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  1. Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln

    EconomyMacroeconomy

    from 2.93 billion in March to reach a total of 112.84 billion, according to the Bank of Greece's (BoG... so far in May, by 2 billion on May 6 and by 1.1 billion on May 12 taking it to 80 billion. Bank... that Greek banks’ dependency on ELA has further increased by more than 2 billion to 76.5 billion

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  2. Greece concludes regional airports deal, more privatisations lie ahead
    Photo by MacroPolis

    Economy

    . As a result, the total guaranteed cash consideration is seen at 2.15 billion euros. In addition... budget, the Finance Ministry indicated privatisation revenues of 2 billion euros for 2016, lower... summer, the IMF estimated Greece could collect privatisation proceeds of 2 billion.

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  3. Greek stocks up for second straight week, rising by 5.5 pct

    Economy

    the government claims it reduces the total tax and contribution burden. The market traded in positive... 50 percent with revenues rising by 2 percent to 1.04 billion and EBITDA falling by 4.2 percent... results on March 2 and 3 respectively.

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  4. Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , largely attributed to lower expenditure (2 billion below target) and higher than expected revenues... expenditure increased by 4.1 percent to 22.31 billion in the 7-month period and remains more than 2... billion. Overall, total expenditure increased by 2.3 percent to 27.12 billion in the 7-month period, 2.4

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  5. Newsletter 86 - 26/08/2016

    Newsletters

    in June, reflecting a drop in foreign arrivals by 2 percent to 2.97 million and in the average... of Greek debt. 2 A harsh social reality Greece's economic and social deterioration can no longer... in 2015. Total personal trips came to over 7.7 million in 2009, but this figure plummeted to 4.3

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  6. Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
    Photo via @kmitsotakis

    PoliticsGreek Politics

    of VAT from 10,000 euros to 25,000 euros. Mitsotakis said that the reductions would be worth a total... surplus target from 3.5 percent of GDP to 2 percent. The conservative chief also set extremely... to deliver 2 percent in GDP extra revenues to help Greece meet the fiscal targets agreed with its

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  7. Budget primary surplus of 3.8 bln to Aug beats target by wide margin

    EconomyMacroeconomy

    the target by 2.78 billion largely reflecting lower primary expenditure (by 2 billion) and revenue..., remaining 2 billion lower than target. MoF said that compared to last year, expenditure increased by 292... up, total expenditure dropped by 2.7 percent to 3.69 billion in August, while rose by 1.7 percent

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  8. Newsletter 89 - 23/09/2016

    Newsletters

    underspend of 2 billion, coupled with a revenue overperformance of 646 million. Revenues (before tax... of the total index. The turnover for both the domestic and non-domestic markets displayed similar trends... turnover by 6.1 percent. 2 Coalition could face a mauling Nervous Tsipras awaits supreme court

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  9. Stocks drop 1.3 pct during week with light trading volumes

    Economy

    The Greek equity market fell 1.3 percent this week - mostly reflecting the losses of 2 percent... Properties (+2 percent) and Motor Oil (+1.6 percent). On the flipside, the biggest losses were posted... in the total market capitalisation edged up to 61.4 percent in December. Corporate news Terna Energy’s

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  10. Lenders' proposal not yet enough to convince Athens, banish snap poll option
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ’s meeting in Brussels, where the creditors reportedly asked the government to adopt 2 percent... for the total in new measures to drop to between 2.5 to 2.7 billion euros. The Greek government... would like to reduce this to three years and for the target to be around 2 percent of GDP after

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