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Newsletter 47 - 16/10/2015
forecasts point to a recession of 1 to 1.5 percent for this year and 1.3 to 1.8 percent for next year
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Loose ends to tie up on prior actions as lenders head back to Athens
PoliticsGreek Politicswill lead to the disbursement of another 1 billion euros in loans and allow the first programme review
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBanking(ELA) funding slipping by 1 billion to 21.2 billion. The new time deposit rate further fell by 64
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Industrial turnover dives 18.3 pct in Aug for highest drop in almost 5 years
EconomyMacroeconomyand 24.9 percent respectively, while intermediate goods turnover eased by 1 percent. In contrast
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Tax arrears jump to 1.47 bln in Sept as total for year reaches 8.39 bln
Economyto the outcome of tax audits on large corporate, which fell to just 1 million in September. However, the 9-month
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomycorresponds to lower imports by 4 billion. At the same time, exports fell by 5.8 percent or 1 billion. BoG
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Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip
EconomyMacroeconomystand 2 million and 1 billion above last year’s items respectively. SETE also said that subject
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Growing hopes that Greek recession will be milder than expected
Economypresented this week its updated forecasts calling for a GDP contraction of 1 percent this year from 2
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Newsletter 48 - 23/10/2015
deposits of 1 million euros in his derivation of wealth declaration when he became an MP in 2012
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Greek shares up for the third straight week on strong performance from banks
Economyon Thursday Greek banks’ Emergency Liquidity Assistance (ELA) ceiling for the fifth straight time by 1 billion
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