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  1. Drop in corporate loan rates led the average loan rate at a new historic low
    Photo by MacroPolis

    EconomyMacroeconomy

    . At that time more than 15 banks were operating in the Greek banking market. After a series of M&A... in the corporate overnight rate. On the corporate lending front, interest rates fell by 15 - 50 bps with the most

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  2. Greece and creditors try to untangle pension complications

    EconomyProgramme

    Parliament on July 15 included the following pension-related interventions: 1) Health contributions... of statutory retirement age of 67 years with a minimum 15 years of contributions or 62 years with 40 years

    7%

  3. Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    on measures outlined in the MoU” Another tranche of 15 billion euros for banks will be “made available after the first review and no later than 15 November” as long as lenders have completed their stress

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  4. Eurogroup sets out key dates ahead for Greek programme

    EconomyProgramme

    announced by the end of October. The remaining 15 billion euros could be disbursed after the first...’ disbursement is “no later than November 15”. The Greek Finance Ministry issued a press release

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  5. Newsletter 43 - 18/09/2015

    Newsletters

    threshold), would give each party around 15 seats. This means that the three parties could form... three parties that a majority of around 15 seats will be too slim. It should be noted that since

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  6. Newsletter 46 - 09/10/2015

    Newsletters

    on in Parliament by, or around, October 15, as the government seeks to conclude the first review of the third... to be implemented by 15 October to unlock the first subtranche of 2 billion euros incorporates a first

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  7. First visit by quadriga to Athens leaves series of issues unresolved

    EconomyProgramme

    on October 31. The Eurogroup statement of August 14 stressed that the second tranche of 15 billion euros... 15. Mega TV reported on Saturday that the review may be delayed until the end of December, while

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  8. Greek banks' equity raising could keep official support to a minimum

    Economy

    including a reverse split (1:15). HFSF holds 57.24 percent of the bank’s share capital with no other.... Piraeus has called an EGM on November 15 to approve a capital raising of up to 4.93 billion including

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  9. Greek banks' capital actions underway, state aid seen as low as 4.7 bln
    Photo by MacroPolis

    Economy

    today is also due to approve a reverse split (1:15). Piraeus Following the LME outcome of around 600...) decisions. The EGM held on November 15 also approved a reverse split (1:100). Summing up, the four systemic

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  10. Greek teachers low paid, but work shorter hours in smaller classes
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    Society

    of service. Even after 15 years’ experience, a Greek lower secondary school teacher with minimum..., with nine pupils per teacher, below the OECD average of 15 and much below Mexico, where there are 28

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