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  1. Economic sentiment rises in Dec despite sharp drop in retail trade
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved in December, with the index at 107.4 points, from 105.9 in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, December’s ESI was lower by 1 poin...

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  2. Jobs, hundreds of thousands of jobs
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    . There is no reason to rule out that Greece might return to the old relationship and end up in a jobless... billion euros in 2013 to 207 billion by the end of 2020. This implies growth will never drop below 2.5... to pick up. On top of that, the government will remain a drag on the economic identity, having to find

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  3. Greek primary budget surplus rises to 2.53 bln at end of September
    Photo by MacroPolis

    Economy

    . The 9-month figure reached 9.13 billion, up 14.6 percent, yet it fell short of target by 190 million... in September, which is almost three times higher year on year. The 9-month figure stood at 2.19 billion, up... jumped by 18.3 and 29 percent respectively. The respective 9-month figures dropped by up to 1 percent

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  4. Newsletter 12 - 23/01/2015

    Newsletters

    , 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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  5. 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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  6. Newsletter 30 - 12/06/2015

    Newsletters

    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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  7. Refugee influx pushes Tsipras towards crisis nexus

    Agora

    up 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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  8. Committee of wise men proposes drastic changes to Greece's pension system

    Economy

    and 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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  9. Newsletter 50 - 06/11/2015

    Newsletters

    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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  10. 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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