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Newsletter 33 - 03/07/2015
percent). Retail volume also contracted by 1.9 percent in April . 2 Tragedy and drama Neither Greece... is unlikely to en masse favour being part of a national emergency government. The other possibility
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Greece submits proposals to lenders in hope of paving way for agreement
EconomyProgrammerevenues estimated at 200 million 2) Increase the corporate tax rate by an additional one percentage point
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Tsipras's proposals to lenders come under SYRIZA scrutiny
PoliticsGreek Politicson Friday before Parliament’s begins assessing the proposal at 2 p.m. SYRIZA's meeting, however, did
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Newsletter 34 - 10/07/2015
of that month. The 0.6 percent month-on-month increase reflects the May sales. 2 Between heaven and hell
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Industrial production down by 4 pct in May after three successive rises
EconomyMacroeconomythe seasonally adjusted IPI contracted 4.9 percent month on month (MoM) in May after a 2 percent MoM drop
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Tsipras gets strong mandate for deal in Brussels but left with political conundrum at home
PoliticsGreek Politics. The problem for Tsipras is that 17 coalition MPs (eight abstentions, 2 "No" and seven absentees all from
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IMF urges substantial debt relief for Greece
EconomyProgrammeperiod, according to the IMF. 2) Growth is still assumed to turn Greece from the lowest to among
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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomyfrom December until the end of June. 2) Replacement of ECB with ELA funding following ECB decision
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Primary surplus 3.1 bln above target in H1 on severe underspend
EconomyMacroeconomytarget) 2) Other social security funds expenditure (at zero versus a FY target of 446 million) 3) Grants
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Fitch puts Greek banks' capital needs between 11.2 and 15.9 bln
Economyloans to 52.1 percent, implying a rise by 24.9 billion in absolute terms. 2) Increase in reserve
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