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Tsipras identifies debt relief, bank recap and attracting investments as key goals
PoliticsGreek PoliticsPrime Minister Alexis Tsipras set out three priorities for his government once the first bailout...-November. The three goals set by Tsipras were: Debt relief, bank recapitalisation and attracting... to set up a mediatory body to reach out of court settlements between lenders and customers who cannot
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economyitems excluding loan provisions and profits. The bank said the full set of Q2 results... at the end of September. We set out below the key trends visible in the results presented by the two... the domestic economy is set to enter into recession as of Q3. Banks’ asset quality would be among the key
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Coalition in rush to wrap up pending bailout issues
EconomyProgrammeto receive the 10 billion euros set aside for bank recapitalisation. Although not defined yet, the next set of prior actions – beyond those included in the multi-bill due to be voted on Thursday... of the current social security contribution scheme. The second omnibus bill for the first set of 49
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Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
EconomyProgrammesector issues as well as the pending measures from the first set of milestones in the course... billion euros for bank recapitalisation from the implementation of the second set of prior actions... of foreclosures, as well as the first set of milestones should be resolved and implemented
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Greece, lenders reach deal to secure bailout sub-tranche and bank recap funds
EconomyProgrammeby 3,391 euros for each child. So, for a family with two children the income threshold is set at 20,639... property value is set at 230,000 euros and the annual income would be no higher than 13,906 euros.... This means that for a family with two children the annual income threshold is set at 35,086 euros
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgrammethe emergency procedure in Parliament on Tuesday evening the omnibus bill with the last set of pending... for each child. According to the Finance Ministry, the income threshold was set at 8,180 euros... euros. The taxable property value limit for those households was set at 180,000 euros for singles
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Stock market slips 1.4 pct dragged by huge bank losses
Economyof the first set of milestones and the European Stability Mechanism (ESM) disbursed the sub-tranche of 2... on the second set of prior actions Greece has to implement by mid December to unlock the next sub... to 300 million euros from November 30 until December 2 with the offer price set at 0.02 euros
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Newsletter 55 - 12/12/2015
in the near future with Piraeus Port (OLP), with the deadline for the submission of binding bids set... maintenance) with the initial deadline for the submission of binding bids set for January 15. While... 2016, which he set at around 3 billion, a higher figure than the 2016 budget target of 2 billion
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Mitsotakis takes first step in remoulding New Democracy
PoliticsGreek Politics-elected leader. Mitsotakis sought to set a new tone at the congress, which largely lacked... campaign expenses. The congress also provided Mitsotakis with an opportunity to set out his vision for a policy programme. He set out a 25-point plan of reforms and policies that will undoubtedly appeal
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Coalition under fire over multi-bill but aiming to stay united for vote
PoliticsGreek Politicsthe possibility that voting through another set of unpopular measures may prove too much for some... to the one on the last set of measures, when all 153 MPs from SYRIZA and ANEL supported the reforms... the latest set of legislation needed to conclude the review. That is why it will be vital for Prime Minister
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