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  1. Newsletter 34 - 10/07/2015

    Newsletters

    a recession of 1.5–3 percent, compared to a growth forecast above 1.5 percent a few months ago

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  2. The key numbers behind the latest Greek proposals

    EconomyProgramme

    in 2016. 3) Reduction in the expenditure ceiling for military spending by 100 million in 2015 and 200

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  3. IMF urges substantial debt relief for Greece

    EconomyProgramme

    for a third bailout programme. 3) Bank support would be the third funded rescue in the last five years

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  4. Reshuffle of limited scope, ambition suggests elections on horizon
    Photo by MacroPolis

    PoliticsGreek Politics

    Ind Greeks 3 Others 7 #Greece — MacroPolis (@MacroPolis_gr) July 18, 2015 Palmos Analysis

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  5. Bank holiday to end but capital controls remain and some transactions forbidden
    Photo by MacroPolis

    Economy

    closed for 3 weeks (since June 29). Over that period, around 1,000 branches were operating mostly

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  6. Sharp drop of 4.2 pct in Greek industrial turnover in May

    EconomyMacroeconomy

    for intermediate goods, consumer durables and consumer non-durables increased by 3, 2.5 and 1.1 percent

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  7. S&P raises Greece’s rating by two notches in first upgrade since Sept 2014

    Economy

    . S&P continues to project Greek GDP will contract by 3 percent in 2015, which is the worst

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  8. Disposable income up by 2.6 pct in Q1 for highest reading since 2009

    EconomyMacroeconomy

    , at a slower pace compared to the above 3 percent growth in the preceding two quarters. However, the absolute

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  9. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    target) 2) Other social security funds expenditure (at zero versus a FY target of 446 million) 3) Grants

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  10. IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016

    Economy

    to attract incremental new funds. 3) The implementation in a more effective manner of the new programme

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