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Newsletter 50 - 06/11/2015
) for the remaining 75 percent. CoCos, which qualify as Common Equity Tier 1 (CET1) capital pari passu... reflects the slow response from the European Union, it also highlights Greece’s inability so far to set up
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New Democracy bewildered by ballot failure as Tsipras solicits consensus
PoliticsGreek PoliticsNew Democracy’s electoral committee is due to meet at 1 p.m. on Monday to decide what action to take next after the party failed to hold its leadership election on Sunday due to software problems... majority trimmed by two during last week’s vote on another set of bailout-related measures, it has
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammeThe government tabled in Parliament on Saturday evening the multi-bill containing the prior actions demanded by the institutions for the disbursement of the next sub-tranche of 1 billion euros..., the relevant cost ceiling is set at 570 million euros for 2016 and will be lowered by 20 million per annum
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Deflated SYRIZA shuns broader political cooperation for now
PoliticsGreek Politicsinstalment of 1 billion euros. Given that the talks had concluded and sensitive issues such as pension... resuming on Sunday, due to a lack of appetite for discussion. Members adopted on Sunday a set
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Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agora38.4 billion euros in the 11-month period. This means they exceeded their target 1 percent or 393.... As an example, the annual ENFIA target is set at 2.65 billion euros. This corresponds to a collectability
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Gov't hits back as pension reform row heats up
EconomyProgrammeof the government’s unofficial statement: 1) Any comparison of the new pension levels with those included... set out that the pension cost should not increase by more than 2.5 percentage points of GDP by 2060
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Newsletter 57 - 08/01/2016
equivalent to 1 percent of GDP is expected to be the most complicated part of the first review... the conditions for such change. Each requires a different skill set. Finally, the belief that someone
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Is Regling right to be concerned about Greek liquidity?
AgoraStrategy that will set out the coming years’ austerity measures. The total figure of IMF obligations... surplus of just over 1 billion euros during the first quarter of 2016. Unless Prime Minister Alexis
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Gov't proposes easing impact of pension reforms on self-employed for three years
Economy, which is reduced by 1 percentage point for incremental income of 1,000 euros. Thus, for annual.... The income ceiling was set at 55,000 euros, where the proposed discount stands at 5 percent. The Ministry
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammeeuros (4.3 percent of GDP) from the following interventions: 1) Increase in the solidarity levy rates.... This ceiling was reportedly set at 500,000 euros for SME loans, at 250,000 euros for loans to self
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