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Newsletter 127 - 14/07/2017
“two very strong signals” regarding Greece. The yield on 812.5 million euros of three-month T-bills... of less than 5 percent. It is not clear if it will be a reopening of the five-year bond that matures... to the markets in the summer of 2018 rather than recent reports. The unnamed official added
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Budget primary surplus at 3.05 bln in 7-month, above target on underspend
EconomyMacroeconomythe target by 955 million, reflecting a strong underspend with primary expenditure coming in 1.05 billion lower than target, coupled with a higher than expected Public Investment Budget (PIB) balance by 46... versus the target by 1.04 billion. The MoF said that the lower-than-expected expenditure stemmed mainly
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Newsletter 139 -10/11/2017
being immediately arrested and charged (ex proprio motu) rather than for this to rely on authorities... the ENFIA property tax for anyone paying more than 500 euros a year. But this was dismissed as “populist... be taller than the Acropolis. KAS’s objection could represent an additional delay to building works
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesin cash, with 26 percent of all rent in Greece being paid by this method rather than a bank transfer or card payment. The average for the euro area was 6 percent. Greeks were also more likely than any... have been possible. Greeks were also more likely than any other nationality survyed to have received
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Entrepreneurs show lack of innovation, face many barriers to entry, study suggests
EconomyFeaturesactivity came to 3.8 percent in 2016 against 2015’s figure of 3 percent, and notably higher than... percent), while the rate of creating a business due to necessity is much higher than the average (22.8... rates. Informal investors played a role in 2.9 percent of new businesses, lower than the rate
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Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
EconomyMacroeconomymillion. Expenditure Primary expenditure rose to 3.41 in March, higher than the figure of 3.22 billion in February but 13.7 percent lower than the figure for March 2017. The aggregate figure... below target by 2 million euros and 5.4 percent lower than that for the same time last year. Interest
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Summit to usher in a new stage of EU-China relations
Agoraby an unprecedented level of confrontation between the two delegations, less than two weeks after the visit... agreements with his Chinese counterpart. Yet, he also made a strong point by inviting the German chancellor... gone through no fewer than 19 rounds of negotiation since November 2013. Europeans are increasingly
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How SYRIZA lost and New Democracy won
Agorawas decimated in northern Greece following the strong objections in that part of the country... half a million registered voters, SYRIZA in September 2015 beat New Democracy by more than 10 percentage points (pps) 35.81 percent versus 25.29 percent. With more than 70 percent of Sunday’s votes
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Parties jostle over economic data, public still backs ND approach on pandemic
PoliticsGreek Politicsquarter-on-quarter. This was a much smaller contraction than the eurozone average, which was above 3 pct in both cases, and lower than many analysts had expected. This triggered some bold remarks from... for Q2, which includes the start of the peak tourism season, would be worse than in the first three
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Greece hopes beaches won't be empty again this summer, but vaccination numbers say otherwise
Agora. The strategy is functioning well so far By mid-February, there were more than 750 vaccination points...%. The uptake is higher among doctors than among nursing staff (77% and 51% respectively), leading... of the vaccination programme have attracted less scrutiny than they might merit. They include
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