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  1. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    The European Commission (EC) published on Wednesday its assessment following the official Greek request for a 3-year loan from the European Stability Mechanism (ESM). The document showed that due to the strong deterioration of Greece’s economic and financial situation, the EC has revised downwards

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  2. Greece trying to redefine its diplomatic role in the Western Balkans
    Photo by Kosovo Ministry of Foreign Affairs

    PoliticsForeign Policy

    in the future how we will apply these two criteria.” Kotzias' statements provoked a strong reaction

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  3. Drop in corporate loan rates led the average loan rate at a new historic low
    Photo by MacroPolis

    EconomyMacroeconomy

    , the time deposit rate climbed to 5 percent amid strong competition mainly led by the smaller banks

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  4. Manufacturing PMI falls to record low in July, new business sees biggest drop

    EconomyMacroeconomy

    mainly led by the difficulty in receiving items from abroad. Another strong negative implication

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  5. Stock market at lowest since Sept 2012 after shares fell by 16.23 pct on reopening
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    controls on June 29, whilst the domestic market had recorded strong gains of 16 percent in the last

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  6. Greek business feeling the pinch from capital controls
    Photo by MacroPolis

    Economy

    are requesting cash advances for the whole amount, even from large, competitive firms with a strong

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  7. Greece and creditors try to untangle pension complications

    EconomyProgramme

    in the next bill, are restrictions on early retirement. The government has pledged to create strong

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  8. Greek stocks down 15.2 in first week of trading after market closure

    Economy

    , while erased only a fraction of those losses in the strong rebound of almost 18 percent on Thursday

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  9. Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    . The Eurogroup statement praised Greek authorities for “demonstrating strong commitment as shown

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  10. A pro-euro alliance to challenge Tsipras?

    PoliticsGreek Politics

    -minister coming more from the reformist centre. The party’s strong ties to the nationalist right mean

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