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First review completed but more prior actions lie ahead for Greece
EconomyProgramme-controlled companies has to be transferred to the new privatisation and investment fund. 3) Ratification... (not later than June 2017). 3) Public Power Corporation (PPC) Annual General Meeting (AGM) should... with an international independent advisor. 3) Enhancement of the operational framework of the Hellenic Civil
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legal(the “Temporary Framework”). The Framework is based on Article 107(3)(b) of the Treaty... justification and provided that proportionality of the aid remains assured. 3. Loans at Preferential... not receive unemployment benefit. 3. Measures concerning freelancers, self-employed and sole
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Eurosystem funding for Greek banks shoots up by 11.2 bln in December
EconomyMacroeconomyin December reflects the combined effect of: 1) Deposit outflows of circa 3 billion in December, which... issues stood at circa 60 percent 3) Gradual lack of renewal of interbank repos up to 9 billion 4... Ministry general government bulletin, the nominal value of those guarantees stood at 36 billion
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
Economy-border transactions, while for 36 percent the impact was low. The cap imposed on daily withdrawals..., whilst fewer companies delayed salary payments (3 percent). Almost one quarter of the sample indicated... of the surveyed firms said they estimate capital controls will remain intact for more than 3 month
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agora) results prompted banks tio increase their provisions for credit risk by 3 billion euros YoY to 12.85... billion a year ago. The difference of around 3 billion euros between the rise in cumulative provisions... than 3 billion euros in the course of last year to 85.1 billion at the end of 2015. In addition
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Mitsotakis pleads for strong mandate as polls suggest ND heading for landslide win
PoliticsGreek Politicsis also targeting Greek Solution because if the fledgling party fails to pass the 3 percent... Democracy stands at 36 percent, with SYRIZA on 28 percent. Pulse sees 38.8 percent as the maximum... finance minister Yannis Varoufakis, are right on the 3 percent threshold for gaining seats in the next
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Newsletter 424 - 24/05/2024
by all parties exceeding the threshold of 3 percent of the vote. This means that the fewer... just short of 15 billion euros, from the total 36 billion euros envelope. The 14.9 billion euros... and 3 billion euros in April via a 30-year benchmark. This brings the execution of this year’s
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Rate of credit contraction rises to 3.7 pct in July, balances fall
EconomyMacroeconomywith that of March are the highest readings so far in 2014. In particular, housing loan balances fell 3 percent.... Balances amounted to 27.64 billion with net deductions increasing to 75 million from just 3... arrangements for that type of debtors under a strict time frame. The Code is effective as of January
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What are SYRIZA's plans for Greek banks if it comes to power?
Economyalso indicated that a SYRIZA-led government would change the top management of the 3 banks... for the settlement of any type of unpaid obligation to banks, while at the same time will audit banks... private debt as well as the establishment of the new banks is projected at 3 billion euros
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What is SYRIZA planning to do with Greek banks?
Economypercent in Piraeus. Its majority participation in the 3 banks is currently accompanied with restricted... of any type of unpaid obligations to banks. The cost of capital for this entity is estimated by SYRIZA... government would change the top management of the 3 banks (Alpha, NBG, and Piraeus) where HFSF has
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