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Newsletter 103 - 20/01/2017
, the turnover in consumer durables notably fell by 15.9 percent, while that in energy edged down
2% -
S&P affirms Greece’s rating, outlook remains stable
Economycontrols or unexpected debt write-down. In contrast, the ratings could be lowered if delay
2% -
The place where sanity goes to die
Agora, Schaeuble had to back down quickly and make the IMF a basic requirement again. This is hugely
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Tsipras tweaks message as chance of review compromise emerges
PoliticsGreek Politicsthat the ceiling will be brought down from 8,636 euros to 6,000, which would produce another 2 billion
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Stocks fall for fourth straight week amid lack of progress in talks with lenders
EconomyThe Greek stock market started the week tumbling 3.5 percent on Monday in the wake of the deadlock over the programme review. However, the market rebounded in the next sessions, ending the week down 1.2 percent. Next week, which includes a meeting of the International Monetary Fund’s executive
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomy) guarantees edged down by 660 million to 41.75 billion. Overall, bank-related guarantees stood
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Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
EconomyBankingratio down to 51.4 percent in the third quarter of 2016, which is similar to that of Spain (51.8
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Greek-Turkish rift puts strain on Cyprus reunification talks
PoliticsForeign Policyto play down the issue by noting that it is not a “leave it or take it” condition by Ankara (as had
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IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
EconomyProgrammeedging down to 180.8 percent in 2017. On the ex-post evaluation of the 2012-2016 extended
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Trade deficit increases 4.8 pct in Dec and 4.5 pct in 2016 on rising imports
EconomyMacroeconomypercent, while those from non-EU countries edged down 0.9 percent. Moreover, exports to the EU fell
2%