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Newsletter 24 - 24/04/2015
, as well as repayments to the IMF (of 180 million on May 1 and 700 million on May 12) and interest... on May 6, of which around one-third is held by foreign investors, who remain reluctant to roll over
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Greece eyes temporary solution to liquidity problem from Brussels Group talks
PoliticsGreek Politicsrescheduled for May 6. However, it is clear that despite its efforts to collect the cash reserves from... needed to cover the next IMF payment of close to 750 million euros on May 12, a day after the next
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Newsletter 25 - 08/05/2015
payment of around 200 million euros to the IMF on May 6. Initially due on May Day, payment was postponed.... The next key debt obligation involves a payment of around 750 million to the IMF on May 12, one day
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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomyso far in May, by 2 billion on May 6 and by 1.1 billion on May 12 taking it to 80 billion. Bank
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomyand extrabudgetary funds recorded a slight drop in their arrears by 6 and 8 million respectively. Since the beginning... billion in April making up 88 percent of total gg guarantees. The remaining 12 percent of gg guarantees
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Greek government's proposals to bridge gap with lenders appear to fall short
EconomyProgrammethat the previously proposed by the government special tax of 12 percent on corporate with profits... contributions for pensioners to 6 percent (from 5 percent in the previous Greek proposal). Moreover
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Where the key differences between Greece and the institutions lie
EconomyProgrammecontribution for main pensions from 4 to 6 percent and extension for supplementary pensions... the amount of 200 million the government is suggesting. The Greek authorities propose a special tax of 12
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What's likely to be in the next multi-bill of prior actions Greek MPs will vote on
EconomyProgrammestatement on July 12. This legislation has to be passed through Parliament by Wednesday. This bill... years of contributions. The previously applied lower retirement ages will be gradually increased by 6
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgramme) Full evaluation of the social welfare system, targeting annual cost savings of 0.5 percent of GDP. 6... of the shipping industry 12) Reduction in the current 1,500-euro threshold on bank accounts that cannot
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Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomyat 1.55 billion euros, 317 million below target. As a result, net revenues fell by 6 percent – lower... and 9.4 percent in the 7-month period to 21.43 billion, almost 12 percent or 2.89 billion better than
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