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Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop
EconomyMacroeconomyago. The ESI fell to a historic low of 74.8 in March 2009 and displayed high volatility until June 2012. Since then, it had posted a considerable improvement by more than 26 points until June 2014... 2011 and displayed a slightly upward, yet volatile, movement until August 2013. Since then, consumer
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Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgramme. The ballot may be delayed until October 17, instead of the initially scheduled October 15, according... retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension... years. Until then, these pensioners will receive only the part of theirs pension that corresponds
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Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
EconomyMacroeconomy, the year to date outperformance of 535 million euros until August turned to an underperformance... government decided ENFIA to be paid as of October in five instalments until February. In addition... to be met. Until now, the only month with revenues above the 5-billion mark was July, when revenue
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Business indicators rise for second successive month in October
Economyin the 3-year period until Jun 2012, ESI considerably increased by more than 26 points until June 2014, when it peaked to 104.2. Since then, ESI followed a downward trend until August when it posted... in February 2015. Since then, it posted a cumulative nosedive of 34.2 points until August, when it resumed
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Privatisations in Greece: A win-win that's difficult to achieve
Agorafor an additional 20 years, that is until 11 June 2046. HRADF to HCAP According to various media reports... superfund. As it will take time until the new agency is fully operational, we should expect... – will first proceed with the conclusion of an agreement to extend the concession by 20 years until
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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankingbut delayed putting it into effect until the assessment of banks’ BoD members by the Hellenic Financial... professor Charikleia Apalagaki was elected as interim chairman until the election of the new one. Sallas... Sallas’s leadership until the early 2000s, when it acquired Macedonia-Thrace Bank, XiosBank
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Tsipras freshens up cabinet, looking for balance with party and lenders
PoliticsGreek Politicswith the judiciary. He was replaced by Stavros Kontonis, a lawyer who had been sports minister until now... addition at the Economy Ministry is Stergios Pitsiorlas, who until now headed Hellenic Republic Asset... headed the minister’s office until now. Achtsioglou will have a key role in the upcoming talks
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Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek Politicshas proposed. Although the Greek government insisted until recently that it would not legislate any... to vote for measures he insisted until recently would not be needed. The detailing of medium-term... his prize. If, for instance, any meaningful discussion is put off until after the German elections
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Greece gets bigger tranche from Eurogroup but Tsipras misses other key targets
PoliticsGreek Politicsof a 14-month Stand-by Agreement but stated clearly that no funding would be released until... for Greece, but on hold until the Fund is satisfied that measures have been agreed which guarantee... weeks but given that the eurozone has no intention of implementing any measures until after August next
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In absence of bond issue, coalition ponders next moves
PoliticsGreek Politicshas split its remaining 26 months in office into two phases: One which lasts until August 2018, when the bailout ends, and the other that runs from then until September 2019, which is when the coalition... and Transparency committee managed to delay until September a hearing at which Kammenos will have to answer
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