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Newsletter 15 - 13/02/2015
last month and 70–75 bps since November. It is important to note that the November rates were
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Capital controls in Greece? A response to Professor Sinn
Agora(taxpayers/depositors with higher taxes, borrowers with higher interest rates, investors e.t.c.) that end
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Greek reform proposals set for broad approval but include some political obstacles
PoliticsGreek Politicsthe proper market rates for licenses and that loss-making media are not allowed to continue operating
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Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln
EconomyMacroeconomydemand are also among the key drivers of the negative credit rates.
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Greek digital economy lagging due to weak demand, lack of skills
Societyaverage of 62%. Moreover, mobile broadband subscription rates are the second lowest in the 28 EU
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Trade deficit plunges by 21 pct in January as exports and imports fall
EconomyMacroeconomyat double-digit rates for the first time since August 2014. January’s figure, along with that of August
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Greek austerity programme compromising some basic rights, EU Parliament report finds
Societycategories of beneficiaries and reduced replacement rates for future retirees,” the report states
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Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery
Economyin 2012, which Fitch rates. On Greek banks, Fitch notes that they are adequately capitalised
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Rare rebound for industrial production with 1.9 pct rise in Feb
EconomyMacroeconomyand optical products excelled surging by 39.5 percent. Strong growth rates were also recorded in tobacco
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Industrial turnover down by 9.8 pct in Feb for fourth straight fall
EconomyMacroeconomyindustrial groupings recorded a drop in industrial turnover with the highest rates posted in energy (-21
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