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Newsletter 50 - 06/11/2015
an annual coupon of 8 percent. In addition, they are mandatorily converted to common shares if a bank’s CET1..., while their approval is expected by November 8. The two key pillars of the capital plans involve
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Banks reveal new capital structures, ex-bondholders sell shareholdings
Economytrading on December 8. Stock performance The new Alpha and Eurobank shares that resulted from both... and 8 respectively. It is noteworthy that Alpha share dropped 14.89 percent on Wednesday
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Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates
Society) are the most likely to say corruption is a problem, while those in Denmark (2 percent), the UK (8 percent... in Lithuania, Greece, Bulgaria (all 8 percent) and Slovakia (7 percent) are the most likely to have been
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Drop in disposable income accelerates to 3.3 percent in Q3
EconomyMacroeconomyof social contributions by 8 percent coupled with a nosedive in revenues of other current transfers... 8 percent in Q2. Net borrowing also eased to 708 million euros in Q3 from 1.19 billion a year ago.
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Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgrammeof 2016 to reach 8 billion by August 2018. Cash primary surplus would reduce financing needs by 2.5... of 2 billion will be used for state deposit financing. Finally, for the first 8 months of 2018
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Greek stocks climb 3 pct on week, banks post double-digit gains
Economy. Core PPI improved by 8 percent to 288 million QoQ, while loan impairments dropped by 8 percent
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How Greece's political system failed to safeguard the largest investment in the country's history
Agorathe assessment. Largely via those two actions, banks enhanced their capital by 8 billion euros, with Alpha’s... and also holds 4.07 billion of NBG and Piraeus CoCos bearing a return of 8 percent per annum
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomymillion) 6) Income tax on corporate cars (91 million) 7) Tax on coffee (62 million) 8) Tax on fixed..., while bonds are seen down by 8 billion due to redemptions. Interest payments as a percentage of GDP
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New poll hurts coalition's recovery hopes as Turkey threat grows
PoliticsGreek Politicsinto Parliament are Golden Dawn (8 percent), the Communist Party (6 percent) and PASOK (5.5 percent..., from 8 percent to a still-low 11 percent. The survey also underlines how scepitcal Greeks are about
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeexpenditure cuts (almost 8 pp of GDP), primarily in social benefits, including pensions, and wages... declined by almost 8 percent in 2012. Conditionality The 2015 DSAs appropriately suggested reframing
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