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Greek bond yields at post-PSI high as Athens bourse continues plunge
Economyto recover more than half of its earlier losses in the last 1.5 hour of trading. It is clear that investors... the 25 large cap stocks on Wednesday. However, the banking index has tumbled by more than 30 percent... in the bond market with the 3-year Greek government bond yield climbing by more than 1.5 percentage
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Why is Europe worrying about SYRIZA?
Agorastagnation, seem far more important than the loss associated with the debt restructuring. The second key point of SYRIZA's electoral agenda is the abandonment of austerity that, albeit less stringent than... be significantly larger than in the case of restructuring. Then, probably more important, because Grexit would
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Review completion and SMP redemptions will decide Greece's QE eligibility
EconomyProgramme20 percent will be taken on by the ECB. The ECB will not buy more than 33 percent of the issuer’s... is lower given the ECB’s SMP holdings of more than 25 billion. In addition, following the PSI and debt... with a cash value of more than 21 billion euros as of March, the gradual lack of renewal of interbank repos
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Why Greece’s ‘also ran’ parties are crucial
Agoramillion votes, or some 19 percent of the total. Taken together, that made them more successful than New... of them who could afford to run again took 368,277 votes, or almost 6 percent. That was more than the communist KKE received and just less than Democratic Left, which won 17 seats. This time round
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Pressing economic tasks mounting up for next Greek government
EconomyProgrammebillion in March. In previous transactions like this, foreign investors purchased more than half... sources note that withdrawals so far are manageable and much lower than those before the June 2012... the downward trend evident in December, when revenues fell by more than 17 percent. If budget revenues
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The immediate economic and financial hurdles for the new Greek government
EconomyProgramme. Greek banks would also resort to ELA to replace cash value of ECB funding of more than 20 billion, which... as of March. Note that Greek banks hold EFSF bonds of more than 37 billion of which less than half is used
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Understanding the German approach towards Greece
Agoraat face value. The risk of direct financial contagion is considerably lower than two years ago, when..., Greece might also grow stronger than its peers in southern Europe over the medium term. The reason..., Merkel is more flexible than she is often given credit for. However, she does not, for all we know
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Newsletter 14 - 06/02/2015
, with a confidence vote due at midnight on February 10, a day later than initially scheduled... by Varoufakis suggesting a debt swap rather than a haircut. Again, anyone observing what key players in SYRIZA had been saying before the elections (rather than taking as gospel the official party line) would
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Growth in new car registrations slows to 12.8 pct in Jan
EconomyMacroeconomythe beginning of 2012. The vast majority (more than 80 percent) of new licenses involves passenger cars, which rose 9.9 percent in January to 8,091. The prefecture of Attica registered less than half of total motor vehicle circulation licenses in January compared to more than 62 percent in December
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Greek stocks tumble, bond yields rise in wake of Tsipras speech
Economymillion almost half the average turnover of 162 million last week. Bank shares made up more than 60... more than 3.5 percentage points (pp) to 21.78 percent. It was at 18.14 percent last Friday. The yield of the 5-year bond widened more than 2.2 pp to 16.51 percent from 14.25 percent on Friday
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