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The numbers behind Greece's reform proposals
EconomyProgrammerevenues of 3 and 1.46 billion euros respectively. The outstanding stock of unpaid tax obligations... governments and hospitals. Mardas said procurements that do not exceed 60,000 euros amount to around 1
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Unemployment rate edges up to 26.1 pct in Q4 2014
EconomyMacroeconomywith the unemployment rate decreasing by more than 3 pp YoY to 41.1 percent. The 30-44 age group also showed... and 23.7 percent a year ago. The number of ‘long-term’ (more than 1 year) unemployed dropped
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Greek gov't targets unpaid social security contributions: The numbers involved
Economyat 50 euros. The proposed intervention targets SSC past due until February 1, while those applying... 2012 to 237,000 in October 2014 with foregone SSC of almost 3 billion. This amount will be offset
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingat 494 bps in Q4 from 216 bps in Q3 with the full year figure settling close to 3 percent. Loan loss... Common Equity Tier 1 (CET1) ratio declined by 140 bps QoQ to 14.4 percent, mainly due
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Greece prepares reforms list, eyes solution to liquidity shortage
EconomyProgrammeor more of the following: 1) The European Central Bank’s SMP profits of 1.84 billion euros. Note... to the successful conclusion of the review. 3) The return of 1.2 billion euros from the European
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Tsipras Berlin visit brings some relief on Greek bond, stock markets
EconomyGreek stocks rose for the third straight session on Tuesday, when they increased by 3.66 percent following a 3 percent rise on Monday. The strong rebound came in the aftermath of the more positive... since the January 25 elections. Greek banks rose by 1 percent today, following a sharp rise
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Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012
EconomyMacroeconomy-adjusted (NSA) jobless rate, which dropped to 26 percent in January after increasing by almost 1... improvement by more than 4pp over the past 3 months. The most recent official forecasts released
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Central gov't cash surplus reaches 1.19 bln in Q1, up 54.3 pct YoY
EconomyMacroeconomyto 918 million euros, with March recording a marginal surplus of 3 million from deficit of 1.28... showed a lower drop in net revenues (-1 percent) and a slower rise in March figure (+16.8 percent). Cash
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Newsletter 24 - 24/04/2015
, as well as repayments to the IMF (of 180 million on May 1 and 700 million on May 12) and interest...) funding. Banking sources note that outflows reached 3–4 billion in March, an amount which was almost
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Tsipras upbeat about funding deal but also mulls referendum in case of impasse
PoliticsGreek Politicsrevelations. The key things to take away from the show are: 1. Referendum: Tsipras ruled out the option... assets sold to investors. 3. Fiscal: Tsipras claimed that the target of 1.4 percent growth and 1.2
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