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  1. Newsletter 22 - 03/04/2015

    Newsletters

    points in February. This means it is 6 points lower than the recent peak of 102.8 in November... figures mark a third straight month of decline. 2 Overcoming the conceptual gap Time, goodwill.... The government expects these measures alone to produce at least some 2 billion euros of the 4.6 to 6.1 billion

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  2. Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers

    EconomyProgramme

    . 2) Increase in luxury tax in cars, pools and yachts with estimated revenues of 20 million euros. 3... with estimated revenues of 50 – 70 million euros for 2015. 6) Improvement of the VAT collection mechanism through... billion euros for a primary surplus of 1.5 to 2 percent of GDP to be achieved for 2015.

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  3. Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln

    EconomyMacroeconomy

    so far in May, by 2 billion on May 6 and by 1.1 billion on May 12 taking it to 80 billion. Bank... that Greek banks’ dependency on ELA has further increased by more than 2 billion to 76.5 billion

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  4. National Bank posts losses of 159 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    (PPI) eased 2 percent QoQ to 357 million in Q1 reflecting a drop in operating income and expenses... weaker NII from Turkey (down 12 percent in TL terms) and Greece (-2 percent). The lower Greek NII... percent in Q1 after a sharp rise by 6 percentage points to 60.4 percent in Q4. It is noteworthy

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  5. Industrial production up again in April but at slower rate of 0.4 pct

    EconomyMacroeconomy

    that the seasonally adjusted IPI fell 2 percent month on month (MoM) in April, after a marginal rise... production rose by 6 and 5.3 percent respectively. In contrast, mining and quarrying as well as electricity... released by the European Commission at the end of May displayed it improved by 2 points to -13

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  6. Greece and lenders fail to bridge their differences in Brussels

    PoliticsGreek Politics

    Commission sources suggested to the media that the two sides still have differences over 2 billion euros... a change in the VAT rates (6, 11 and 23 percent) with estimated additional revenues of around 1 billion... demanding a primary surplus of 1 percent for 2015 and 2 percent for 2016. On the pension front

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  7. The key numbers behind the latest Greek proposals

    EconomyProgramme

    the corporate tax rate from 26 to 28 percent with estimated revenues at 260 million in 2016 2) Increase... revenues at 47 million per annum in 2015-2016 6) Taxation with 30 percent on gross gaming revenues... revenues estimated at 200 million 2) Increase the corporate tax rate by an additional one percentage point

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  8. Newsletter 35 - 17/07/2015

    Newsletters

    of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion); 2..., the commission estimates that the primary balance will lower financing needs by 6 billion. Based... the beginning of 2014. 2 Back to business as abnormal A look at what's ahead for Greece's banking sector

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  9. Draft bill sees millions in savings and revenues from variety of bailout interventions

    EconomyProgramme

    . 2) The rise in the advance payment of tax for farmers (from 27.5 percent to 55 percent) and self... basis from the abolition of certain taxes and contributions. 5) The abolition of the 2 percent discount for upfront payment of income tax would increase revenues of 28.6 million as of 2016. 6) The GAO

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  10. In tight election race, rare TV debate carries element of unknown

    PoliticsGreek Politics

    (roughly 2 percentage points or more) on September 20 to consider the option of teaming up just with PASOK... finely balanced: Pulse for @action24_ SYRIZA 28 ND 27.5 G Dawn 7 PASOK 6.5 KKE 6 Potami 5.5 Cent Union 3.5 Pop Unity 3.5 Ind Grks 2 Undecided 8.5 #Greece — MacroPolis (@MacroPolis_gr) September 8

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