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Newsletter 63 - 19/02/2016
(May 1). Regarding pension reform, signs of a potential compromise on the domestic front emerged
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Greek stocks rebound 5.8 pct over week
Economymay be inevitable for meeting the pledged target of 1 percent of GDP pension cost savings in 2016
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Travel receipts grow 12.2 pct in Dec, surplus rises to 12.17 bln in 2015
EconomyMacroeconomycountries eased 1 percent and those from other countries surged 31.5 percent. Arrivals from the US
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Unresolved pensions issues complicate the fiscal front
EconomyProgrammein 2013, KEAO has collected SSCs of almost 1 billion.
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Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
EconomyMacroeconomyexpenditure largely reflects proportionally lower costs for: 1) Operational and other expenditure of 100
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomyperformance (-1.7 percent). GDP at current prices eased 0.3 percent QoQ in Q4 decelerating from the 1 percent
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Brewing dispute with media adds to Tsipras's headaches
PoliticsGreek PoliticsWestern Easter, celebrated on March 27 or the Eastern Orthodox Easter, marked on May 1. On the refugee
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Bailout review to continue in Athens, lenders identify key tasks ahead
EconomyProgrammeif this meant Catholic Easter on March 27 or the Orthodox one on May 1.
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Trade deficit drops 5.1 pct in January, exports down 8.1 pct
EconomyMacroeconomydeficit rose by 2.7 percent in January with the respective exports and imports down by 3.9 and 1
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OECD sees potential for recovery in Greek economy, stresses benefits from reforms
EconomyMacroeconomyconsolidation by 1 percentage point in 2016 and 2017 is appropriate. In addition, the OECD stresses
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