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Newsletter 2 - 07/11/2014
. In an interview with Reuters on November 5, Finance Minister Gikas Hardouvelis noted that this buffer would
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Eurobank reports loss of 186.6 mln in Q3
EconomyBankingby another 1.6 billion in Q3 to 9.1 billion. The management stated that 5 billion of state-guaranteed
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Industrial production falls by 5.1 pct in September for seventh straight drop
EconomyMacroeconomyand distribution of electricity. The industry confidence indicator improved by almost 5 points to -0.6 in October
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SYRIZA shows keener interest in foreign policy as possible elections near
PoliticsForeign Policy-Turkish High-Level Cooperation Council in Athens on December 5 and 6. Tsipras suggested that hosting
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Crisis weakens confidence in Greek representative institutions
Society, except for 2011, when the rating for parties hit a low point of 5 percent. Confidence
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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomyby payments of 5 billion to the IMF. At the end of September, the EFSF/ESM/IMF loans stood at 220.12
6% -
Court ruling on property tax levels could hurt future revenues
EconomyMacroeconomy. It was initially due to be paid in 5 monthly instalments starting from July. Following a series of technical
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Greek current account surplus up to 1.6 bln in September after fourth straight rise
EconomyMacroeconomythat reserve assets remained stable for the third successive month at 5 billion at the end
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Greek economic sentiment and consumer confidence up again in November
EconomyMacroeconomygains of 5 points.
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Greek loan rates remained well above euro area average in October
EconomyMacroeconomy. In the corporate sector for loans linked to lower amounts, interest rates recorded a slight drop by 5 bps to 6.01
6%