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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomybudget in particular, shows a material improvement by more than 3 billion YoY and 500 million month...: a) two bond issues, a 5-year note of 3 billion in April and a 3-year note of 1.5 billion in July and b
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomyhigh debt which remains a major challenge, 3) slow progress in bank balance sheet restructuring... as the gains of the large competitiveness gains may be underestimated and 3) faster progress
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Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBanking(ATEbank, 3 Cypriot banks’ operations in Greece and Millennium Bank) over the past two years... by 3 percentage points QoQ. Piraeus also disclosed an approximation of its non-performing exposure (NPE
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Regional airports deal represents biggest privatisation yet for Greek government
Economy, the company is expected to post cumulative losses of 100 million in the first 3 years. Fraport..., HRADF has completed 18 privatization projects in the last 3 years with total proceeds of 5.36 billion
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Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011
EconomyMacroeconomyinstitutions eased 3 percent from 2.9 percent in the preceding 3 months. Balances dropped by 475 million
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyof 3 billion euros in April and a 3-year note of 1.5 billion in July b) Redemptions of 16.5 billion c) Exchange of 1.67 billion T-Bills via 3- and 5-year bond re-opening in September. The amount
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomydisplayed consumer credit and corporate NPL ratio increased by almost 3 percentage points (pp) from... to obligations to more than one banks, while are also past due for more than 3 years. BoG projects NPL ratio
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Conditions for Greek ECCL reportedly outlined in German document
EconomyProgramme’ recapitalization. 3) Compliance with Growth and Stability Pact obligations. 4) Improvement in the current account balance. 5) Access to capital markets. Despite the issues of 3- and 5-year bonds until
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Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
EconomyBankingthe acquisition of 6 banks (ATEbank, the 3 Cypriot banks’ operations in Greece, Geniki Bank... corresponds to obligations to more than one banks, while are also past due for more than 3 years. The same
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New claim of attempt to bribe MP casts shadow over presidential vote
PoliticsGreek PoliticsHaikalis up to 3 million euros in order to vote for the presidential candidate, Stavros Dimas... to the government also offered her up to 3 million euros via messages on Facebook. [https
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