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NBG completes sale of Finansbank to Qatar National Bank
EconomyBankingincome by 57 million on an annual basis. The bank has by far the lowest loan to deposit ratio of 92
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Lenders' report reveals long-term savings from pension reform, which also offset court ruling
EconomyProgrammeperiods. Those three measures are among the 15 prior actions Greece has to implement by mid-September
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Deposit flow turns positive in May with inflows of 184 mln
EconomyMacroeconomymillion in April. Since the beginning of the year, the Greek banking market has recorded outflows
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Tsakalotos confident on meeting fiscal targets, sees capital controls being gradually relaxed
EconomyProgrammeprogramme review would be easier than the previous one since the bulk of the required fiscal measures has
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Study weighs up extent of Greek emigration during crisis
Societyin the 25–39 age group. According to the author of unpublished report, which has been seen
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IMF sets out key priorities for Greece, including labour market flexibility
Economymemorandum of understanding (MoU), the Greek government has to launch as a prior action a consultation
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Industrial turnover plunges 13.4 pct in May for fifth successive double-digit drop
EconomyMacroeconomyGreece’s Turnover Index in Industry continued its downswing in May, diving by 13.4 percent after a downward revised 14.3 percent drop in April, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. Industrial turnover has been in negative territory for 20 successive months (since
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Parliament's budget office sees risks to economic recovery
EconomyMacroeconomyframework has not yet stabilised, while the ambivalence of some government members, the strong stance
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S&P affirms Greece’s rating with stable outlook
EconomyAs was broadly expected, S&P affirmed on Friday afternoon Greece’s ‘B-/B’ ratings, while the outlook remains stable. It is worth noting that S&P has the highest rating for Greece, which stands three notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC
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Government eases capital controls further, aiming to restore depositor confidence
EconomyFollowing pledges earlier in the month, the government has now further relaxed the capital controls imposed last summer. Finance Minister Euclid Tsakalotos published in the Government Gazette on Friday the relevant amendment allowing further relaxation, following the ratification of the proposed
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