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  1. Deposit outflows eased to 3.86 bln in May, balance below 130 bln

    EconomyMacroeconomy

    ), while the remaining one-quarter was sent abroad. It is noteworthy that total deposits - which also take... that the total of 3.27 billion of gg outflows in the March-May period is mainly related to transfer...’ at 2.02 billion. The considerable total withdrawals (including both the private sector and gg) of 40.73

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  2. This is what the Eurogroup is proposing as a basis for a third Greek bailout

    EconomyProgramme

    the total financial envelope. · To address the challenges of the Greek banking sector, the total... and thus void increasing the total financing envelope. A comprehensive assessment will be conducted after

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  3. What this week's VAT changes mean for household budgets and public coffers
    Photo by MacroPolis

    EconomyProgramme

    Goods (IELKA), basic food products correspond to 57 percent of total food purchases. This means... in a rise in their retail price by 8.8 percent, assuming that new rates are passed on in total to retail prices. The study shows that the estimated total burden on the average household from the VAT

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  4. More than a fifth of Greeks materially deprived, survey finds

    Society

    in making ends meet with their total monthly income. Just over a quarter (27.4 percent) of the total... households. And, apart from home loans, just over half (51.8 percent) of the total households stated

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  5. Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003

    EconomyMacroeconomy

    , the aggregate figures for the 8-month period that started last December displayed total outflows... billion), in February (7.63 billion) and in June (7.58 billion). Total deposits - which also include... since November 2003. The negative flow of total deposits reflects private sector and other euro area

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  6. Study shows deep impact of capital controls on retail sector
    Photo by MacroPolis

    Economy

    percent of total respectively. This means that due to the imposition of capital controls there was a significant differentiation in customers’ behaviour, with cash payments (as a percentage of total... sector reached 36 percent this year outpacing those via cash that stood at 33 percent of total.

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  7. Election Watch: 24 parties and coalitions apply to contest election

    Agora

    Greece’s Supreme Court has received a total of 24 applications from political entities – including... of the total. Taken together, that made them more successful than poll-topping New Democracy, which took 1.19... to take 151 seats. If the total support for parties not entering Parliament reaches 10 percent

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  8. Greek bank recapitalisation: The story so far and what lies ahead
    Photo by MacroPolis

    Economy

    into the systemic banks, the resolution cost of non-core banks reached a total of 15 billion, with the bulk related to ATEbank (7.5 billion) and TT Hellenic Postbank (4.2 billion). Thus, of the total financial... with capital increases of 8.3 billion in total, with the cancellation of HFSF pre-emption rights fully

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  9. Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    period that started last December shows total outflows reached almost 44 billion corresponding... recorded in January (12.79 billion), February (7.63 billion) and June (7.58 billion). Total deposits... Governing Council decided to lower the ELA ceiling for Greek banks three times by a total of 2.1 billion

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  10. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    interventions for a total of 5.73 billion euros for 2015 and 2016, of which 1.54 billion relate to this year... revenues, which make up two-thirds of total interventions in 2015 and 56 percent in the 2-year period...), rise in the corporate tax rate (150 million). Cost savings of 2.53 billion euros in total

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