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  1. The lenders proposals on debt and funding needs that Greeks will vote on in referendum

    EconomyProgramme

    privatization revenues at 0.5 percent this year, 3 billion by 2020 and 4 billion by 2022. Under... tranche would amount to 4 billion euros (1.8 billion from the EFSF and 2.2 billion from ex-HFSF... actions. From the total tranche amount of 4 billion, 3.5 billion would be used for debt servicing

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  2. This is what's in the legislation Greece has to approve by Wednesday night

    EconomyProgramme

    to 2 percent (from 1.4 percent before) 4) Between 50,000 and 100,000 euros, the rate rises to 4... percent (from 4 percent) for main pensions and to 6 percent (from zero) for supplementary pensions... for the higher rate on corporate profits 3) 251 million from the increase in the solidarity levy rates 4

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  3. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    its GDP forecasts, which now point to a recession of 2 (in the baseline scenario) to 4 percent... are now estimated to reach 10 billion in the baseline and 4 billion in the adverse scenario compared... shows 3) Interest payments of 17.8 billion 4) Arrears clearance of 7 billion 5) Cash buffer

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  4. Adult skills in Greece lacking, indicates OECD survey
    Photo by MacroPolis

    Society

    of proficiency (level 4 or 5) in literacy, compared to around one in 10 adults (10.6 percent) on average across the OECD countries that participated in the survey. At Level 4, adults can integrate... percent of adults in Greece attain level 4 or 5, well below the OECD average of 11.2 percent. Similar

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  5. Deal seen on energy liberalisation as third review SLA edges closer
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyProgramme

    Agreement (SLA) before the December 4 Eurogroup and it appears that one of the big-ticket items in the third... before December 4, otherwise a technical agreement would not be possible. Reports on Monday suggest... and the Directorate-General for Competition in Brussels, which will include the sale of the Megalopolis 3 and 4

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  6. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    (QoQ) to 144 million in Q4. On an annual basis, PPI fell by 4 percent to 1.04 billion euros. Net... (ELA) funding dropped to 5.7 billion at the end of December, while ECB funding fell to 4 billion... percent QoQ to 60.26 billion, falling by 10 percent year-on-year. Domestic customer deposits rose by 4

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  7. Industrial turnover rises by 17.5 pct in July for seventh positive month

    EconomyMacroeconomy

    an increase of 15.7 percent in the manufacturing index. The index in mining and quarrying fell by 4 percent..., along with a drop of 4 percent in consumer durables. The energy index grew by 36.6 percent, intermediate goods rose by 14.1 percent and consumer non-durables rose by 4 percent. Within the mining

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  8. Chasing investment, the Greek dream
    Photo by MacroPolis

    Agora

    a nominal growth rate of 4 percent. The main stakeholders in domestic politics appear to agree... for 10 percent of GDP, 4 percentage points above the eurozone average. At the 2007 peak, dwellings... over 3 billion euros, at just 4 percent of GDP. The value stabilised in the region of 2.5 billion euros

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  9. Going for Growth: What next for Greece's economy and banks?
    Photo by MacroPolis

    Agora

    to figures published by the IMF[4]. In the same figures, the IMF foresees increasing growth... as February 26 (figure 4)[15]. Figure 4: Commerzbank Share Price And because Greece’s banks have...://countryeconomy.com/gdp/greece?year=2007 [4] https://en.portal.santandertrade.com/analyse-markets/greece

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  10. Newsletter 198 -15/03/2019

    Newsletters

    last week. Undoubtedly, the market foray, at a yield of below 4 percent, made the outcome of Monday’s... their intention to issue a new 10-year benchmark on Monday, March 4 at 12:15 local time. The reaction... the guidance to the range of 3.9 to 4 percent. Participation of investors reached offers from 380

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