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Newsletter 7 - 12/12/2014
of the presidential vote has two distinct advantages. By holding the ballots on December 17, 23 and 29, rather than... reaction to Samaras’s unorthodox move was less than overwhelming. Whereas earlier some Democratic Left... of September, that value stood at 17 billion and was still materially lower than the 22.5 billion
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Third of Greek households trapped in debt and poverty, study suggests
Societyto the survey, more than three out of ten households (34.4 percent) had an annual family income of less than 10,000 euros a year, against 28.1 percent in the previous year. The data found that this was more common in households of two to four members than others. An almost identical figure (34.3 percent
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Deposit rates stable, avg loan rate below 5 pct for first time since 2002
EconomyMacroeconomycontrol more than 90 percent of total deposits. Back in 2012, there were more than 15 banks... the eurozone average of 1.03 percent and much higher than other comparable countries such as Spain (0.49 percent), Portugal (1.09 percent) and Italy (1.34 percent), but lower than that in Cyprus (2.3
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What higher ECB haircuts on collateral could mean for Greek banks' liquidity
Economypercent for loans (less than 60 days past due) and GGBs. The bulk of collateral is in the form of pillar... banks have so far used pillar II bonds with a nominal value of more than 45 billion euros, while... 80 billion. This means that Greek banks may raise additional liquidity of less than 20 billion
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomyThe general government (gg) primary cash surplus more than halved to 557 million in the 5-month... period last year. Although narrowing by more than 37 percent, local government’s also displayed... more than offsetting a reduction in expenditure by 6.3 percent to 13.9 billion. Arrears Arrears
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Seven in ten Greeks overweight, extensive new study indicates
Societypercent in Attica. Moreover, it established that Cretans walk up to an hour less than the city dwellers of Attica. The study, which is based on interviews with more than 4,000 people across the country..., with the percentage reaching over 50 percent for the over 65s. While more men than women tend to be more
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Newsletter 54 - 04/12/2015
jump in the tax burden than Greece between 2013 and 2014. The report also showed that Greece posted... is significantly lower than the OECD average of 11.5 percent. In contrast, revenues from social security... than the OECD average. As a result, Greece stands out from a large number of OECD countries
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Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates
Societyof 27.2 percent. The Greek figure was also noticeably higher than the next countries, Latvia (31.8... results show that more than nine out of ten companies in Greece (91 percent), as well as 89 percent... increase on 2013. More than half of all companies in 22 member states say the practice of tailor-made
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Meimarakis and Mitsotakis make it into run-off vote for New Democracy leadership
PoliticsGreek Politicswas thought to have gained less than 45 percent and Mitsotakis more than 30 percent, which would leave... chances of staging a second surprise. Opinion polls had indicated that Tzitzikostas, rather than... to vote for a 3-euro fee) led to some 400,000 people casting ballots, which was much more than had been
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Newsletter 57 - 08/01/2016
, Eurogroup chief Jeroen Dijsselbloem suggested that the review would take months, rather than weeks. He also... loans linked to primary residences. Rather than rely on a series of cuts, which is the approach... rather than implement the measures being demanded by the troika. As it became apparent that Samaras
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