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Newsletter 25 - 08/05/2015
point to revenues of 110 million from the settlement of 2.2 billion in tax arrears in the second
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This is how Greece kept its budget on track in Q1
Agoramillion by the end of March. Another important point to take away is that revenues exceeded primary
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Greece seen having older and much smaller population by 2060
Societysays that by 2060, Greece will be spending 14.3 percent of its GDP on pensions, a 1.9 point decrease
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Greece sees deal by June 5 but size of gaps tells different story
PoliticsGreek Politicsto “impose more austerity.” These comments point to substantial differences between Athens
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PMI improves in May but points to further deterioration in manufacturing
EconomyMacroeconomythat “The manufacturing PMI continues to point to a downturn in the Greek economy” with the ninth
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OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomyconditions and low confidence. New forecasts on export growth point it slowing to 2.3 percent in 2015
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Minor movements in Greek deposit and loan rates in April
EconomyMacroeconomyThe interest rate on Greek households’ new time deposits eased by 1 basis point (bp) to 1.82 percent in April from 1.83 percent in March, according to the Bank of Greece (BoG). Since January, and despite the extended outflows of 31.5 billion euros, the time deposit rate has remained at its lowest
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Waiting for the hurricane
Agorato the point of debating the merit of these options, one has to consider the organisation and clear
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Building activity rises again in March as permits increase by 19.1 pct
EconomyMacroeconomyquarter of 2015 point to a rebound by 7.9 percent in building permits with surface and volume
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Greece rides the ghost train
Agorato the point where even proposals that represent a huge leap from what he was advocating only
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