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Coalition's proposal for PR electoral system unlikely to clinch supermajority
PoliticsGreek Politics. The coalition’s proposal centres on three key themes: · Scrapping the 50-seat bonus for the winning part... for the conservatives, at the next elections. Scrapping the bonus means that the winning party, which... the issue as not too long ago it also proposed the abolition of the 50-seat bonus for the winning
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ND mulls next tax cuts as it prepares to unveil new electoral law
PoliticsGreek Politicsrepresentation system that will award a bonus to the winning party. Unlike the existing system, which... to use a sliding scale so the bonus is linked to the winning party’s performance. “We can’t have a situation where the winning party gets 18 percent and gets the same bonus as it would if it gained 38
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Greece’s first bailout, lenders and their pledge to maintain debt exposure
EconomyProgrammeof the holdings of its SMP purchases. Out of a total of 218 billion euros, 33.9 billion were Greek government... be returned to Greece to reduce the financing needs of the second programme, these ECB and NCB holdings... meeting raises questions about lenders' commitment to “broadly maintain” Greek holdings.
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomyin foreign T-Bills and a decline in non-resident’s holdings of Greek government bonds and T-Bills. On the flipside, March inflow is mainly attributed to a decline in residents’ holdings of foreign bonds and Treasury bills and to a lesser extent to a rise in non-residents’ holdings of Greek shares
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomymillion stemming from a 3.1 billion outflow in holdings of Greek government bonds and T-Bills by non-residents and a 1.8 billion rise in residents’ holdings of foreign bonds and T-Bills. Overall... figure mainly reflects increased non-residents’ holdings of Greek stocks, primarily attributed
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Current account surplus reaches 1.68 bln in July thanks to services
EconomyMacroeconomy-based Consolidated Lamda Holdings in the capital increase of Lamda Development. In the 7-month... a net outflow of 766 million euros, largely reflecting a net increase in residents’ holdings..., mainly due to a rise in non-residents’ holdings of Greek stocks. BoG figures also showed that reserve
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Newsletter 18 - 06/03/2015
were unwilling to rollover their holdings. This meant that around 60 percent of this week’s issue had... not increase their holdings and cover even a small part of the (previous) foreign investor participation..., are expected to regularly roll over their holdings, without any serious concern for the outcome of both
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Newsletter 22 - 03/04/2015
their holdings on account of the heightened political uncertainty and country risk. At the same time, Greek banks are legally bound by the ECB not to increase their T-Bill holdings to levels higher... Varoufakis this week and are considering either retaining their T-Bill holdings or proceeding
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Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
EconomyMacroeconomyby 1.1 billion in holdings of foreign bonds and T-Bills. At the same time, residents’ net external...’ holdings of Greek government bonds (GGBs) and T-Bills. For the 7-month period, residents’ external assets fell by 3 billion on the back of a 10.2 billion decline in residents’ holdings of foreign bonds
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Current account deficit widens to 412 mln in May
EconomyMacroeconomy, largely due to a rise in residents’ holdings of foreign bonds and T-Bills of 963 million, while net liabilities declined by 137 million due to a drop in non-residents’ holdings of Greek government bonds... holdings by 4.4 billion. At the same time, the corresponding liabilities dropped modestly by 49 million
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