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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomy, the performance of 8 services had been in negative territory. The highest drop in Q2 was displayed...) and advertising and market research (down 8 percent). In contrast, 3 services posted a meaningful rise...). On the flipside, 6 services rebounded strongly QoQ by a double-digit rate. The most significant positive QoQ
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Greek coalition left with bailout exit conditions it wanted to avoid
PoliticsGreek Politics, for the next 6 to 12 months before it can achieve the clean exit the government had hoped for a few months... and 2016. The credit line is likely to be based around some 8 billion euros that Greece will return... is now aiming for is December 8, when the next Eurogroup will be held to decide what the next steps
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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomypercent after an 8 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT... decrease (-8 percent). The breakdown of the 8-month figures showed a high deviation among the 13... are expected to drop by 6 percent overall in 2014, while market sources indicate a decline up to 7 percent
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomy) and advertising and market research (-14.4 percent). From the other 8 sectors that showed a single-digit decrease, architectural and engineering activities turnover fell 8 percent in Q3, telecommunications 7.3 percent and security and investigation activities 6 percent. In contrast, two sectors
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Why Greece’s ‘also ran’ parties are crucial
Agoraof them who could afford to run again took 368,277 votes, or almost 6 percent. That was more than... and Golden Dawn), recent opinion polls suggest that the “also rans” could take anything from 5 to 8... rans” do take between 5–8 percent, then Syriza – if Alexis Tsipras’ party emerges as the winner
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicshouseholds below the poverty threshold (59.4 million) 6) Re-establishment of the Worker Housing... would request the extension of the current limit of T-Bill issues of 15 billion by an additional 8... beyond June If Greece is able to raise an extra 8 billion euros from T-Bills and receives the 7.2
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Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomyfor declaration and payment by one month announced on July 18. Overall, revenues fell by 8 percent... at 1.55 billion euros, 317 million below target. As a result, net revenues fell by 6 percent – lower than the 8 percent drop in revenues before tax refunds – and reached 24.65 billion, 4.28 billion
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Latest polls add to uncertainty ahead of Sunday's elections
PoliticsGreek Politicsthe percentage of voters who have yet to make up their minds at 6 percent, compared to 8 percent last Friday... they will not go to the polling centers on Sunday say they voted for SYRIZA in January, compared to 8 percent
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ECB sees Greek banks' total capital needs at 14.4 bln, recap plans to come
Economystood at 9.5 percent for the baseline and at 8 percent for the adverse scenario. Both figures...), at 8 and 5.5 percent respectively. Macro assumptions The ECB also unveiled on Saturday the macro... collateral values and cash flow valuations. Greek banks are now required to submit by November 6
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Newsletter 50 - 06/11/2015
an annual coupon of 8 percent. In addition, they are mandatorily converted to common shares if a bank’s CET1..., while their approval is expected by November 8. The two key pillars of the capital plans involve... that Athens has received less than 6 million euros this year to tackle the refugee crisis
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