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Greece rides the ghost train
Agorafor the next few years (1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... million euros (0.5 percent of GDP) this year and 1.8 billion euros (1 percent of GDP) next year. We must
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Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
Economy’ proposal for additional revenues of 1 percent of GDP from VAT reform and another 1 percent from
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Tsipras points to debt relief roadmap as deal clincher
PoliticsGreek Politicstotalling 1 percent of GDP, or 1.8 billion euros. On pensions, the government has so far proposed... of 1 percent of GDP for this year and 2 percent in 2016), Tsipras needs to bring back something from
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Referendum call finds Greek banks teetering on the edge
Economythat have to be addressed imminently: 1) What will happen if the ECB stops providing additional liquidity to Greek banks as of July 1 when Greece will not be under a programme. 2) Which
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Unemployment rate slips to 25.6 pct in April, lowest since July 2012
EconomyMacroeconomywith a drop in the number of jobless by 1 percent compared to March. The drop in the number of unemployed... for males to 22.2 percent, while that for females eased by less than 1 pp to 29.8 percent
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A breakdown of what Tsipras and European lenders agreed to
EconomyProgrammedeficit clause to be implemented retrospectively as of January 1, 2015. o Adopt a series of product..., including in SMEs. EC will propose to increase the level of pre-financing by 1 billion to give
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Tsipras suffers serious knocks in prior actions vote but emerges on his feet
PoliticsGreek Politicssigned on Monday in Brussels, while 64 voted against, 6 abstained and 1 was absent in the 300-seat... to marshal his party as 32 voted against, 6 abstained and 1 was absent. This means that out of 162... leads the Left Platform (which voted en masse against the bill), said after the vote that he
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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomybillion, which is the highest reading since December 2012. ECB funding rose by almost 1 billion to 39.8... currently from zero last December 2014 stems from: 1) Extended deposit withdrawals of around 48 billion
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What the latest set of prior actions mean for home foreclosures
Economylegal framework for foreclosures becomes effective as of January 1, 2016. According to local media... and conversion associated with the bail-in tool, will be applicable in Greece only January 1, 2016
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Newsletter 37 - 31/07/2015
see Greece being on course for a primary deficit of 1 percent of GDP this year, compared to the last forecast for a 1 percent surplus. Beyond that, the various parties have to get down to discussing
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