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Newsletter 33 - 03/07/2015
a short-lived rise by 1 percent in March. The highest decline was posted by automotive fuel (-10... is unlikely to en masse favour being part of a national emergency government. The other possibility
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Greek banks' liquidity position at the centre of attention
Economyreporters that Greek banks have a liquidity cushion of around 1 billion euros, which is considered
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After 'No' vote, pulling Greek banks back from brink a priority
Economywas around 1 billion. This amount was seen sufficient to cover withdrawals by Monday. Local media
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomy-alcoholic beverages (+1 percent), while were kept stable YoY in communication. CPI remains
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Greece submits proposals to lenders in hope of paving way for agreement
EconomyProgrammeto cover potential fiscal shortfalls: 1) Increase the tax rate on income for rents with additional
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Industrial production down by 4 pct in May after three successive rises
EconomyMacroeconomyAfter rising in the preceding three months, the Greek Industrial Production Index (IPI) fell by 4 percent in May following an upward revised 1 percent growth in April, according to the Hellenic Statistical Authority (ELSTAT). The May headline figure indicates the second negative reading so far
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IMF urges substantial debt relief for Greece
EconomyProgrammeestimates still remain subject to three marked downside risks related to: 1) Medium-term primary
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Bank holiday to end but capital controls remain and some transactions forbidden
Economy30. It will be raised to 13 percent as of October 1. The legislative decree also extended
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What's likely to be in the next multi-bill of prior actions Greek MPs will vote on
EconomyProgrammeDirective (BRRD) and taxation of farmers.* On the pension reform front, as of January 1, 2023 the new
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Travel receipts up 17 pct in May as average expenditure per trip rebounds
EconomyMacroeconomy, international arrivals fell by 1.5 percent in June and rose by a mere 1 percent in the 6-month period. Market
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