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  1. PMI stable in March as war starts affecting business and confidence

    EconomyMacroeconomy

    and new orders have increased every month since November 2024, including March, supported by domestic

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  2. An issue of statistical significance in Greece

    Agora

    of understanding how Greece’s public finances veered dramatically off course and the country turned... exposed and it went off the rails. The state budget deficit was already at 14.4 billion euros, with 43... at reasonable rates, staving off a financial assistance program. Of course, if the Greek deficit

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  3. Who’s afraid of Angela Merkel?

    Agora

    the liberals, representing the well-off, extremely eurosceptic part of West Germany and the eurosceptic and not so well off part of East Germany, where they managed to collect mostly over 5 percent... policy. The Greens have the support of well off voters in common with Angela Merkel. Also, her

    3%

  4. EC sticks with 0.6 pct growth for Greece in 2014 but also sees C/A deficit
    Photo by MacroPolis

    Economy

    (gg) deficit is expected at 13.1 percent in 2013 including one-off costs related to bank recapitalization (11 percent of GDP), according to the EC. Excluding this one-off item, we see the gg deficit... anticipates the gg primary deficit at 8.8 percent of GDP in 2013. Excluding the one-off bank recap

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  5. A factional story: When disunity came to visit New Democracy
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    paid off so far, preying just enough on the doubt of wavering voters who feel they cannot make... of forces on Greece’s right. However, in its bid to stave off Tsipras and Co. New Democracy may end up... begins to seem like an increasing liability. In its despairing effort to block off SYRIZA and win back

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  6. Between the sword and the olive branch: Dilemmas of Greek diplomacy
    Photo by MacroPolis

    Agora

    . There is a danger that the discovery of hydrocarbons off Cyprus, which was seen by many as a potentially... besieged Kobane, the Europeans and Americans cannot afford to write him off. The volatility sweeping..., nicknamed Ak Saray (White Palace). As the western powers stand off, Erdogan gathers more power in his hands

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  7. Newsletter 5 - 28/11/2014

    Newsletters

    euros off target at the end of October despite a primary surplus of 2.65 billion. Revenues excluding... million off target. 2 From Paris to London No happy returns yet for Athens in crucial troika talks... by Stathakis in London is informative and revealing in more ways than one. Leading off with the title “A Growth

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  8. What next Greece?
    Photo by MacroPolis

    Agora

    , and in what circumstances? (5) If and when the wheels come off the programme, is an exit inevitable... programme has always been a “risk-materialisation” away from going off-track. The three main... negotiates a new programme, which goes off track; New Democracy win early elections and avert an exit. I

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  9. Greek market jitters evident as investors dump shares and bonds
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    2012. The sell-off in banks was more pronounced, with the banking index plunging 26.7 percent... Authority stock also suffered a heavy sell off, closing down more than 7 percent after the government... that the sell-off was accompanied by increased trading. Bonds The negative sentiment was also reflected

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  10. Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    ). It should be noted though that last year’s figure included one-off revenues of 1.31 billion related...-off revenue of 556 million related to fees Greek banks paid to the Hellenic Financial Stability... to 16.29 billion. Excluding the one-off items from periods, the adjusted figures show a more moderate

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