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Newsletter 104 - 27/01/2017
of November continue to point to a drop of 6.6 percent in travel receipts to 13.03 billion. At the same time
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The place where sanity goes to die
Agorasustainable but, at this point, Schaeuble is not prepared to discuss anything that constitutes a programme
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Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
EconomyMacroeconomy) and consumer confidence (-1 point).
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Athens searching for compromise formula should IMF remain on board
PoliticsGreek Politicsthe creditors that the 2016 1.5 percentage point primary surplus overperformance is structural
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Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 2.7 points in January after improving by 1 point in the previous month, the Markit survey displayed on Wednesday. The PMI landed at 46.6, which is the lowest reading since September 2015 and stands well below the long-run average of 49.4. The downturn is mostly
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyGreek households’ new time deposit rate edged down by 1 basis point (bp) to 0.70 percent in December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday. The December rate indicates a new record low since 2002, when Greece entered into the eurozone
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Space and time the missing elements in Greek bailout talks
Agorain measures last year and has seen its opinion poll ratings sink steadily to the point that some surveys
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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammeby 4 bps for every 1 percentage point decline or rise in the debt ratio, but in any case
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IMF sees much scope for reform progress, particularly on tax in Article IV report
EconomyProgramme, the personal income tax rate to 15-20 percent and the top VAT rate of 24 percent by 1 percentage point
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Car sales soar 22.8 pct in first month of 2017
EconomyMacroeconomy, car sales in 2016 still point to a nosedive of almost two thirds from the peak of 372,892 in 2007
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