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Newsletter 76 - 03/06/2016
on year (YoY), slightly worse than the preliminary figures released on May 13. The breakdown revealed... to grips with the situation and may be a sign of the challenging summer that lies ahead, when conditions... estimates released on May 13. In Q4 last year, GDP rose by 0.1 percent. All key GDP components fell QoQ
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Paddling with a wooden spoon
Agora? For starters, the German elections next year may lead to a substantial shift in support from... is due to exit its third programme at the end of July 2018, the political balance in the eurozone may... to discuss the kind of debt relief measures that have been proposed by the IMF. This means Tsipras may
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Opposition tries to pin government down over last year's Plan X
PoliticsGreek PoliticsMinister Alexis Tsipras in May 2015 after six weeks of work in secrecy by a team of experts led... public has interest any longer in what Varoufakis may or may not have done unless
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomy0.85 percent in May, Bank of Greece (BoG) data showed on Tuesday. This was the first uptick, albeit... low it recorded in May and stands almost 30 bps higher than the eurozone average rate of 0.57 percent... by 1 bp in May. The slight rise in the average loan rate coupled with the marginal drop
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Tsipras braces for SYRIZA congress, weighs up reshuffle options
PoliticsGreek Politics. However, wanting to conclude the review quickly and actually doing it may prove two separate things. Some government officials, for instance, told local media that the lenders’ inspection may drag... of the situation. Tsipras, though, is clear that he may have to concede ground to the Fund if he is to wrap things
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Obama emphasises need for debt relief in Athens but Berlin keeps expectations low
PoliticsForeign Policyit clear that this may not be the view of all his fellow eurozone finance ministers. This appeared... Steffen Seibert also emphasised that Berlin is not willing to move outside of the contours of the May... in May on a timetable on exactly that subject .. regarding measures for the short term, and later
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Greece, lenders inch forward after talks on settlement of tax and bank debt
EconomyProgrammebe written-off. According to Economy Ministry sources, one or two meetings of the technical delegations may... by the end of the year. This ruling may pave the way for similar judgments in the future since a large number... have to be retroacctively adjusted as of May 21, 2015. Following this ruling, the Finance Ministry
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Newsletter 96 - 18/11/2016
on the debt issue beyond what was set out in the May Eurogroup statement. Moreover... on Thursday. Athens, though, did not give up its hope that it may be able to push for something more than... coordination. As the US is the single-largest shareholder in the IMF, European creditor institutions may
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Mitsotakis renews appeal to PASOK and Potami for joint drive
PoliticsGreek Politics-Independent Greeks as opposing them and peddling populist rhetoric instead, there may be pressure... threshold for electing MPs in the latest opinion polls. This may make the prospect of an alliance with New... against the coalition, an alliance with PASOK and Potami on a reformist platform may also help
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Newsletter 97 - 25/11/2016
. “Ah, but support for the euro in Greece remains strong,” may be the counter-argument... recent survey on the subject by Greek polling firm Public Issue. A poll published in May indicated... (as promoted by German Finance Minister Wolfgang Schaeuble) is still on the table, the odds may change
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