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Newsletter 138
of repossessed properties, which are set to begin in early December. The changes are designed... improved by 1 point, services confidence has risen by 17.6 points, retail trade has deteriorated
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Tsakalotos stands ground on taxes, finalises social dividend plan
PoliticsGreek Politicsof GDP primary surplus target by around 1 percentage points, was the result of overtaxation. He argued... to have 12-15 billion euros set aside to back up its position. Credit line Earlier, government
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingexactly on target. For the full year, the bank has set a target of 17 billion euros, meaning... Equity Tier 1 (CET1) ratio stood at 17.8 percent, down by 9 bps QoQ. This was the result of lower
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Clearer picture emerging ahead of stress tests, banks appear confident
EconomyBankingstandards are effective from January 1, and have a more forward-looking approach on provisioning. Banks are required to set aside provisions for potential loan losses and not when the losses are actually
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Parliament gears up for budget vote as auction concerns persist
PoliticsGreek Politicsthe negative comments regarding next year’s budget and set his government up for a series of positive... party stands at 8.7 percent. The Macedonia University estimates its support at 9.5 percent, up 1
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Countdown begins for multi-bill, coalition eyes minimum wage increase
EconomyProgrammethe programme. This was interpreted by some as a clear pledge that the minimum wage, last set in 2012... of around 1 billion euros at the end of the year after revenues performed better than expected
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Athens gears up for name talks as coalition and opposition try to define their positions
PoliticsForeign PolicyMinister Alexis Tsipras and his FYROM counterpart Zoran Zaev on January 1, when the latter was visiting... of a composite name with a geographical qualifier set out in 2008. He added though that “the devil is hidden
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturesand the commissioning date is set for 2020. A further point of entry into Greek gas grid is the northern port.... If developed, it would offer storage capacity of up to 1 bcm. Energean estimates the cost
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SYRIZA looks towards bailout finishing line and beyond
PoliticsGreek Politicslast year following the conclusion of the second review. Each measure is worth 1 percent of GDP... the eurozone, there is little cause for Athens to draw the funds that the Fund has set aside. Naftemporiki
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Newsletter 147 -19/01/2018
Parliament last year following the conclusion of the second review. Each measure is worth 1 percent... to support the exit in the summer and not asking the institutions to set aside any funds after
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