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Newsletter 29 - 05/06/2015
Tsipras and some of his closest aides, abandoned their belief that the cost of leaving the euro
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomyand April was expected and relates to the government’s decision to delay a part of the non-payroll cost
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Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
Economypension cost savings. Although there could be a convergence with Greece on VAT, it is apparent
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Tsipras gives air of resistance but leaves door ajar for agreement
PoliticsGreek Politicsat any cost? Yes/probably yes 69.7% (vs 80.3 in Jan) No/probably no 28.9 (vs 17.2) — MacroPolis
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Tsipras points to debt relief roadmap as deal clincher
PoliticsGreek Politicsthis officially as a non-pension cost, scrapping it would be politically toxic as those earning the lowest
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Newsletter 31 - 19/06/2015
. The combination of restrained liquidity at a higher cost and deteriorating asset quality represents
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Industry turnover down by 2.3 pct in April for sixth straight fall
Economysuccessive month. “The weaker euro is driving up cost but businesses are not seeing the benefits
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgrammesecurity contribution. In contrast, the only cost saving measures related to early retirement
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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomy). This clearly demonstrates that the government restrained the non-payroll cost delaying
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomya large part of non-payroll cost to cover its imminent external funding needs. The absolute figures
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