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Newsletter 21 - 27/03/2015
that Greece may achieve a primary surplus of 1 percent of GDP this year if the government does... rates on Aegean islands, but government sources said that was a personal view. before May. Although... of €22.9 million for the life of the concession, as agreed last November, may be finalised. However
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As hopes of April 24 deal fade, differences between Greece and lenders remain
PoliticsGreek Politicsunlock funding will carry over into May. Although some Greek government officials insist a deal... that the regular meeting of eurozone finance ministers on May 11 will be the next potential date for some kind.... The failure to reach a deal on April 24, with negotiations possibly dragging on into May, will lead to greater
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Referendum call finds Greek banks teetering on the edge
Economysector outflows of 35.3 billion from December until the end of May. When public sector withdrawals... of May. The BoG figures also showed that banknotes in circulation rose by 15.1 billion euros in the December-May period, corresponding to around 43 percent of private sector outflows. The outstanding
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What capital controls will mean for Greek banks, customers and the economy
Economyof capital controls via a legislative decree. During the bank holiday, which may later be extended... to the limit set by the card issuer. However, the Finance Minister may restrict the withdrawal limit... of payments or money transfers are carried out at the bank cashiers · An imminent problem may also arise
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Newsletter 33 - 03/07/2015
, sharpened the already significant liquidity issues in the Greek market. Between December and May... of banknotes in circulation rose by 15.1 billion euros in the December–May period, accounting for 43... was due by the end of May, was extended until the end of June and then again to 20 July
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With review completion in sight, which way next for Greece?
Agoraand bailout funds that would flow from an agreement (possibly at the May 24 Eurogroup) would provide... in indirect taxes) should not pose a problem. There may be some reservations in the government’s ranks over... be the next programme review, which is expected to begin in September/October. This may contain some
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Newsletter 98 - 02/12/2016
indicates a new high since May 2015 according to the BoG. The breakdown by depositor type showed... flow stands at 2.88 billion since May, when the first programme review was completed. According to BoG... and the third since May 2015. The upward movement mostly reflects a rise in retail sales not in store, in books
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Debt relief, MTFS and return to bond markets on agenda after technical agreement
EconomyProgrammedecision on the disbursement of the next tranche. The next (ordinary) EWG is scheduled for May 15... on May 11-13, where the Washington Group may also convene. Once the new measures agreed with lenders are approved by the Greek Parliament around mid-May, the Eurogroup on May 22 will officially discuss
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The wit and will of men
Agorawas renewed and made more specific at the meeting of eurozone finance ministers last May. A few weeks ago... as the Greek debt issue may be because of the various players involved and the way that it feeds... to Greece on May 9 last year, when the Eurogroup agreed that it would consider “if necessary, possible
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Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
EconomyMacroeconomybudget execution bulletin showed on Wednesday. As we noted a month ago, the MoF updated in the May... proceeds by 437 million. In addition, the monthly targets as of May 2017 were revised accordingly... balance stayed positive for the second straight month but fell to 116 million in May from 656 million
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