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  1. Newsletter 22 - 03/04/2015

    Newsletters

    Focus on meeting obligations Most critical dates for debt repayments this month fall on April 8–9 After successfully covering its funding needs in March, which, at 2.2 billion euros (excluding... an amendment to the law tackling the “humanitarian crisis” that was voted in Parliament on March 19, the state

    8%

  2. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    stood at 2.2 billion euros in March and 0.82 billion in April, while 1.03 and 2.5 billion are due... during a press briefing on Thursday that the state could enforce a law passed in 1951 that allows

    8%

  3. Newsletter 25 - 08/05/2015

    Newsletters

    this amount, primarily using general government funds. Parliament recently passed a law forcing... point to revenues of 110 million from the settlement of 2.2 billion in tax arrears in the second

    8%

  4. Bank of Greece warns of dangers in failure to reach deal with lenders
    Photo by MacroPolis

    EconomyMacroeconomy

    in the institutional framework should also be made mostly related to pre-bankruptcy law and out-of-court... ratio displayed a slightly slower increase by 2.2 pp to 49.5 percent, whilst corporate NPL ratio

    8%

  5. Newsletter 34 - 10/07/2015

    Newsletters

    obligations from its own sources. The Greek document, submitted to Parliament as a draft law in a single... in June The Greek consumer price index (CPI) fell by 2.2 percent in June, slightly above the 2.1

    8%

  6. European Commission evaluates impact of bailout programme
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    annual impact is planned for 2016 at 2.2 percent of GDP. Note that the adjustment for 2015 is seen... in nominal terms until 2021 Additional provisions were included in the omnibus law voted on August 14

    8%

  7. Greece fell two places to 60th in Doing Business ranking, World Bank says

    Economy

    requires 5 procedures, takes 13 days and costs 2.2 percent of income per capita. For Dealing.... For Resolving Insolvency (54th), although data indicates that Greece’s insolvency law complies

    8%

  8. Labour Ministry 2015 data shows increase in employment, marginal drop in average wage

    Economy

    there were also 2,571 firms from the wider public sector that operate under private law. In addition 4.... The average monthly gross wage (including full and part-time employment) fell by 2.2 percent to 1,019

    8%

  9. H1 exports show notable fall in many sectors but agricultural products buck trend
    Photo by MacroPolis

    Economy

    , exports to the EU and the eurozone edged up by 1.3 and 2.2 percent respectively. As a result, exports... in the activation of the National Strategic Reference Framework (ESPA) programme and the Development Law, bad loans

    8%

  10. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    learning and social dialogue. Fiscal Despite a revenue outperformance of 2.2 billion euros... an amendment of the corporate insolvency law in line with an agreed proposal. According to Economy Ministry

    8%