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  1. Newsletter 31 - 19/06/2015

    Newsletters

    in multinational missions has been trimmed down, NATO spending requirements mean that it is required to invest more... government has included cuts of 200 million euros to defence expenditure, mainly from shutting down some

    4%

  2. Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
    Photo by MacroPolis

    EconomyMacroeconomy

    , while imports reached 3.36 billion driving goods’ deficit down by 4.4 percent to 1.64 billion. BoD said... rates, down 7.9 and 7.5 percent respectively. However, since imports in absolute figures is around

    4%

  3. Why doesn't Tsipras just cut defence spending?

    Agora

    been trimmed down, NATO spending requirements mean that it is required to invest more than 2... included cuts of 200 million euros to defence expenditure, mainly from shutting down some military camps

    4%

  4. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    30 percent down year on year, and 2.08 billion better than target. Revenues (before tax refunds... displayed direct taxes tumbled 44 percent to 945 million in May bringing the 5-month figure down 16.3

    4%

  5. Greece seeks 3-year programme that could exceed 65 bln

    EconomyProgramme

    the rating agencies have officially updated their 2015 GDP estimates. On June 30, Fitch revised down... and paying down short-term borrowing (7.7 billion). Summing up, gross funding needs could reach 61.7

    4%

  6. Greek banks in intensive care: What lies ahead?
    Photo by MacroPolis

    Agora

    interbank lending. The write-down follows the ordinary allocation of losses and ranking in insolvency... of liabilities and a write-down or conversion in full of all unsecured, non-preferred liabilities other

    4%

  7. For Greek banks, it's business as unusual
    Photo by MacroPolis

    Agora

    for front-page photo shots in newspapers or social media. * Citizens and businesses proceeded to pay down..., which was adopted in Wednesday’s omnibus bill, citizens and businesses started to draw down

    4%

  8. Newsletter 38 - 07/08/2015

    Newsletters

    to be pushing for the creation of a bad bank or an NPL asset management company. Employment down to 25..., employment and stocks are all down. 2 Tsipras's election logic Early polls could wrongfoot PM's internal

    4%

  9. Newsletter 40 - 28/08/2015

    Newsletters

    as this would involve Tsipras having to sit down with the leaders of New Democracy, Potami and PASOK... allows for many choices, the forthcoming ballot essentially boils down to making a decision – however

    4%

  10. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    this is expected to significantly slow down in Q3 due to the imposition of capital controls. Since 2008... and exports of goods down 2 percent. A key component of services’ exports is related to tourism which

    4%