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Fitch keeps Greek rating at 'B' but downgrades outlook to negative
Economyhas moderated its stance since 2012 advocating: 1) Greece to remain in the eurozone 2) Commitment... with the troika, a development that would create serious strains in the state’s cash flow. 2) A worsening... and timely agreement with official creditor that could stabilize the Fitch’s rating outlook. 2
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Newsletter 12 - 23/01/2015
whether Antonis Samaras should continue as the conservative party’s leader. A small defeat of about 2.... Kathimerini daily noted that extraordinary T-Bill issues of 1.5–2 billion may be required to cover... time since Q1 2010. Household disposable income has shrunk by 27.1 percent in five years. 2 Looking
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The immediate economic and financial hurdles for the new Greek government
EconomyProgramme2 billion euros and new funding could stem from extraordinary T-Bill issues of 1.5 – 2 billion... at circa 2 billion. However, since the previous government has exhausted the 15-billion-euro limit
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Newsletter 29 - 05/06/2015
surplus targets to 1 percent of GDP for 2015, 2 percent in 2016, 3 percent in 2017 and 3.5 percent... the solidarity levy rates for individuals whose annual income is between 30,000–50,000 euros by 2 percent... for the ninth successive month in May. 2 Arduous and exhausting Past eight months are a textbook example
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Greece seeks 3-year programme that could exceed 65 bln
EconomyProgramme, 2) Redemptions of Greek government bonds held by the Eurosystem of 14.3 billion 3) Redemption... for privatization proceeds of 2 billion and primary surplus of 9.4 billion that could reduce accordingly funding... outlook would reduce the previously anticipated primary surplus increasing accordingly funding needs. 2
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Unemployment rate slips to 25.6 pct in April, lowest since July 2012
EconomyMacroeconomysince July 2012. On a non-seasonally-adjusted (NSA) basis the unemployment rate fell by more than 2..., remaining broadly stable year to date. The breakdown by gender displayed the jobless rate fell by 2 pp YoY.... The respective breakdown by age group showed a drop in the unemployment rate by more than 2 pp YoY
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Newsletter 36 - 24/07/2015
be sold without the consent of shareholders, 2) transferring business to a bridge bank, 3) separating... of capital controls since June 29, 2) the banks’ financial results for the second quarter of 2015, 3... 690 million euros year-on-year. 2 Divided we fall Treating Greek crisis as a national problem has
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SYRIZA and New Democracy neck-and-neck as post-election scenarios become clearer
PoliticsGreek PoliticsCent Union 3.6 Undecided 14 #Greece — MacroPolis (@MacroPolis_gr) September 2, 2015 Pulse poll... 12.8 #Greece — MacroPolis (@MacroPolis_gr) September 2, 2015 The GPO poll also showed that Alexis... of respondents deem the government to have been a failure. 2) Similarly, an overwhelming percentage of voters
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomybillion that have not been collected yet. 2) Non assessment (and consequently non payment) of the first... in early October. Expenditure Primary expenditure slipped by 2 percent in August, which indicates... of the FY target of 750 million) 2) Other social security funds expenditure (at zero versus an annual
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Newsletter 43 - 18/09/2015
26.6 percent in Q1. The unemployment rate also improved by 2 points compared to the Q2 2014 rate... the unemployment rate improved by 2 points. Primary surplus almost doubles Greece’s budget primary surplus... million above target. 2 Parties miss the point The election outcome and country's prospects remain
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