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S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
Economyto materialise before it considers an upgrade. Two of those conditions, the complete lifting of capital... capital controls without any adverse effects on bank deposits. The agency believes that this development
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Athens tries to rekindle ties with North Macedonia after period of stasis
PoliticsForeign Policythat took place in North Macedonia’s capital also showed a desire to heal the wounds that emerged due... and could be North Macedonia’s closest ally and best friend.” Talks focused on bilateral issues... of bilateral economic co-operation, the Western Balkans’ European perspective and the recent military
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PM sees progress on lasting dispute with Albania after Tirana visit
PoliticsForeign Policy-Western Balkans Summit in the Albanian capital. “I think we are close to making progress to resolve... to the International Court of Justice in The Hague,” even though he acknowledged that bilateral talks on the issue... to the countries in the region to engage more in solving bilateral disputes, also in the EU integration
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Three months on from imposition of capital controls, some restrictions being relaxed
EconomyThree months after the imposition of capital controls on June 29, the Finance Ministry outlined on Monday the restrictions or relaxations that are currently in effect. Although the daily withdrawal limit for Greek bank customers remains unchanged, there is a gradual return to some kind of normality
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Retail sales nosedive by 8.7 pct in July amid capital controls
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell sharply by 8.7 percent in July, after a 1.7 percent drop in June, the Hellenic Statistical Agency (ELSTAT) said on Wednesday. The July rate is the highest negative reading over the last two years and is largely attributed to the imposition of capital
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Moscovici tries to kill discussion of primary surplus targets as easing of capital controls cleared
EconomyProgrammeof capital controls, which was flagged up by the Bank of Greece governor Yannis Stournaras in a speech
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomyThe significant increase in the use of debit and credit cards after the imposition of capital controls in July 2015 is having a positive impact on VAT revenues by improving collectability, the Bank of Greece (BoG) concludes in its interim monetary policy report published last Friday. In contrast
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Govt calls on local businesses and banks to free up capital for investment
PoliticsGreek Politicsevidence that it can back up its claim of making the country more attractive for foreign capital
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Are Chinese investments starting to hit a wall in Germany?
Agorathe United States and France. Total bilateral trade between China and Germany ranks first because... on the acquisition from the outset in Germany. Regulators for the German capital market (Bafin... Group) in the German car manufacturer Daimler-Benz in February 2018. The German capital market
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Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results
AgoraBiotech and India’s Bharat Biotech. A question of price While the exact prices the different vaccine
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