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  1. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    of debt obligations over the past 10 days. The first was the roll-over of 1.4 billion 6-month T-Bills... 1.9 billion euros from 9 gg entities’ cash reserves for T-Bill purchases. More than 10 billion from... in revenues from the fast-track settlement of tax arrears implemented in the last 10 days of March

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  2. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    with mortgages and consumer loans at 24 and 10 percent respectively. As expected, deposits fell... split between Greek sovereign (10 billion) and loans (8.1 billion). The bank revealed that the ELA.... The bank estimates synergies of 10 million and positive liquidity of 0.3 billion due to the acquisition

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  3. Income inequality in Greece has grown during crisis, OECD report shows
    Photo by MacroPolis

    Society

    with comparable data. By contrast, the top 10 percent controlled half of all total household wealth... and Greece, where the average income of the bottom 10 percent fell 13 percent per year from 2007 to 2013. This group fared considerably worse than the median and the top 10 percent. The impact

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  4. Coalition in rush to wrap up pending bailout issues
    Photo by Peter Panter via Flickr https://flic.kr/p/4CtprB

    EconomyProgramme

    is the conditions for the disbursement of the 10 billion euros for bank recapitalisation that is currently... to receive the 10 billion euros set aside for bank recapitalisation. Although not defined yet, the next... disbursement of both the sub-tranche of 1 billion plus the all-important 10 billion for bank

    5%

  5. Government in race against time to resolve bailout issues

    EconomyProgramme

    Following the Eurogroup decision on Monday to decouple the disbursement of the 10 billion for bank... examining the final technical and legal details for imposing a tax of 10 percent (0.05 euros per... of the installment payment deadline) to be reduced to 20 days in June 2016 and to 10 days as of the beginning

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  6. Privatisation of power transmission firm ADMIE a key challenge among prior actions

    EconomyProgramme

    . The relevant invitation was published by PPC on April 10, 2014. The first phase of the ADMIE tender... per Azioni. According to its 2014 financial results, ADMIE sales fell by 10 percent to 312 million... the country’s electricity imports via ADMIE, since only 25-30 percent of imports and 10 percent

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  7. Newsletter 57 - 08/01/2016

    Newsletters

    that they should have been adjusted in May 2015. For most areas, the adjustment will result in a 10–20 percent... to taxpayers providing receipts for purchases and services for an amount equal to 10 percent... euros in 2016, they will have to collect 10 percent of their income (or more) in receipts through card

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  8. Newsletter 81 - 08/07/2016

    Newsletters

    by 32.4 billion, 10 billion of which in the last month, which also reflects the reinstatement... administrations Parliament is due to vote in just over 10 days on the government’s proposal to switch Greece... loan rates displayed mixed trends. They increased by 10 bps to 5.97 percent for amounts below 250,000

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  9. Newsletter 90 - 30/09/2016

    Newsletters

    of the next sub-tranche of 2.8 billion at the next Eurogroup due on October 10. In addition, the Finance... on October 10. Apart from securing the 2.8 billion and ticking another task off its list... makes their country a worse place to live and only 10 percent think it improves things. While

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  10. Greece gears up for second review, faces wide-ranging reform to-do list

    EconomyProgramme

    actions needed to complete the first review, which was ratified by the Eurogroup on October 10.... Privatisations Finance Minister Euclid Tsakalotos published in the Government Gazette on October 10... that the October 10 Eurogroup’s statement stressed that those actions “must be pursued as a matter of priority

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