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Newsletter 27 - 22/05/2015
35 percent, we conclude that the pledged collateral for ELA liquidity of 80 billion stands close
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBanking, increasing by 80 bps QoQ to 33.8 percent and reflects the deteriorating macro environment
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Greece deal hangs in balance as IMF sees major differences
PoliticsGreek Politicssystem as unsustainable, with wages and pensions making up 80 percent of total expenditure
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Building activity rises again in March as permits increase by 19.1 pct
EconomyMacroeconomyreflects a low base effect. Since 2008, building permits have plunged by almost 80 percent to 13,383
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How Greek banks were left on the brink
Agorathat 4.4 billion euro of money withdrawn from December until March was sent abroad. Of this, 80
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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomydirect investment abroad increased by 80 million, while the respective liabilities decreased by 50
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Greek talks go down to the wire as IMF raises major objections
PoliticsGreek Politicsor public sector wages, which make up about 80 percent of primary budget expenditure, this will make
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Greek banks' liquidity position at the centre of attention
Economythe around 1,000 bank branches that opened as of Wednesday to pay only pensions, reached 80 million
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This is what the Eurogroup is proposing as a basis for a third Greek bailout
EconomyProgrammeFollowing the second part of the Eurogroup meeting on Sunday, a 4-page draft document was reportedly to presented the euro area leaders' summit that followed. It listed the commitments that Greece would have to make in order to be granted a third bailout that could reach more than 80 billion euros
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Building activity up by 6.2 pct in April for third straight rise
EconomyMacroeconomy). The single-digit rebound in the 4-month period of 2015 follows a nosedive by around 80 percent
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