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  1. Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    rose by 8.6 percent, in books, stationery and other goods by 2 percent and in supermarkets marginally by 0.5 percent. On a monthly basis, retail turnover eased 1 percent month on month (MoM), while

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  2. Tsipras eyes movement on EEZ after second Greece, Cyprus and Egypt pact
    Photo by MacroPolis

    PoliticsForeign Policy

    in the field of energy. Wednesday’s agreement focuses on three key areas/ 1. Energy: The three countries agreed to work together on delineating maritime zones and tapping hydrocarbon reserves. 2. Migration

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  3. Greece prepared to move on pension, labour reforms but details to be decisive
    Photo by MacroPolis

    PoliticsGreek Politics

    points to take away from the statement and the circumstances surrounding it. 1. Fifth review... review has been completed. 2. Pensions: “They notably discussed the importance of reforms to modernise

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  4. Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    for the first time since 2007. The respective figure at current prices contracted by 2 percent in 2014... contraction of 1.5 percent in 2015 from growth of 1 percent estimated a month earlier.

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  5. Newsletter 28 - 29/05/2015

    Newsletters

    indicate that a surplus of around 1 percent will be agreed for this year, 1.5 for 2016 and 3.5.... 2 Will SYRIZA MPs back a deal? Predicting how leftist party will move in next few weeks is futile

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  6. Greece: After a deal, work on a solution
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to the OECD. Partly as a result, Greek labour costs and prices have fallen considerably (see Chart 1... Germany was in the not-so-distant past (see Chart 2). The OECD has compiled a list of 329

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  7. Bank of Greece warns of dangers in failure to reach deal with lenders
    Photo by MacroPolis

    EconomyMacroeconomy

    -oriented model include: 1) Continuation of structural reforms to products and services that would facilitate the market entry of new enterprises, improve competition and promote innovation. 2) Tackling

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  8. Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    December 2014 to more than 88 billion currently, reflects: 1) Replacement of ECB with ELA funding... funding purposes. 2) Extended deposit withdrawals of 37.6 billion (31.5 billion from the private sector

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  9. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    is largely attributed to: 1) The delay in the collection of the first instalment of corporate income tax, estimated at 555 million 2) The non-receiving of ANFA income of 132 million The revenue breakdown

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  10. Newsletter 33 - 03/07/2015

    Newsletters

    a short-lived rise by 1 percent in March. The highest decline was posted by automotive fuel (-10 percent). Retail volume also contracted by 1.9 percent in April . 2 Tragedy and drama Neither Greece... is unlikely to en masse favour being part of a national emergency government. The other possibility

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