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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBankingGreece’s four systemic banks have submitted new Single Support Mechanism (SSM) guidelines on Friday, under which the banks’ bad loans will be tackled. The new targets involve the restructuring of 50 billion euros’ worth of bad loans, according to reports in the Greek media. Of the total, 25 billion
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Eurogroup suggests there is scope for pension cuts to be called off
EconomyProgrammeof the single currency raising serious objections ahead of a final decision, expected at the December
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Falling bank shares prompt coalition to take closer look
PoliticsGreek Politics’s Single Supervisory Mechanism. It should be noted that there is no specific timeframe
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Newsletter 177 -05/10/2018
euros by selling tier 2 bonds after an agreement with the ECB’s Single Supervisory Mechanism
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Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
EconomyBankingover the last few days with the ECB’s Single Supervisory Mechanism (SSM) to agree the new NPL
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New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
EconomyMacroeconomyduring August for the single property tax (ENFIA). The collectability rate for the year to date came
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Child poverty rate in Greece triples in a decade, OECD study finds
Societythe family is jobless or a single-parent family, social transfers do not cover the shortfall enough
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New details reveal what may have led to discrepancy in Athens Airport concession price
EconomyFeatures. The original deal had anticipated single digit growth in 2017 and 2018, which now looks to be closer
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeof the November 19 gathering of finance ministers from the single currency area although the focus
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Preparing for a new normal in German politics
Agorathat a temporary exit of Greece from the single currency is not acceptable (as then proposed by her
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