. Expectations for GDP growth remained unchanged at 0.6 and 2.9 percent for 2014 and 2015 respectively, in line
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Venizelos under further pressure as PASOK grows ever more anxious
PoliticsGreek Politicsitself from New Democracy and opening up to the possibility of working with SYRIZA. Venizelos has so
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September revenues drive 9-month Greek primary surplus up to 2.53 bln
Economybudget execution bulletin, a senior MoF official has recently indicated that the “outcome of ENFIA
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Greek banks see Eurosystem funding drop to lowest level since 2009 in September
EconomyMacroeconomyin August. Since the beginning of the year, Eurosystem funding has dropped by 30.45 billion euros
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Nervous markets subject Greek stocks and bonds to a hammering
Economysteep rise from 5.58 percent on September 5th. The entire Greek yield curve has been affected. Even
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Samaras, Venizelos suggest EU support for Greece to continue after tough week on markets
PoliticsGreek Politics. "It has been explained from Greece's side that we do not need a new Memorandum of Understanding
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