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Newsletter 12 - 23/01/2015
, then the threshold for a SYRIZA majority would drop to around 37 percent. The odds are still against
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Top SYRIZA officials hint at path to compromise with eurozone
PoliticsGreek Politicsthat would allow Greek interest payments to drop from 4.3 percent at the moment to between 2 and 2.5
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Three things to watch out for in today's Greek elections
PoliticsGreek Politicspercent, then the threshold for a SYRIZA majority would drop to around 37 percent. The odds are still
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Greek market jitters evident as investors dump shares and bonds
EconomyThe Greek stock market remained deep in the red for the third straight session on Wednesday, tumbling by 9.24 percent. Wednesday’s performance follows a sharp drop of more than 3 percent in each of the preceding two days, bringing the weekly losses so far to 15.4 percent. Although the domestic
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Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
EconomyMacroeconomyGreek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG). The MoM drop is the highest since June 2012 and reflects extended outflows of 4.2
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Greek credit contracts by 3.1 pct in December
EconomyMacroeconomyconsecutive month and landed at 212.04 billion at the end of December implying a drop by almost 6 billion
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Greek stocks recover some losses after turbulent start to week
EconomyFollowing the sharp drop of 9.24 percent on Wednesday, the Greek stock market rebounded 3.16 percent on Thursday but only partially mitigated this week's losses, which still stand at -12.7 percent. Wednesday night's statements by the newly appointed deputy Prime Minister Yiannis Dragasakis seem
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Greek shares rebound after calming comments from PM and finance minister
EconomyThe Greek stock market rebounded by 4.64 percent on Monday following a drop of 1.6 percent on Friday and cumulative losses of 14.1 percent last week. Prime Minister Alexis Tsipras’s intervention via Bloomberg on Saturday and the more measured statements by the Greek Finance Minister Yanis
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Prospect of eurozone deal calms nerves on stock, bond markets
EconomyOrganisation (OTE) and OPAP posted double-digit gains, +14.9 and +14.1 percent respectively. Following a drop
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Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015
Economythe sharp drop in oil prices and improving household disposable income. In addition, euro depreciation
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