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Newsletter 25 - 08/05/2015
), the general social insurance agency IKA (70 million) and the main journalists’ pension fund (15 million... drop over the last 22 months. April’s reading was eighth straight month with sub-50 reading. 2
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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomyrebounded by 1.4 percent. Private consumption makes up around 70 percent of GDP, while has posted... growth to 2 percent in 2015 accelerating to 3.6 percent in 2016. 2015 outlook The new government
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Brussels talks inconclusive, Tsipras has tough sell at home if deal reached
PoliticsGreek Politics. According to reports, this year’s target will be 1 percent of GDP rather than 3 percent, 2 percent in 2016... euros. Another 70 million euros can be saved from the same rule being applied to the civil servants
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Why doesn't Tsipras just cut defence spending?
Agorathe crisis began, more than 70 percent of the defence budget was used to pay staff but, according... been trimmed down, NATO spending requirements mean that it is required to invest more than 2
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyis the largest contributor, making up 70 percent of GDP. Since the peak in 2008, it has posted... and exports of goods down 2 percent. A key component of services’ exports is related to tourism which
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Bookmakers make minds up on SYRIZA election win
PoliticsGreek Politics, implying a probability above 70 percent for this event to materialise. At the same time, the respective... is currently seen slightly above 2 percentage points. Third party On a separate event related
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First visit by quadriga to Athens leaves series of issues unresolved
EconomyProgrammethat the next sub-tranche of 2 billion euros would be disbursed by the end of October, his statements... percent of those with housing NPLs, whereas the government aims to protect 70 percent of them
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Coalition in rush to wrap up pending bailout issues
EconomyProgrammeAhead of Monday’s Eurogroup, the Greek government seems willing to accelerate its efforts to close some key pending issues that could unlock the disbursement of the next sub-tranche of 2 billion... than 70 percent of indebted households, it is clear that a climb-down from the Greek side would
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Strong start for Greek stocks but they end week down 3.4 pct
Economyof 2 billion euros was voted on Thursday evening but a few significant issues remain unresolved... of 19.6 percent. Since the imposition of capital controls, Greek banks have lost almost 70 percent
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Government in race against time to resolve bailout issues
EconomyProgramme. Those issues relate to the first set of milestones for the disbursement of the sub-tranche of 2... 70 percent in the coalition's initial proposal. The institutions seems to retain their position
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