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First day of review talks highlights differences as Athens eyes tight schedule
EconomyProgrammethe first round of discussions that lasted until October 27, former Economy Minister Giorgos Stathakis... the government proposes tax debt created until the law is voted be included in the process.
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomydown by 0.5, 2.5 and 0.8 percent respectively. In addition, the VAT rate remained stable until June... justifies a rise in VAT revenues by 600–900 million euros until Q2 2016. The BoG also notes
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Decisive week for Greek programme begins with proposal from Athens
EconomyProgrammebe discussed and resolved, which include: a) reforms as well as fiscal targets until 2018 and beyond... until an agreement is reached on all three issues”, Tsakalotos stressed. He also repeated
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Athens searching for compromise formula should IMF remain on board
PoliticsGreek Politicsthat no decision can be taken until the Fund’s board clarifies its intentions regarding the Greek programme. Athens is also reluctant to make any painful concessions until it is clear that a deal
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Athens gears up for deal with lenders, pending news from IMF
PoliticsGreek Politicsto make. Athens will look for incentives to counter-balance the effect of a compromise that until... the implementation of the lower tax-free threshold until 2019 and allowing a clause for the measure
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankingperiod from the third quarter (Q3) of 2012 until Q3 2014 when there was not any material... securities stood at 3.1 billion euros from July 2015 until November 2016, of which 700 million involve
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Piraeus Bank appoints new CEO, ending a long period of uncertainty
EconomyBankingshortfall was fully covered by the Hellenic Financial Stability Fund (HFSF), until the end of January... as acting CEO until the process for the appointed of the new CEO was concluded. Poulopoulos currently holds
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Multiple potential benefits await Greece if it can clinch QE eligibility
EconomyFeaturesbillion after August 2018. The PSPP is due to run at least until December 2017. The monthly... be also dependent on the residual duration until the expiration of the QE programme. Impact on Greek
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In absence of deal with lenders, some in SYRIZA keep political options open
PoliticsGreek Politicsprogramme and try to guide Greece out of the bailout and the crisis, leaving elections aside until the end... is politically palatable. Until this happens, the alternative scenarios regarding an enhanced parliamentary
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Greece and lenders trap themselves over labour reforms
Agorawill not be ratified by the European statistics agency Eurostat until April 24 (the Greek agency... agreed that the favourability principle would remain suspended until the end of the programme in 2018
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