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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingbanks clean up their balance sheets is a few steps away from coming into effect after the Finance... has yet to be endorsed by the Finance Ministry and has not progressed. The modalities of the scheme overseen by Alternate Finance Minister Giorgos Zavvos became a source of friction between bankers
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Newsletter 231 -06/12/2019
that Greek Finance Minister Christos Staikouras would not face any issues in yesterday’s meeting...-worded part of the statement issued after the meeting, the eurozone finance ministers reveal... “to reduce financing needs or to finance mutually agreed investments, in line with agreed fiscal
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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
EconomyProgramme. The mission chiefs held meetings with bank executives and Finance Ministry officials with special...) that will have to incorporate in the Finance Ministry’s view a range of positive developments, most... with a long-dated maturity, potentially a 15-year, is seen by the Finance Ministry as strengthening
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Govt takes up fiscal requests with EU as pressure over min wage, main homes mounts
Politicsand Finance Minister Christos Staikouras during his visit and will hear from them the Greek arguments... and the flattening of businesses,” SYRIZA MPs argued. Alternate Finance Minister Giorgos Zavvos insisted... general elections to increase the minimum wage by twice the growth rate. Recently, Finance Minister
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Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
EconomyMacroeconomychallenge for the government. Work has already started at the Finance Ministry and the underlying... to an agreement so Greece can cut taxes, a conversation that numerous finance ministers would rather avoid. With this in mind, the Finance Ministry’s focus has shifted to more realistic proposals
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Newsletter 240 -21/02/2020
voiced by former finance minister Euclid Tsakalotos. The vote gave e-members full voting rights... target by 771 million euros, the Finance Ministry (MoF) final budget execution bulletin showed... quarter, the Finance Ministry's (MoF) debt bulletin showed this week. The current QoQ change
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Greece braces for potential impact of coronavirus on key economic sectors
PoliticsGreek Politicsdramatic scenarios are also being considered. In a TV interview, Finance Minister Christos Staikouras..., it is not surprising that the Greek Finance Ministry is starting to manage expectations on some... year, there is little room for error. Already, Deputy Finance Minister Theodoros Skylakakis has
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Newsletter 242 -06/03/2020
coronavirus impact on economy Ministry of Finance holds meeting to assess developments and way... at the Ministry of Finance (MoF) which included Finance Minister Christos Staikouras, Minister of Development
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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgrammefiscal target. It was decided during Monday’s video call involving eurozone finance ministers... president Mario Centeno after the meeting. In a statement after the call, Finance Minister Christos... finance ministers. “This means that automatic revenue shortfalls and unemployment benefit increases
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Government readies up to 2 bln in assistance for shuttered firms and employees
EconomyFinance Minister Christos Staikouras announced on Wednesday a second round of coronavirus-related... over the next few months. The finance minister also committed to paying off state arrears to suppliers... restrictions will not apply for any eurozone member state this year. The finance minister would
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