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  1. Car sales up by 29.5 pct in Mar for 19th straight rise
    Photo by MacroPolis

    EconomyMacroeconomy

    than 80 percent of March road motor cars relate to passenger cars. The aggregate figures for the first... three months of 2015 with passenger cars making up slightly less than 80 percent of total The Attica prefecture registered more than half of total motor vehicle circulation licenses in Q1 2015 slightly

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  2. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    this obligation. May obligations Debt obligations in May are higher than those in April and include... 1.9 billion euros from 9 gg entities’ cash reserves for T-Bill purchases. More than 10 billion from... legislation to tax undeclared deposits abroad with a 15-20 percent rate, aiming to bring more than 1

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  3. Golden Dawn trial begins against complex political backdrop
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    More than 18 months after rapper Pavlos Fyssas was murdered by Golden Dawn member Giorgos Roupakias... compiling a case file of more than 30,000 pages. The complexity of the trial means that it is expected to last for more than a year, possibly as long as two years. Apart from delivering justice

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  4. Lack of liquidity, political cost push Greek gov't to seek swift deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    direction than creditors want by raising the minimum wage and calling in the International Labour... to the process, even earlier than the next scheduled Eurogroup on May 11. Liquidity shortage This may... or pensions (rather than lenders or suppliers) might not be paid. A couple of hours later, Mardas claimed

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  5. The faces change, the issues remain the same
    Photo by MacroPolis

    Agora

    Foreign 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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  6. Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct

    EconomyMacroeconomy

    increase 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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  7. Lack of time, lenders' demands back Greek gov't into corner
    Photo by MacroPolis

    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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  8. Uptick in time deposit rates, mixed trends in corporate loans

    EconomyMacroeconomy

    mid-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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  9. New fiscal measures aim to edge Greece closer to deal with lenders
    Photo by Harry van Versendaal

    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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  10. Apartment prices down by 3.9 pct in Q1 for seventh straight QoQ fall
    en_GB Photo by Harry van Versendaal

    EconomyMacroeconomy

    of 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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