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  1. Opinion polls indicate fragmentation, close election race

    PoliticsGreek Politics

    in agreement on several key factors: 1) SYRIZA has a narrow lead of 2 to 3 percentage points over New Democracy 2) SYRIZA’s support has been falling dramatically over the last two months and now stands

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  2. Even week for Greek stocks but trading thins out

    Economy

    Greek shares ended the week with gains of 2 percent following a broadly stable performance but trading activity remained extremely thin throughout the week, with Wednesday’s turnover being the second... fell by 5.6 percent to 33.9 million. Ellaktor’s revenues rose by a modest 2 percent to 365 million

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  3. In tight election race, rare TV debate carries element of unknown

    PoliticsGreek Politics

    (roughly 2 percentage points or more) on September 20 to consider the option of teaming up just with PASOK... Union 3.5 Pop Unity 3.5 Ind Grks 2 Undecided 8.5 #Greece — MacroPolis (@MacroPolis_gr) September 8

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  4. Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
    Photo by MacroPolis

    EconomyMacroeconomy

    . If confirmed, this would mean 2 million higher arrivals than last year’s figure of 24 million... contraction of 1.5 to 2 percent this year. In mid-August, the institutions that oversee Greece’s adjustment

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  5. Pension reform to be one of new government's toughest challenges in next weeks
    Photo by MacroPolis

    EconomyProgramme

    in an annual increase in revenues by 854 million euros (0.5 percent of GDP). 2) Gradual elimination... the restoration of basic and supplementary pensions to their 2012 levels. 2) The gradual phase-out

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  6. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    contributions for main pensions (531 million) and supplementary pensions (183 million) 2) Reduction... percent discount in VAT on islands (2.2 billion) 2) Increase in the solidarity levy rates (390

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  7. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    sub-tranches of 2 and 1 billion respectively, the government has indicated it aims to pay arrears.... 2) Considerable drop in repos by 7.1 billion more than offsetting the marked rise by 6.4 billion

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  8. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    percent quarter on quarter (QoQ) to 423 million. Fee income also fell 2 percent QoQ, yet the considerable... core-pre provision income (excluding one off items) rebounded 2 percent quarter on quarter (QoQ

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  9. Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance

    EconomyMacroeconomy

    to: 1) SMP and ANFA income of 1.72 billion that was not collected 2) Non-assessment and collection... stands 1.24 billion below target. At the same time, PIB revenues stood at just 2 million in September

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  10. Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound

    Economy

    by 4 and 2 percent quarter on quarter (QoQ) respectively, while operating expenses increased by 1... a yield of 2 percent. Hellenic Petroleum announced a 5-year business plan targeting EBITDA of 650 million

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