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The one question SYRIZA needs to answer
Agoraand this year, which means that it is capable of meeting basic obligations relating to public sector... to service debt obligations. Next year Greece is scheduled to repay 8.4 billion euros to the IMF, just... on this year's repayment schedule, the IMF received by March about 1/5 of its scheduled payments. This rose
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Greek trade deficit shrinks by 4.4 pct in October on back of strong exports
EconomyMacroeconomythat the October trade deficit stood at 1.77 billion after reaching a year-high οf 2.06 billion euros... respectively. Exports in October produced just their third positive reading so far this year, following.... In absolute terms, exports reached 2.51 billion euros, which is the highest reading year to date. Imports
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Growth in car sales peaks in December with rise of 69.3 pct
EconomyMacroeconomyto 8,867 in December from 5,237 last year and 7,716 a month earlier. Following December’s strong performance, the aggregate number for the whole year displayed road motor cars soared 30.2 percent... percent for the full year. The prefecture of Attica registered more than 62 percent of total motor
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Newsletter 11 - 16/01/2015
year, revenues (excl tax refunds) fell short by 3.2 billion, while expenditure was 866 million better... for the year. The December headline figure is the second lowest since 2001 and was the 22nd consecutive... servicing) in 2013 (earlier than predicted) and in 2014, albeit at a lower level in the past year
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Newsletter 13 - 30/01/2015
year after the failure of the previous government to conclude the troika review. What the government.... According to its economic programme, SYRIZA believes it can raise 3 billion a year in revenues from... in 2010–12, when full year outflows ranged between 13 and 36 billion, the last month in each of those
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Newsletter 17 - 27/02/2015
euros in loan tranches that have been pending since last year. The opposition from MPs, particularly... in 2015 and pick up in 2016”. The central bank believes the key risks this year relate to the government... percent quarter on quarter in Q4 of 2014 after rising in the previous three quarters of the year
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Spain is not Greece: Part two
AgoraSpanish political brother, Podemos. In the year ahead, Spain faces local and regional elections... scenario is far from similar. Growth accelerated last year to 2 percent (as much as Germany) and, even though it has entered an electoral year, Spain is expected to grow by 2.4% in 2015. Renascent
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The ECB's strict rules apply if you dare not comply
Agora. These notes provided the Irish Central Bank with payments of 3.1 billion euros per year over the next decade from the Irish government, which is about 2 percent of Ireland's GDP each year. When IBRC... was limited to that of passive observer. In last year's annual report it acknowledged that the process did
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Accommodation and food services turnover jumps 22.2 pct in Q4 2014
EconomyMacroeconomy. For the whole year, the index showed a rise for the second straight year by 13.7 percent in 2014 from 4.8... percent). Despite a rebound in the last two months of the year, arrivals from Russia dropped 7.6 percent for the whole year, mainly reflecting the strong negative rates in the August – October period
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingas well as higher advertising expenses. However, they fell 10.1 percent year on year (YoY) also... year operating costs reached 1.05 billion and the management guided for a figure below the 1-billion.... The significant increase in the first two months of the year is mainly due to Greek deposit
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