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Greece seeks 3-year programme that could exceed 65 bln
EconomyProgrammeits forecast to a contraction of 1.5 percent. S&P is more pessimistic as it projected a 3 percent..., 2) Redemptions of Greek government bonds held by the Eurosystem of 14.3 billion 3) Redemption... billion would be incorporated in the calculation. 3) On the flipside, Greece could receive SMP and ANFA
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
Economy, whilst fewer companies delayed salary payments (3 percent). Almost one quarter of the sample indicated... of the surveyed firms said they estimate capital controls will remain intact for more than 3 month... 3 percent. Increasing liquidity is also seen as a top priority (26 percent) in the long run with tax
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammerate applied on tax obligations above 5,000 euros from 3 to 5 percent. For lower amounts... for Greek bank recapitalisation as outlined in the Euro Summit statement of July 13. 3) The repayment... in September. 5) Payment of state arrears to the private sector of around 3 billion euros.
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agora) results prompted banks tio increase their provisions for credit risk by 3 billion euros YoY to 12.85... billion a year ago. The difference of around 3 billion euros between the rise in cumulative provisions... than 3 billion euros in the course of last year to 85.1 billion at the end of 2015. In addition
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Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankinglosses of around 3 billion. Core pre-provision income edged up 1.5 percent quarter on quarter (QoQ... and reached 1.92 billion in 2016. Fee income stayed almost flat QoQ at 81.2 million. It rebounded by 3... to 1.17 billion from the exceptionally high figure of around 3 billion in 2015. As a result, cost
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Greece completes first bond issue in three years, eyes more on way out of programme
EconomyGreece has tapped capital markets with a 5-year bond issue for the first time since 2014, raising 3... offer was 2.08 times oversubscribed. Of the total amount of 3 billion raised from the new bond... similar transaction in April 2014. At that time, Greece raised 3 billion from a syndicated bond issue
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IMF insists fiscal targets unrealistic, cites historical evidence to support case
EconomyProgrammeperiod, Greece has been running a primary deficit in the region of 3 percent of GDP. The only exception... to meet the overall deficit target of 3 percent for euro adoption, though quickly reversed to primary... of GDP only 3 cases have managed to maintain that target and, when excluding resource-rich countries
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Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
EconomyMacroeconomy, which was very slightly over target by 3 million. A smaller rise of 5 percent was also noted... largely by consumption tax rising by 9.2 percent to 2.64 billion, while VAT revenues rose by 3 percent... period were confirmed 35 million, a slight increase of around 3 million euros against the previous
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About last night
Agorabeyond 3 years and wanted a link between how much would be disbursed in the last tranche for the cash.... It seems that instead, eurozone finance ministers opted for an amount of roughly 3 billion euros... of sustained fiscal savings, running deficits that average 3 percent over the last 70 years
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No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
EconomyProgrammethe Eurogroup meeting on December 3. Until now, it had been thought that a decision might be made... it has to reduce pension spending by 1 percent of GDP in 2019 until December 3. The reason given..., by the time the December 3 Eurogroup is held all the pieces will be in place for eurozone finance
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