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Newsletter 37 - 31/07/2015
large, competitive firms with a strong international presence. At the same time, the continuing
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomy, the time deposit rate climbed to 5 percent amid strong competition mainly led by the smaller banks
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomymainly led by the difficulty in receiving items from abroad. Another strong negative implication
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Greek business feeling the pinch from capital controls
Economyare requesting cash advances for the whole amount, even from large, competitive firms with a strong
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Greece and creditors try to untangle pension complications
EconomyProgrammein the next bill, are restrictions on early retirement. The government has pledged to create strong
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Greek stocks down 15.2 in first week of trading after market closure
Economy, while erased only a fraction of those losses in the strong rebound of almost 18 percent on Thursday
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Building activity up again in May but with smaller rise of 1.9 pct
EconomyMacroeconomyin May showed mixed trends. In particular, three regions posted a strong double digit growth, namely
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Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
EconomyProgramme. The Eurogroup statement praised Greek authorities for “demonstrating strong commitment as shown
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A pro-euro alliance to challenge Tsipras?
PoliticsGreek Politics-minister coming more from the reformist centre. The party’s strong ties to the nationalist right mean
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Tsipras makes move to trigger swift elections but opposition stands in way
PoliticsGreek Politicsnotable for the prime minister’s strong attack on the rebels within SYRIZA, who he essentially accused
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