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Newsletter 1 31/10/2014
surplus (2 billion euros) under the dynamic adverse model. Eurobank’s minimal shortfall of 18 million... improved by more than 12 points. Economic sentiment peaked at 104.1 in June. 2 Banks still face
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Greek deposit and loan rates slide in September
EconomyMacroeconomydeposit rate led the average rate on new deposits slightly lower by 2 bps to 1.32 percent in September... 3 and 2 percentage points respectively above the average euro area rates. In the other key household
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Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomyin 2014 after the -2 percent posted in May. On a monthly basis, CPI fell 0.9 percent compared..., alcoholic beverages and tobacco, displayed an increase (+2 percent). On the flipside, the highest drop
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What does a bailout exit with a precautionary credit line mean for Greece?
EconomyProgrammetypical size is expected to vary between 2 and 10 percent of the concerned country’s GDP. Surveillance... and abolition of retirement exclusions from the general aging limits. 2) Abolition of nuisance
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The politics of debt dynamics in Greece
Agorapercent.[2] Despite these favourable parameters, there are also serious doubts about Greece’s capacity... in the second quarter of 2016. [2] The Greek government’s 2014 debt projections are included
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomyin the implementation of pending structural reforms that could undermine investor sentiment, 2) the very...: 1) more credit from the banking sector following the recapitalization, 2) better export performance
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Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomypercent. Similarly, the consumption tax to GDP ratio reached 11.8 percent in 2012, almost 2 pp above... the OECD average of 6.6 percent. However, their contribution to total taxation slipped by 2 pp to 21.2
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Newsletter 7 - 12/12/2014
. Local media reported the Bank of Greece would retain 2 billion as a precautionary capital reserve... primary surplus figure exceeded its target by 658 million. 2 One last evasive manoeuvre Antonis
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How SYRIZA says it will fund its economic policies
Economyprivate debt (2 billion) and the establishment of new banks (1 billion). However, the use of HFSF... to resort to private funds as was the case last year. 2) Tackling tax evasion, financial crimes
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Newsletter 11 - 16/01/2015
with the troika. Tapping the bond markets is out of the question due to soaring yields. 2. Returning... figure is the second lowest figure since 2001. 2 The demand for debt relief Is the cart being put
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