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The faces change, the issues remain the same
AgoraForeign Minister Euclid Tsakalotos – the new head of the “political negotiation” team - than being... in a more positive light than Varoufakis by many European officials, and replaced the finance minister... are onerous matters for this government to tackle, even more so than the previous coalition, which opted
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Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct
EconomyMacroeconomyincrease in compensation of employees more than offsetting a drop in social contributions... corresponds to more than 15 billion euros that have been wiped out from households. This clearly shows... 2014, more than 10 billion below the respective figure five years ago. However, for the whole 2014
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Lack of time, lenders' demands back Greek gov't into corner
PoliticsGreek Politics, or phase in its plan to restore the 13th monthly payment for pensioners who earn less than 700 euros... at knockdown prices and have the state lose its controlling stake rather than the coalition rejecting... out of cash and has more than 700 million euros to pay to the International Monetary Fund on May 12
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Uptick in time deposit rates, mixed trends in corporate loans
EconomyMacroeconomymid-2013 when the last round of Greek bank consolidation took place. Back in 2012, there were more than... rates remain 300-400 bps higher than euro area average figures. In the household segment, the most... in the average loan rate more than offset the marginal rise in the average deposit rate leading the average
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New fiscal measures aim to edge Greece closer to deal with lenders
EconomyMacroeconomy) and more than 5 billion (3 percent of GDP). According to local media, the measures... percent for income higher than the 100,000-euros mark. The proposed increase by 50 percent for incomes... in the luxury tax rate applied on cars with large engine capacity (less than 10 years old), pools
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Apartment prices down by 3.9 pct in Q1 for seventh straight QoQ fall
EconomyMacroeconomyof appraisals, while the value of transactions shrank by more than 93 percent. According to the evolution... than 14 percent from their peak five years ago. Another worrying factor is the jump in the non-performing housing loans to 28.1 percent at the end of September 2014 from less than 10 percent in 2010
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Alexis's choice
Agorathat he prefers the option of agreeing with lenders rather than being left in limbo, or worse. Securing... that less than six months ago, his predecessor Antonis Samaras was unwilling – or not able – to pass... come to less than 200 euros per month. Once Tsipras and his party go behind closed doors to mull
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Newsletter 27 - 22/05/2015
ELA liquidity of 14.5 billion, more than offsetting the additional liquidity arising from... (past due in less than 60 days) as collateral. Bank sources indicate that it is imperative that a deal... in the eurozone. But it is also articulating a diametrically opposite approach than Cyprus when it comes
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Newsletter 28 - 29/05/2015
of the more than 90 billion euros in deposit outflows before June 2012 were sent offshore, while... the second had an even lower outcome, with less than 150 million euros of deposits returning to Greek banks, generating less than 10 million in revenues for the authorities. Economic sentiment falls Greece’s
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Greece and Albania at loggerheads over hydrocarbons research in Ionian
PoliticsGreek Politicsit would be easier to begin hydrocarbon exploration in the Ionian Sea rather than in the Aegean... than maintaining good neighbourly relations. Greek Foreign Ministry spokesman Konstantinos Koutras... hardening its stance and going much further than criticising Rama’s comments. Prime Minister Alexis Tsipras
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