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Newsletter 12 - 23/01/2015
, then the threshold for a SYRIZA majority would drop to around 37 percent. The odds are still against... a gradual lack of renewal of interbank repos up to 9 billion, while collateral related to ECB funding... (up 30.7 percent) on surging non-resident arrivals (up 53.9 percent). The decline in general
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Greek gov't targets unpaid social security contributions: The numbers involved
Economy. For settlement in up to 50 instalments the reduction of penalties and surcharges stands at 70 percent, while for 51 up to 100 instalments the respective cut amounts to 50 percent. The minimum instalment was set... in October 2014 up by 40.3 percent on the end-December 2012 figure of 5.96 billion. Debtors The breakdown
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Newsletter 30 - 12/06/2015
likely that the process will go right up to the wire. Following the infamous Eurogroup in Riga... six readings have all been above the 2 percent- mark. There was a 12.1 percent MoM drop in clothing... that would rain down on the Greek people. Hardouvelis had pledged up to 1.5 billion euros in new measures
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Refugee influx pushes Tsipras towards crisis nexus
Agoraup most of the slack. The state’s failure to register people properly caused resentment in the rest.... Arrivals by sea will drop off but there will still be great pressure to register and house the refugees... to be seen. It may depend on whether Athens is able to live up to the role that its EU partners believe
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Committee of wise men proposes drastic changes to Greece's pension system
Economyand 14.6 percent in Agricultural Insurance Organisation (OGA). Between 2011 and 2013, the drop in pension funds’ revenues ranged between 12 percent for the Seamen's Retirement Fund (NAT) up to 48.9... and compensation as well as reduced economic activity. In addition, state subsidy makes up 39 percent
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Newsletter 50 - 06/11/2015
on Friday as the government tries to step up its efforts to address the refugee crisis, which is steadily... reflects the slow response from the European Union, it also highlights Greece’s inability so far to set up.... The disagreement over funds aside, Schulz also called on Greece to speed up the process for completing the five
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Central gov’t debt rises to 314.6 bln in Q3 on eurozone tranche and GGB redemptions
Economy, FSM loans reached 214.09 billion, making up 68.1 percent of public debt from 65.4 percent... and ESM loans and 17.3 billion to the IMF. The drop in GGBs in Q3 by 6.75 billion euros stems from... stable QoQ at 14.92 billion, making up 4.7 percent of total, while repos fell to 9.81 billion (3.1
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Newsletter 70 - 15/04/2016
positions. As Tsipras lined up next to French President Francois Hollande on Wednesday, it was difficult... of urging Greece’s European lenders to agree to wrap up the review even if the fund is not fully... permits collapse There was an 18.8 percent drop in the number of building permits issued in January
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Central government debt edges down to 321 bln in Q1
Economymovement is fully attributed to a drop in the Financial Stability Mechanism (FSM) loans by 1.42... of December and currently make up more than 68 percent of central government debt. The bulk of FSM... remained unchanged QoQ at 14.88 billion, making up 4.6 percent of debt, while repos edged up by more than
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomyattributed to tax revenues that stood at 24.18 billion, up 8.4 percent from last year and 533 million... of target by 187 million. Moreover, property taxes edged up by 3.4 percent to 1.08 billion in the 7-month period to 1.08 billion, 25 million above target. Despite a drop of 8.2 percent in July
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