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  1. The key numbers behind the latest Greek proposals

    EconomyProgramme

    detailed numbers next to most of measures and reforms. However, based on previous proposals, we outline... this year and 1.8 billion in 2016. In the previous government proposal, the annual incremental...’ proposal. A series of fiscal measures have been quantified in previous Greek proposals until June

    2%

  2. A breakdown of Greece’s revised financing needs as part of its new ESM programme

    EconomyProgramme

    (1.4 billion). In its previous assessment, the Commission had calculated Greece’s debt amortization... the previous assessment. 2) Cash buffer for deposit build-up of 7.6 billion compared to 4.5 billion... billion similar to those incorporated in the previous EC report. Summing up, Greece gross financing

    2%

  3. Tsipras keeps bailout issues in safe hands but fails to inspire with new cabinet
    Photo by MacroPolis

    PoliticsGreek Politics

    is also thought to have played a key role in pushing the previous government towards an agreement... position he created in his previous administration for ex-Supreme Court prosecutor Panayiotis Nikoloudis.... Kouroublis was not seen as having done a satisfactory job in the previous months. Tsipras also moved

    2%

  4. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1... year on year (YoY) in Q2 from a revised decline of 0.8 percent posted in Q1. The previous ELSTAT... percent posted in Q1. Following the release of Q2 and revision of previous GDP figures, real GDP

    2%

  5. New overdue taxes increase by 811 mln in July, total stock at 90.4 bln

    EconomyMacroeconomy

    compared to the increase by 1.22 billion euros recorded in the previous month, General Secretariat... 125,000 from the previous month to 4.13 mln in July from 4 million in June. The aggregate figure displays... (i.e. those created before 2016) edged down by 215 million from the previous month to 82.81 billion

    2%

  6. Unemployment rate edges up to 23.4 pct in August
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reading for this year as well as since March 2012. The comparison with the previous month shows... remaining stable at 22.6 percent in the previous two months. In the course of August, the number of employed dropped by 20,700 from the previous month to 3.69 million, while that for the unemployed

    2%

  7. Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    deductions stood at 308 million euros in October, from 355 million in the previous month and reflect a net... by less than 50 million from the previous month to 93.44 billion. The monthly flow remained volatile with net deductions of 88 million in October from net additions of 25 million in the previous month

    2%

  8. Greek stocks end week flat as Friday’s strong rebound erased earlier losses
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    volumes were softer than the previous week. The ESM decision to freeze the implementation of short... on Friday virtually flat from the end of the previous week. Overall, Greek stocks have gained 4.5 percent over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks

    2%

  9. Eurosystem funding falls by 1.9 bln in Dec, down by 60 bln since July 2015
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    compared to the decline of 3.3 billion in the previous month, Bank of Greece's (BoG) annual balance sheet... from the previous month with ELA funding making up around two thirds of the total central bank funding... the previous month. BoG figures also showed that banknotes in circulation edged up by 290 million

    2%

  10. Retail sales rise at an accelerating pace of 1.8 pct in Nov
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    in November, up from the 2.6 percent rise posted in the previous month. The rebound in November sales... stores (-4.4 percent) and automotive fuel (-4.1 percent). Compared with the previous month, retail sales... (MoM) after improving in the previous two months and stood at 71.9 in November, which means

    2%