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Greece stands on fault line between vicious and virtuous cycles for 2016
Agoradisbursements. Tsipras is fully compliant with the implementation of measures that this time last year he... the largest IMF installment of the year at 876 million, which leads to a total figure of IMF obligations in the first quarter of close to 1.5 billion euros. Next year’s interest bill is highest in February
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Newsletter 60 - 29/01/2016
negotiations with lenders on potential additional measures for meeting this year’s fiscal target of 0.5... rose at an accelerating pace by 1.65 billion in December to reach a total of 13.5 billion for the year. Thus, despite the recorded over-performance last year, 2016 is expected to be another challenging
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Newsletter 64 - 26/02/2016
of the year, more than 110,000 refugees and migrants Almost 110,000 migrants have entered Greece from Turkey since January 1, compared to 4,500 in the same period last year. have arrived by sea... and protests Bank of Greece foresees slight recovery later this year Prime Minister Alexis Tsipras met
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agorafor the whole of 2015 eased 2.2 percent year on year (YoY). This is largely attributed to a sharp... annual financial statement that last year it received 914.6 million euros from Greek banks in interest...-year figure points to a 3.9 percent drop. Most banks guided for a double-digit rebound in commission
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Greek stocks advance 2.6 pct for second straight week on improved investor sentiment
Economylevel since March 16. Although Greek stocks jumped 11.7 percent in March, their year to date losses... reflecting a low base effect. Since the beginning of the year, they have lost one fourth of their market... year. Margin Investment Group (MIG) showed profit at the EBIT level for the first time since 2009
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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomy1.88 billion a year ago, corresponding to a notable improvement of almost 31 percent, the Finance... figures were released on July 19. The primary balance for the first six months of this year beat... a primary surplus of 185 million euros, which is less than compared to last year, on sharp drop in Public
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Newsletter 85 - 05/08/2016
cushion in the first half of the year. Although not officially announced yet, budget revenues most.... Overall, new overdue taxes reached 6.81 billion in the first half of the year, which corresponds to a rise of 15.7 percent compared to the 5.89 billion reported in the corresponding period last year. Taking
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyyear on year (YoY) in Q2 from a revised decline of 0.8 percent posted in Q1. The previous ELSTAT... to last year similar to the decrease posted in Q1. In contrast, industrial production rebounded... in the course of Q1. Meanwhile, car sales grew by 9.2 percent in the first half of the year
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Newsletter 86 - 26/08/2016
a new ten-year bank loan of 360 million at an interest rate of Euribor plus 150 basis points... individuals rose by 5.9 percent to 1.8 million in December 2015 from 1.7 million a year ago, according... the average salary fell below the 1,000-euro mark to 979 euros at the end of 2015 from 1,019 euros a year ago
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomyof 2016 from 2.27 billion last year, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday. The headline figure extended the year-to-date outperformance to 3.55 billion euros... climbing to 1.7 billion euros in September, which is the second highest reading in the course of the year
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