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Capital controls in Greece? A response to Professor Sinn
Agoraa capital controls regime for Greece, since the cost of a funded capital controls regime is lower than... of Grexit, while they would also be less costly for Greece than Grexit. The EZ has an incentive... writes, the Cyprus bailout cost is not 10 billion but less than 9, as one billion set aside
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Tsipras faces dissent from SYRIZA MPs but serious rift unlikely at this stage
PoliticsGreek Politicsproperly. It is more likely that Tsipras will run the risk of dissent in his party rather than be seen... with a worse deal than the previous coalition. SYRIZA officials have a little time to work on the dissenters within the party, perhaps ensuring that they abstain from the vote on the extension rather than
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Greece's imminent funding problems: All the numbers you need
EconomyProgramme. It is estimated that an amount of more than 800 million euros is held by foreigners that took up about... obligations in the last month of each quarter. Greece has also to pay in March more than 1 billion euros... government and lower-than-expected revenues from the settlement of tax arrears. Since the new
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Gender stereotyping rife in workplace, say Greeks
SocietyGreeks are most likely to believe that gender stereotyping is widespread in the workplace than... that think gender inequalities are less widespread than they were a decade ago. Greece and Cyprus were... percent). A similar percentage in Greece (83 percent) also mentioned more than any other form
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Primary surplus at 1.24 bln in Feb on lower spending and recovering revenues
Economy, primary expenditure was 591 million better than target, PIB balance was 318 million better than expected, while tax refunds were 145 million higher than target. A broadly similar pattern was also evident... dropped 1.7 percent to 6.31 billion, 591 million better than target. As expected, interest payment
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Growing uncertainty weighs on Greek shares and bonds
Economy. Over the last two months (since January 25 elections) they have lost more than 44 percent... to 21.26 percent, more than 4.5 pp higher from the 16.7 percent recorded on February 23, one day after... and settled at 11.1 percent, more than 1.5 pp higher than the February 23 rate of 9.57 percent. Greece
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Greek current account deficit widens to 847 mln in Jan as exports fall further
EconomyMacroeconomyGreece's current account (C/A) deficit widened to 847 million euros in January 2015, more than 2.5 times higher than the previous year, according to the Bank of Greece (BoG). The negative movement... in the travel surplus, which more than doubled YoY to 10.63 million. This mainly reflects an increase
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Greek women having children later, young people taking longer to fly the family coop
Societywith their Portuguese, Italian and Spanish counterparts, Greek mothers aged less than 30 recorded... they were generally 3.3 years older than their brides, with neighbouring Bulgaria recording... than that of Croatia (15.4 percent) and Cyprus (18.6 percent). Greece along with Romania were the only
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New unpaid taxes rising steadily, reach 3.5 bln in Q1
EconomyMacroeconomyagainst the legacy tax arrears in Q1 corresponds to more than one-third of the annual target of 1.7 billion, implying that this tax collection is currently better than target. At the same time, revenue... from audits on large corporations amounted to 106.5 million in Q1 corresponding to slightly less than
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Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
Economybefore. The EC growth estimate for 2015 is lower than the latest Finance Ministry forecast of 1.4... anticipated in its winter forecasts. For 2016, investment growth projections have been more than halved..., the EC underscores that weaker-than-expected revenues due to lower growth prospects more than
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