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Newsletter 79 - 24/06/2016
Assistance (ELA) for ECB funding. Greek banks hold a total of 9.3 billion of ECB-eligible assets...) and capital (-4.8 percent) goods. On the flipside, the turnover in consumer durables surged 23.1 percent
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First step in TV licensing process completed as controversy continues
PoliticsGreek Politicsthat the companies have to fulfil are to have 8 million euros in share capital and not to be behind in the payment of taxes and social security. A total of four permits for broadcasting nationwide via
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Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomyamid capital controls and lack of competition. The drop in the time deposit rate coupled with a similar decrease in the overnight rate led the weighted average rate on total new deposits down by 2
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Industrial turnover plunges 13.4 pct in May for fifth successive double-digit drop
EconomyMacroeconomya fraction of the total industrial index. The turnover for both the domestic and non-domestic market...). Smaller drops were posted in capital goods and consumer non-durables each recording a 2.6 percent
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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek Politics, leading to the imposition of capital controls. Only New Democracy, PASOK and To Potami supported the motion (brought by the conservative party) for MPs to investigate last year’s events. A total of 96
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomythe weighted average rate on total new deposits eased by 1 bp to 0.42 percent, which represents a new record.... Since the imposition of capital controls at the end of June 2015, the new time deposit rate has
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Tsipras seeks "Club Med" unity as refugee crisis, debt talks move up agenda
PoliticsForeign Policy. The situation in Greece remains very delicately balanced, with a total of 57,015 refugees and migrants living... 16. September 9 has been mentioned as a possible date for the conference in the Greek capital
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Industrial production surges 7.5 pct in June, with highest growth rate since 2001
EconomyMacroeconomy27.7 percent, but it makes up just a fraction of the total IPI. All main industrial groupings posted a positive growth rate in June with the most notable in capital goods (+12.6 percent), intermediate
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Newsletter 86 - 26/08/2016
in 2015. Total personal trips came to over 7.7 million in 2009, but this figure plummeted to 4.3... and a capital injection of 125 million by Sklavenitis, which will take control of the new entity
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Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomyany material change in July, the weighted average rate on total new deposits remained flat at 0.42... months, after a notable drop by 90 bps following the imposition of capital controls at the end of June
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