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Economic sentiment, consumer confidence edge down in March
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 1.4 points to 96.8 in March from 98.2 in February, according to the European Commission (EC). In February the ESI had rebounded by 2.9 points. The March figure is the second lowest reading since April 2014 and stands 6 points lower than the recent peak
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Newsletter 22 - 03/04/2015
points in February. This means it is 6 points lower than the recent peak of 102.8 in November
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As hopes of April 24 deal fade, differences between Greece and lenders remain
PoliticsGreek Politicsto roll over 1.4 billion euros in T-Bills on May 6 and May 13. The second is a normal rollover
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S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015
Economy‘Caa1’ government bond rating on review for downgrade on February 6. The recent two downgrades
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This is where Greek gov't could find cash to cover May's obligations
EconomyProgramme: a) Rollover of 1.4 billion 6-month T-Bills on May 6 with foreign investors holding a considerable
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New unpaid taxes rising steadily, reach 3.5 bln in Q1
EconomyMacroeconomy, for 2-5 instalments the reduction is 90 percent, for 6 - 50 instalments it is 80 – 60 percent, while
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Newsletter 24 - 24/04/2015
on May 6, of which around one-third is held by foreign investors, who remain reluctant to roll over
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Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
EconomyProgrammewith estimated revenues of 50 – 70 million euros for 2015. 6) Improvement of the VAT collection mechanism through
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Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct
EconomyMacroeconomyby 29.4 percent over this 5-year period, meaning that around 6 billion are no longer available
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Greece eyes temporary solution to liquidity problem from Brussels Group talks
PoliticsGreek Politicsrescheduled for May 6. However, it is clear that despite its efforts to collect the cash reserves from
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