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Newsletter 168 -29/06/2018
the corporate tax rate and to bring down social security contributions. “Whatever debt restructuring is agreed
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IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
EconomyProgrammefatigue could weigh down growth. On the debt front, the Eurogroup agreement last Thursday improved
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Retail sales up by 0.8 pct in April while volume rises by 1.3 pct
EconomyMacroeconomyGreece’s retail sales index increased by 0.8 percent in April, slowing down from growth of 1.2 percent noted in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline index has remained positive for three out of the first four months of the year. February has so far
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingtheir targets for bringing down bad loans in the first quarter of the year. Excluding off-balance sheet
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Blueprint for election battle laid out in Parliament debate
PoliticsGreek PoliticsIndependent Greeks (ANEL), which opposes the deal, will try to bring down the government before
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Draghi sets out QE obstacles facing Greece
EconomyProgrammehad been planned. Pitsilis added that the rate of increase in overdue debts slowed down, while 5.12
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New Democracy gains MP as new effort to launch nationalist party announced
PoliticsGreek Politicsfor entering Parliament) and its presence in Parliament (it is down to seven MPs) has perhaps spurred
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Employment balance records 33,620 more hirings than departures in June
EconomyMacroeconomywas recorded for those aged 30-44, where 6,259 more departures than hirings took place. Broken down
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Unemployment rate edges up to 20.2 pct in April as number of employed dips
EconomyMacroeconomy, declining by 1.7 pps year-on-year. Broken down by age group, the largest year-on-year drop was noted
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For better or worse: Greece's bailout exit deja vu
Agorabe able to negotiate the primary surplus down at this juncture. In fact, back in 2014 Greece’s
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