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Significant post-election economic challenges await Greek coalition
Economy) to 1 percent constant for the next 50 years. This could result in total savings of 25 billion (14... of total loans is among the key reasons banks are still in a deleveraging mode. Also, lending... billion in 2013, 1.9 billion of new arrears were created in 2013. The total figure is currently
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NBG boosts capital base by selling total stake in Finansbank
EconomyBankingFinansbank for a total consideration of 2.75 billion euros. The agreement also includes the repayment... by 3.4 billion euros due to the disposal of Finansbank to a total of 12.8 billion euros. NBG said... ratio of 660 bps. In contrast, NBG’s capital base will be hit by 40 bps or 250 million since
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ECB sees Greek banks' total capital needs at 14.4 bln, recap plans to come
Economybe required to proceed to capital increases for their total capital needs (i.e. under the baseline scenario... a baseline and an adverse scenario. The capital needs that resulted from that assessment stood... reflects a rise in the non-performing exposure (NPE) by 7 billion. Eurobank showed the lowest capital
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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeaturesrelease. A total of 10,000 homes are being planned for the development for sale across 25 years... square metre. A total of 1 million square metres in residential property will account for 43 percent... of the park space is scheduled for completion, along with over 35 percent of the project's infrastructure
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesof the year. The government's draft budget report lists a total of 13 privatisations due... extension to the concession for Athens International Airport is completed. The total revenues from... the end of the year, which would take the total to 2.35 billion. Several key privatisations were
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Government struggles to shake off impact of wildfires
PoliticsGreek Politicsarea in Evros had reached 77,000 hectares. After ravaging Dadia National Park, the wildfire has become... caused by the blaze in Evros has prompted the government to send a team of ministers, led by Interior
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Mitsotakis's wildfire narrative comes under scrutiny
PoliticsGreek Politicsof the region in northeastern Greece affected by the wildfire that has ravaged the Dadia National Park..., this time from Alternate Interior Minister Stelios Petsas, who claimed that the National Observatory
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Newsletter 279 -13/11/2020
sight savings, aggregate triples YoY Total deposits, which also include the general government (gg.... Interior Minister Takis Thedorikakos was also left out of the new line-up to be replaced by Agriculture... Interior Minister, to be replaced by Christos Tarantilis. Altogether, 17 changes were made, including
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politicsyears. This could result in total savings of 25 billion (14 percent of GDP) over the 50-year period... persistently above the 55-percent park. Prime Minister Antonis Samaras recently announced a very ambitious plan for creating a total of 770,000 jobs by 2020. Three quarters of those jobs are projected
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Personal responsibility and public healthcare: Greece on a wing and a prayer
Agorarate, with total expenditure on health rising from 14.7 billion euros (8.6 percent of GDP) in 2003... health care, lack of modern units, limited use of new technology, an almost total absence of control... places to park cars, a political leader sells on TV a balm he claims protects users from coronavirus
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