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Reshuffle of limited scope, ambition suggests elections on horizon
PoliticsGreek PoliticsInd Greeks 3 Others 7 #Greece — MacroPolis (@MacroPolis_gr) July 18, 2015 Palmos Analysis
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Bank holiday to end but capital controls remain and some transactions forbidden
Economyclosed for 3 weeks (since June 29). Over that period, around 1,000 branches were operating mostly
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Sharp drop of 4.2 pct in Greek industrial turnover in May
EconomyMacroeconomyfor intermediate goods, consumer durables and consumer non-durables increased by 3, 2.5 and 1.1 percent
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S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economy. S&P continues to project Greek GDP will contract by 3 percent in 2015, which is the worst
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Disposable income up by 2.6 pct in Q1 for highest reading since 2009
EconomyMacroeconomy, at a slower pace compared to the above 3 percent growth in the preceding two quarters. However, the absolute
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Greek business feeling the pinch from capital controls
Economylayoffs. Some 3 percent said they had delays in paying their employees during July. In the same
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyof clothing and footwear, which declined by 13.2 percent MoM, as well as in household equipment (-3
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Tsipras wins vote on 3rd bailout but loses more MPs, raising probability of snap polls
PoliticsGreek Politicsthe process with procedural objections, 222 MPs voted “yes” and 64 “no.” There were 11 abstentions and 3
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Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
EconomyProgrammeobligations to the International Monetary Fund next month and some state arrears - 3 billion euros
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Tsipras tries to stem losses to left ahead of snap elections
PoliticsGreek Politicsmay have a very small representation in Parliament or might not even clear the 3 percent threshold
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